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About
Forestar Group, Inc. is a residential and mixed-use real estate development company. It operates through the following segments: Real Estate, Mineral resources and Other Natural Resources. The Real Estate segment deals with the project planning and management activities related to the acquisition, entitlement, development, and sale of real estate. The Mineral resources segment focuses on exploration, development and production activities by increasing acreage leased, lease rates, and royalty interests. The Other Natural Resources segment includes the sale of wood fiber from portions of the company's land and lease land for recreational uses. The company was founded in December 2007 and is headquartered in Austin, TX. | |||
Description
Forestar Group Inc. operates as a real estate company. The company engages in the acquisition, entitlement, development, and sale of real estate, primarily residential and mixed-use communities. It also sells commercial tracts; residential lots primarily to homebuilders; undeveloped land through its retail sales programs, as well as operates commercial real estate and income producing properties, such as a hotel and multifamily properties. The company owns, directly or through ventures, approximately 4,600 acres of real estate projects located in 10 states and 14 markets in the United States; and has 2 real estate projects representing approximately 730 acres in the entitlement process in California. Forestar Group Inc. is headquartered in Austin, Texas. |