--- title: Gehan Homes Adds a Strategic Partner description: Gehan Homes, a Dallas-based homebuilder, and Sumitomo Forestry America, Inc. announce an agreement for Sumitomo Forestry to acquire 51% of the homebuilder. image: https://press.brightlandhomes.com/hubfs/Imported%20sitepage%20images/plant-1920w.jpeg.jpeg --- ![Brightland Homes](https://press.brightlandhomes.com/hubfs/social-suggested-images/lirp.cdn-website.com7a80ecd9dms3repmultioptBrightland_Stacked_Logo_Full_Color_Digital-1920w-2.png) - FIND YOUR NEW HOME - [Austin](https://www.brightlandhomes.com/new-homes/texas/austin) - [Dallas](https://www.brightlandhomes.com/new-homes/texas/dallas) - [Houston](https://www.brightlandhomes.com/new-homes/texas/houston) - [San Antonio](https://www.brightlandhomes.com/new-homes/texas/san-antonio) - [Phoenix](https://www.brightlandhomes.com/new-homes/arizona/phoenix) - [Denver](https://www.brightlandhomes.com/new-homes/colorado) - [Nashville](https://www.brightlandhomes.com/new-homes/tennessee/nashville) - [Jacksonville](https://www.brightlandhomes.com/new-homes/florida/jacksonville) - [Tampa](https://www.brightlandhomes.com/new-homes/florida/tampa) - HELPFUL RESOURCES - [Customer Care](https://www.brightlandhomes.com/new-home-resources/customer-care) - [Personalize Your Home](https://www.brightlandhomes.com/new-home-resources/personalize-your-home) - [Homebuying Process](https://www.brightlandhomes.com/new-home-resources/home-buying-process) - [Financing Your Home](https://www.brightlandhomes.com/new-home-resources/financing) - [Why Buy New?](https://www.brightlandhomes.com/new-home-resources/buying-a-new-home) - [Blog](https://5722395.hs-sites.com) - GALLERY - [Floor Plan Gallery](https://www.brightlandhomes.com/gallery/floor-plans) - ABOUT US - [Family of Brands](https://www.brightlandhomes.com/about-us/family-of-brands) - [Awards](https://www.brightlandhomes.com/about-us/home-builder-awards) - [Careers](https://www.brightlandhomes.com/about-us/careers) - [Press](https://press.brightlandhomes.com) - [Reviews](https://www.brightlandhomes.com/about-us/reviews) - [Giving Back](https://www.brightlandhomes.com/about-us/giving-back) # Gehan Homes Adds a Strategic Partner ### Friday May 02, 2014   [Home](https://www.brightlandhomes.com) [Press](https://press.brightlandhomes.com) Gehan Homes Adds a Strategic Partner Gehan Homes, a Dallas-based homebuilder, and Sumitomo Forestry America, Inc. announce an agreement for Sumitomo Forestry to acquire 51% of the homebuilder. The new partnership is designed to strengthen the market position of Gehan Homes in each of their 5 homebuilding markets, all of which are among the fastest growing housing markets in the United States. “Our new partnership with Sumitomo Forestry will give Gehan Homes added financial strength to better take advantage of a growing residential housing market, especially in the area of land acquisition,” said [Timothy Gehan](https://www.gehanhomes.com/about-us/press/gehan-homes-adds-a-strategic-partner?__hstc=186366390.e34ae4de25cc17724c4abd4382bab27e.1684945922552.1690482256924.1690484339373.131&__hssc=186366390.109.1690484339373&__hsfp=207578461), CEO of Gehan Homes. Sumitomo Forestry America, Inc. is a wholly-owned subsidiary of Sumitomo Forestry Co., Ltd, a 320 year old, publicly traded timber, wood products and homebuilding company based in Tokyo, Japan. Sumitomo Forestry America has existing U.S. homebuilding operations in Seattle and the Dallas/Fort Worth, Texas market. “We believe that Gehan Homes is well-positioned to meet the needs of today’s discriminating homebuyer” With their equity investment in Gehan Homes, Sumitomo expands its presence in the [Dallas/Fort Worth](https://www.gehanhomes.com/about-us/press/gehan-homes-adds-a-strategic-partner?__hstc=186366390.e34ae4de25cc17724c4abd4382bab27e.1684945922552.1690482256924.1690484339373.131&__hssc=186366390.109.1690484339373&__hsfp=207578461) market and adds the other fast-growing markets of [Houston](https://www.gehanhomes.com/about-us/press/gehan-homes-adds-a-strategic-partner?