\n<\/p>\n
On Friday, Trumark Homes\u2014which has been majority owned by Japan-based Daiwa House since 2020\u2014announced<\/a> that it has struck a deal to acquire a Seattle metro-based homebuilder JK Monarch<\/a>.<\/p>\n The deal is the latest in a recent string of U.S. homebuilder acquisitions by Japanese firms. Exactly five weeks ago today (February 13<\/a>), Japan-based Sumitomo Forestry announced that it had agreed to acquire Tri Pointe Homes\u2014a giant public homebuilder ranked No. 715 on the Fortune 1000\u2014for $4.5 billion.<\/p>\n Then on February 23<\/a>, Stanley Martin Homes\u2014which has been owned by Japan-based Daiwa House since 2017\u2014announced that it has agreed to buy United Homes Group, which has a strong presence in the Carolinas, for $221 million. On March 10<\/a>, Japan-based Iida Group Holdings announced that its subsidiary, Hajime Construction, will acquire a majority equity interest in Utah-based homebuilder Wright Homes.<\/p>\n<\/div>\n Here\u2019s what Trumark Homes wrote<\/a> in a press release announcing the JK Monarch acquisition, published on March 20, 2026:<\/p>\n \u201cWith the long-term vision of founders Michael Maples and Gregg Nelson, and the financial support of Daiwa House, Trumark Homes has grown from a private California homebuilder with two divisions into a regional leader with five divisions and $1 Billion of revenue annually over the past 2 years, serving homebuyers from the Pacific Ocean to the Rockies, and now the Pacific Northwest. M&A milestones over the past five years include the organic formation of the Colorado Division in 2021, the acquisition of Central California homebuilder Wathen Castanos Homes in 2023, and the acquisition of Icon Lending in 2024.\u201d<\/p>\n<\/blockquote>\n For Daiwa House, the acquisition of Seattle metro-based homebuilder JK Monarch\u2014which builds only in Washington\u2014will expand its presence into the Pacific Northwest, further extending its footprint across the U.S. housing market.<\/p>\n It isn\u2019t just Daiwa House. The U.S. builder acquisitions by Japanese firms are really starting to stack up\u2014see ResiClub<\/em><\/a>\u2019s Japanese builder acquisition tracker below:<\/p>\n<\/div>\n\n