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    Dream Finders Homes Inc (DFH)

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    Dream Finders Homes, Inc. (DFH) is a U.S.-based homebuilder that designs, builds, and sells single-family homes in high-growth markets. The company employs an asset-light lot acquisition strategy, focusing on constructing homes for various buyer segments, including entry-level, first-time move-up, second-time move-up, and active adult markets. DFH also provides financial services such as mortgage banking and title insurance to complement its homebuilding operations.

    1. Midwest - Builds single-family homes in Texas (Austin, Dallas, Houston, and San Antonio) and Denver, Colorado, catering to diverse buyer segments.
    2. Southeast - Develops homes in Florida (Jacksonville, Orlando, Tampa, and other areas), Savannah, Georgia, and parts of South Carolina, focusing on affordability and flexibility.
    3. Mid-Atlantic - Constructs homes in the Carolinas and the Washington, D.C. metropolitan area, targeting high-demand regions with tailored offerings.
    4. Financial Services - Offers mortgage banking solutions through Jet HomeLoans and title insurance via Golden Dog Title & Trust, supporting homebuyers with financing and closing services.
    NamePositionExternal RolesShort Bio

    Patrick O. Zalupski

    ExecutiveBoard

    President, CEO, and Chairman of the Board

    Member of Investment Committee at DF Capital Management, LLC; Board Member of Jet HomeLoans, LLC

    Founder of DFH in 2008; led the company from closing 27 homes in 2009 to over 29,500 homes by 2023; oversees land investment activities and company growth.

    View Report →

    L. Anabel Fernandez

    Executive

    Senior Vice President and CFO

    None reported

    Joined DFH in 2018; promoted to CFO in April 2022; oversees balance sheet management, capital allocation, and investor relations; previously worked at Macquarie Group and Fidelity National Financial.

    Justin W. Udelhofen

    Board

    Director

    Private investor; Former Principal of Durant Partners LLC

    Board member since January 2021; serves on Audit, Nominating and Governance, and Compensation Committees; extensive experience in investment and financial oversight.

    Leonard M. Sturm

    Board

    Director

    Board Member and Chairman of Audit Committee at Jolley Holding Aruba; Board Member at Esplanade Lake Club Homeowners Association, Inc.

    Joined DFH Board in September 2022; chair of the Audit Committee; retired KPMG audit partner with 37 years of experience; recognized as an audit committee financial expert.

    Megha H. Parekh

    Board

    Director

    SVP and Chief Legal Officer at Jacksonville Jaguars; CLO for Iguana Investments Florida, LLC, and All Elite Wrestling, LLC

    Board member since January 2021; chairs the Nominating and Governance Committee; brings 13 years of experience in acquisitions, business ventures, and legal expertise.

    W. Radford Lovett II

    Board

    Director

    Founder, Chairman, and CEO of TowerCom, Ltd. and TowerCom, LLC; Co-founder of Lovett Miller & Co.

    Board member since January 2021; brings 25 years of executive leadership experience; chairs the Compensation Committee and serves on the Nominating and Governance Committee.

    William W. Weatherford

    Board

    Director

    Managing Partner of Weatherford Capital; Chairman of University of South Florida Board of Trustees; Board Member at TECO Energy, Kitson & Partners, PayIt, SOMA Global, Utility, Inc., and others

    Joined DFH Board in January 2023; former Speaker of the Florida House of Representatives; extensive governance and financial expertise.

    J. Douglas Moran

    National President

    None reported

    Former COO of DFH; transitioned to National President in December 2024 to reduce travel for health reasons; oversaw growth from 500 to 7,300 homes annually during tenure as COO.

    Program DetailsProgram 1
    Approval DateJune 2023
    End Date/DurationJune 30, 2026
    Total Additional Amount$25.0 million
    Remaining Authorization$18.3 million as of September 30, 2024
    DetailsRepurchases through open market, privately negotiated transactions, or other methods in compliance with Rule 10b-18. The program may be expanded, extended, modified, or discontinued at any time.

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Liberty Communities, LLC

    2025

    Completed on January 23, 2025, DFH paid $112 million in cash (subject to post-closing adjustments) to acquire over 750 lots, 5,000 lots under control, and offsite manufacturing capabilities, which expands DFH’s footprint into the Atlanta and Greenville markets and includes debt management through paying off vertical lines of credit.

    Crescent Homes

    2024

    Completed on February 1, 2024, the deal enabled DFH to expand into Charleston, Greenville, and Nashville by acquiring 457 homesites (with a sales backlog valued at over $265 million) and 6,200 lots, with a cash consideration between $207 million and $210.4 million and a noncontrolling interest component, supporting DFH’s strategic growth and diversification.

    Alliant National Title Insurance Company, Inc.

    2024

    Planned acquisition announced on October 23, 2024, where DFH aims to vertically integrate by acquiring the nation’s largest independent title underwriter—based in Longmont, Colorado, with over 700 independent agents across 32 states—subject to regulatory approvals and customary closing conditions.

    McGuyer Homebuilders, Inc.

    2021

    Completed on October 1, 2021, DFH acquired MHI for $471 million in cash (plus assuming $97 million of liabilities and potential contingent payments up to 25% of pre-tax income), adding 1,850 home sites and a backlog of nearly 1,844 homes worth over $1 billion, thereby expanding DFH’s presence in key Texas markets and reinforcing its asset-light growth strategy.

    No recent press releases or 8-K filings found for DFH.