Forestar Group (NYSE:FOR) is a residential lot development and real estate solutions provider headquartered in Austin, Texas. The company specializes in purchasing, planning and developing land parcels for residential communities across the United States. Through a nationwide network of local teams, Forestar secures entitled and infrastructure‐ready sites and delivers finished homebuilding lots under master purchase and sale agreements with national, regional and local homebuilders.
In addition to traditional lot development, Forestar offers build‐to‐suit home programs and turnkey construction services tailored to the needs of its homebuilder partners. The company’s in‐house expertise spans land acquisition, regulatory entitlements, site design, utility coordination and infrastructure installation. By integrating these capabilities, Forestar seeks to optimize development timelines, control construction costs and enhance community livability through thoughtful planning and engineering.
Forestar’s origins date back to the real estate investment division of a major Midwestern financial institution, with its current structure solidified by a series of strategic transactions and an initial public offering in 2017. Since that time, the company has expanded its footprint through disciplined land acquisitions and active portfolio management, targeting high‐growth markets and sunbelt states. Its vertically integrated business model reflects decades of collective experience in real estate planning, development and financial structuring.
Operating in more than 20 states, Forestar maintains significant activity in Texas, Florida, California, Georgia and the Carolinas. The company is led by President and Chief Executive Officer Gregory G. Watson, supported by a team of seasoned executives overseeing development, finance and operations. Under the guidance of an independent board of directors, Forestar continues to focus on strategic capital allocation, sustainable community development and long‐term value creation for its stakeholders.
