Daiwa House California

Our rental housing and single-family house businesses in the US have continued to post solid results, and we are expanding our operational scale, targeting the whole country. Our operations in the United States commenced in 1976, and over the nine years to 1984 we built some 10,000 homes through lot subdivision. In 2011 we established a local subsidiary in San Jose, California, and began rental housing management operations. In 2014 we moved our headquarters to Dallas, Texas, and also opened a new base in Los Angeles, expanding in 2019 with bases in Reston, Virginia, and New York City. We had previously commenced rental housing operations in the states of Texas, Illinois, Massachusetts, Washington, Tennessee, and Arizona, and we have started business in condominium sales in New York and commercial facilities in California. In 2016, we expanded our sphere of business as Stanley-Martin Communities, LLC, a company involved in the single-family housing business, became part of the Group, with Trumark Companies doing so in 2020. In addition, Daiwa Living is engaged in management of serviced apartments in California.