__hstc=186366390.e34ae4de25cc17724c4abd4382bab27e.1684945922552.1690482256924.1690484339373.131&__hssc=186366390.109.1690484339373&__hsfp=207578461), [Austin](https://www.gehanhomes.com/about-us/press/gehan-homes-adds-a-strategic-partner?__hstc=186366390.e34ae4de25cc17724c4abd4382bab27e.1684945922552.1690482256924.1690484339373.131&__hssc=186366390.109.1690484339373&__hsfp=207578461), [San Antonio](https://www.gehanhomes.com/about-us/press/gehan-homes-adds-a-strategic-partner?__hstc=186366390.e34ae4de25cc17724c4abd4382bab27e.1684945922552.1690482256924.1690484339373.131&__hssc=186366390.109.1690484339373&__hsfp=207578461) and [Phoenix](https://www.gehanhomes.com/about-us/press/gehan-homes-adds-a-strategic-partner?__hstc=186366390.e34ae4de25cc17724c4abd4382bab27e.1684945922552.1690482256924.1690484339373.131&__hssc=186366390.109.1690484339373&__hsfp=207578461), Arizona. Gehan Homes will maintain its existing management and operational structure, including its executive team of brothers Tim Gehan, Glenn Gehan and Peter Gehan who founded the company along with their family. “It was important to us to continue our current organization in order to build on the successes we have had while positioning the company for future growth,” said Glenn Gehan.   Gehan Homes builds in the “move-up,” “second move-up” and “luxury” homebuyer categories. Currently, Gehan Homes is selling in 58 communities across Texas and Arizona. The company has seen a steady increase in average selling price over the past four years due to upgrades in floor plans and community locations. “We believe that Gehan Homes is well-positioned to meet the needs of today’s discriminating homebuyer,” said Peter Gehan. “We are excited about our new partnership with Sumitomo Forestry and the strengthening of our company to continue its growth in the future.” ##### [Next Post: Gehan Homes and Toys for Tots](https://press.brightlandhomes.com/gehan-homes-and-toys-for-tots) ##### [Previous Post: Gehan Homes Makes Every Home Energy Efficient](https://press.brightlandhomes.com/gehan-homes-makes-every-home-energy-efficient) ### Share this: [mailto:?subject=I%20wanted%20to%20share%20this%20great%20website%20with%20you&body=https%3A%2F%2Fwww.brightlandhomes.com%2Ffirst-time-homebuyers-tips](mailto:?subject=I%20wanted%20to%20share%20this%20great%20website%20with%20you&body=https%3A%2F%2Fwww.brightlandhomes.com%2Ffirst-time-homebuyers-tips) ## Let's Help You Find the Perfect Home! ---   ## [![Brightland Homes to Consolidate Under DRB Group](https://press.brightlandhomes.com/hs-fs/hubfs/Oakwood%20Estates_Oleander_xf5.jpg?width=450&name=Oakwood%20Estates_Oleander_xf5.jpg) Brightland Homes to Consolidate Under DRB Group Originally published by DRB Group via PR Newswire | March 28, 2025 April 29, 2025 | 1 minute read](https://press.brightlandhomes.com/brightland-homes-to-consolidate-under-drb-group) ## [![Brightland Homes Shines Bright at the Houston’s Best PRISM Awards](https://press.brightlandhomes.com/hs-fs/hubfs/Colony%20at%20Pinehurst_Latitude_fr.jpg?width=450&name=Colony%20at%20Pinehurst_Latitude_fr.jpg) Brightland Homes Shines Bright at the Houston’s Best PRISM Awards Brightland Homes is proud to announce its outstanding success at the recent Houston’s Best PRISM Awards, hosted by the Greater Houston Builders ... January 1, 2025 | 2 minute read](https://press.brightlandhomes.com/brightland-homes-shines-bright-at-the-houstons-best-prism-awards) ## [![Brightland Homes Recognized for Excellence in Denver Homebuilding Awards](https://press.brightlandhomes.com/hs-fs/hubfs/C91A2866.jpg?width=450&name=C91A2866.jpg) Brightland Homes Recognized for Excellence in Denver Homebuilding Awards Brightland Homesis proud to announce its recent recognition for our Denver homes at two