A Raleigh-based homebuilding company has sold to a national firm that already has a substantial presence in the Triangle, adding yet another high-profile local firm to the list of companies being acquired in the homebuilding market.
The owners of Terramor Homes have closed a deal valued at approximately $60 million to sell to D.R. Horton, one of the largest builders in the country, according to a statement from the Texas-based firm.
Before the acquisition, D.R. Horton was already among the top…
