AV Homes is a homebuilder engaged in the business of homebuilding and community development in Florida, the Carolinas and Arizona. The company's business focuses on the development and construction of primary residential communities serving first-time and move-up buyers, including under the company's local Savvy Homes, Bonterra Builders, Royal Oak Homes and Oakdale-Hampton brands, and (ii) active adult communities, which are age-restricted to the age 55 and over active adult demographic. As of Dec 31 2017, the company owned 4,911 developed residential lots, 2,395 partially developed residential lots, 8,776 undeveloped residential lots, and 6,980 acres of mixed-use, commercial, and industrial land.
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