prestigious industry events. These achievements highlight ... December 1, 2024 | 3 minute read](https://press.brightlandhomes.com/brightland-homes-recognized-for-excellence-in-denver-homebuilding-awards) ## [![Brightland Homes Enters the Tampa Market](https://press.brightlandhomes.com/hs-fs/hubfs/Tampa_skyline.jpg?width=450&name=Tampa_skyline.jpg) Brightland Homes Enters the Tampa Market Brightland Homes is excited to bring its award-winning designs and high-quality craftsmanship to Tampa, Florida. With an established presence in ... October 24, 2024 | 2 minute read](https://press.brightlandhomes.com/brightland-homes-enters-the-tampa-market) ## [![Brightland Homes Gives Back: Supporting Red Cross Relief Efforts](https://press.brightlandhomes.com/hs-fs/hubfs/Red%20Cross%20Check%20OCT%202024.jpg?width=450&name=Red%20Cross%20Check%20OCT%202024.jpg) Brightland Homes Gives Back: Supporting Red Cross Relief Efforts Brightland Homes believes in the power of community, especially in times of need. As Hurricanes Helene and Milton continue to leave trails of ... October 17, 2024 | 2 minute read](https://press.brightlandhomes.com/brightland-homes-gives-back-supporting-red-cross-relief-efforts) ## [![Brightland Homes Affirms Commitment to Brokerages Amid Industry Changes](https://press.brightlandhomes.com/hs-fs/hubfs/sales.jpg?width=450&name=sales.jpg) Brightland Homes Affirms Commitment to Brokerages Amid Industry Changes In light of the recent settlement by the National Association of Realtors (NAR), Brightland Homes reaffirms its dedication to maintaining strong ... June 10, 2024 | 1 minute read](https://press.brightlandhomes.com/brightland-homes-affirms-commitment-to-brokerages-amid-industry-changes) ![Brightland Homes - Contrast Logo](https://press.brightlandhomes.com/hubfs/BH_White_logo-4.webp) ### Find Your New Home [Austin](https://www.brightlandhomes.com/new-homes/texas/austin) [Dallas/Ft. Worth](https://www.brightlandhomes.com/new-homes/texas/dallas) [Denver](https://www.brightlandhomes.com/new-homes/colorado) [Houston](https://www.brightlandhomes.com/new-homes/texas/houston) [Phoenix](https://www.brightlandhomes.com/new-homes/arizona/phoenix) [San Antonio](https://www.brightlandhomes.com/new-homes/texas/san-antonio) [Nashville](https://www.brightlandhomes.com/new-homes/tennessee/nashville) [Jacksonville](https://www.brightlandhomes.com/new-homes/florida/jacksonville) [Tampa](https://www.brightlandhomes.com/new-homes/florida/tampa) ### Explore [About Us](https://www.brightlandhomes.com/about-us) [Helpful Resources](https://www.brightlandhomes.com/new-home-resources) [Customer Care](https://www.brightlandhomes.com/new-home-resources/customer-care) [Careers](https://www.brightlandhomes.com/about-us/careers) ### Our Brands Brightland Homes Gehan Homes Gray Point Homes Wonderland Homes Southern Impression Homes ![](https://press.brightlandhomes.com/hubfs/Assets/Gehan_Homes_October2019/Images/eho_logo.png) © 2026 All Rights Reserved Brightland Homes LTD [Terms of Use](https://www.brightlandhomes.com/terms-of-use) [Privacy Policy](https://www.brightlandhomes.com/privacy-policy) [Sitemap](https://www.brightlandhomes.com/sitemap.xml) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Brightland Homes", "url" : "https://press.brightlandhomes.com/author/brightland-homes" }, "dateModified" : "2023-07-27T21:47:53.427Z", "datePublished" : "2014-05-02T22:47:00.000Z", "headline" : "Gehan Homes Adds a Strategic Partner", "image" : [ "https://press.brightlandhomes.com/hubfs/Imported%20sitepage%20images/plant-1920w.jpeg.jpeg" ], "mainEntityOfPage" : { "@id" : "https://press.brightlandhomes.com/gehan-homes-adds-a-strategic-partner", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://press.brightlandhomes.com/hubfs/social-suggested-images/lirp.cdn-website.com7a80ecd9dms3repmultioptBrightland_Stacked_Logo_Full_Color_Digital-1920w-2.png" }, "name" : "Brightland Homes" } } ```