creates synergies and scalability ,” said Brad Holmes , President of LHM Real Estate . “ Destination Homes , along with our other construction partners , will continue to build within the Daybreak community in South Jordan , Utah . We also anticipate integrating Destination Homes into our other current and future land projects .”
“ David and I built this business over the last 20 years to become one of the most respected home builders in the region ,” said Brad Wilson , Principal of Destination Homes . “ As we evaluated the company ’ s future , our primary goal was ensuring our mission continues . Given our long-standing relationship with LHM Real Estate and the opportunity to combine organizations with similar values , both parties explored the potential transaction . We believe that this exciting next step will provide longevity for Destination Homes and create an opportunity for it to grow beyond its current potential . This acquisition by LHM Real Estate will provide continued stability for our talented employees and the ability for Destination Homes to perform at a larger scale for the people of Utah and our region .”
Destination Homes will retain its name and operate as a division under Larry H . Miller Real Estate . Over the last 15 years , Destination Homes has completed more than 2,000 homes and currently has projects in Daybreak , where it were one of the original homebuilders , as well as Hill Farms , Windmill Estates , Towns on Main , and Wilcox Farms in Davis County , and Beacon Pointe in Utah County .
Bailey , Wilson and Carter Owens , Destination Homes ’ chief financial officer , plan to continue to focus their efforts on their multifamily business , Newtown Residential , and will not remain with Destination Homes . They are committed to helping support LHM Real Estate and Destination Homes throughout the transition .
On March 1 , 2022 , Larry H . Miller Real Estate announced it had finalized
LHM Real Estate complemented its strength in residential construction with the addition of Destination Homes .
the acquisition of Destination Homes , and executive leadership within Destination Homes and the Larry H . Miller Company gathered on May 9 to officially commemorate the transaction between the two companies .
( Top Stories continue on next page )
New Look and Name Continue Enduring Legacy for the Larry H . Miller Company
The Larry H . Miller Company unveiled an updated name and refreshed logo on March 1 , 2022 . Effective that date , the names and logos of the Larry H . Miller Group of Companies and Larry H . Miller Management Corporation transitioned to the Larry H . Miller Company .
The updated logo is a combination of the iconic Larry H . Miller signature paired with carefully considered typography . These two distinct elements represent aspects of the Larry H . Miller Company . The signature references the entrepreneurial personalities and enduring legacy of our founders , Larry H . and Gail Miller , while the contemporary , solid typography evokes our foundational values : integrity , hard work , stewardship , and service .
“ We ’ ve updated our name and logo to celebrate transformational change and a unique time in our company ’ s history ,” said Steve Starks , CEO of the Larry H . Miller Company . “ The refreshed logo honors the rich legacy of the Miller family and the business they built on a foundation of visionary values . Those values have guided our work since the beginning and will continue to illuminate our path moving forward . We are focused on growing our portfolio of businesses and investments , and continuing to enrich lives .”
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