Shea Homes is an American homebuilding company. Founded in 1881, its major markets are the West Coast (California, Arizona, Nevada, Washington, and Colorado), Texas, the Carolinas, and Florida.
History
Shea Homes’ parent company, the J. F. Shea Co., was founded in 1881 in Portland, Oregon by John Francis Shea. In 1997, J. F. Shea acquired the Mission Viejo Co., which owned land in Southern California and Colorado, from Phillip Morris.[1] In 1998, it acquired UDC Homes, which had been the largest homebuilder in the Phoenix market and had a presence in California.[2] In addition to being a new home builder, the J. F. Shea Company's activities include commercial construction, civil engineering, commercial and multi-family property development and management, construction materials and venture capital.
Donations
In 2017, Shea Homes donated $11 million to Phoenix-area Catholic schools to be used for renovations and construction.