Company Description
M.D.C. Holdings, Inc. (historically traded on the New York Stock Exchange under the symbol MDC) is a U.S. homebuilding and related financial services company founded in 1972. According to company disclosures and press releases, its homebuilding subsidiaries operate under the Richmond American Homes name and have helped more than 240,000 homebuyers achieve homeownership since 1977. Over several decades, the business has focused on constructing new single-family homes and developing residential communities across multiple U.S. states.
The company has described itself as one of the largest homebuilders in the nation, with Richmond American-branded operations in Alabama, Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Within these markets, its subsidiaries develop neighborhoods that feature ranch and two-story detached homes, paired homes and master-planned communities. Many of these communities highlight designer-curated fixtures and finishes, floor plans intended to maximize available space and layouts aimed at making homeownership attainable for a range of buyers.
M.D.C. Holdings’ business model combines home construction with related financial and insurance services offered through wholly owned subsidiaries. Mortgage lending is provided by HomeAmerican Mortgage Corporation, homeowners’ insurance is offered through American Home Insurance Agency, Inc., and title and escrow services are provided by American Home Title and Escrow Company. These subsidiaries primarily support Richmond American homebuyers, creating an integrated experience that spans financing, insurance and closing services for purchasers of new homes built by the company’s homebuilding operations.
Homebuilding operations and communities
Richmond American Homes develops a variety of communities, often organized around specific collections of floor plans. Press releases describe offerings such as the Seasons™ Collection, which is designed to maximize space and make homeownership more attainable, and paired or single-family homes in both ranch and two-story configurations. Communities may include features such as finished basements, fully landscaped homesites, attached RV garages, and access to neighborhood amenities like clubhouses, pools, parks, trails and large areas of green space, depending on the specific development.
Examples from recent announcements include new communities and masterplans in locations such as Meridian, Idaho; Plumas Lake and Santa Paula, California; Aurora and Elizabeth, Colorado; Los Lunas, New Mexico; Mount Dora, Florida; and Tucson, Arizona. These neighborhoods often emphasize proximity to major highways, schools, shopping, dining, recreation areas and regional attractions. Many communities also highlight designer-curated fixtures and finishes, reflecting the company’s focus on interior design packages selected by professionals.
Financial services and support businesses
In addition to homebuilding, M.D.C. Holdings’ subsidiaries provide mortgage financing, insurance and title services. HomeAmerican Mortgage Corporation offers mortgage lending solutions for buyers of Richmond American homes. American Home Insurance Agency, Inc. provides insurance products associated with home purchases, and American Home Title and Escrow Company offers title and escrow services. These services are described as being offered primarily to Richmond American homebuyers, aligning the financing and closing process with the company’s homebuilding activities.
Corporate history and transformation
M.D.C. Holdings, Inc. was founded in 1972 and, for many years, its common stock was listed on the New York Stock Exchange under the symbol “MDC.” In April 2024, Sekisui House, Ltd., through its U.S. business controlling company, completed the acquisition of M.D.C. Holdings, Inc. Sekisui House stated that MDC had delivered high-quality homes in the United States over a period of about 50 years and that the acquisition would expand its U.S. business by strengthening the delivery of detached homes across multiple states.
In connection with the acquisition, it was announced that MDC would be delisted from the New York Stock Exchange. Subsequent filings report that the company no longer has any class of securities registered under Sections 12(b), 12(g) or 15(d) of the Securities Exchange Act of 1934 and that it may, at its discretion, stop making filings with the U.S. Securities and Exchange Commission. An amended and restated certificate of incorporation filed in September 2025 changed the company’s name from M.D.C. Holdings, Inc. to Sekisui House U.S., Inc., reflecting its integration into the Sekisui House Group.
Business focus within the construction sector
Within the construction sector, M.D.C. Holdings has been associated with new single-family housing construction. Its Richmond American Homes subsidiaries focus on building new ranch and two-story homes, paired homes and communities that may form part of larger masterplans. The company’s public communications emphasize quality and value in the homes its subsidiaries build, as well as the role of its operations in helping homebuyers achieve what it describes as the American Dream of homeownership.
Across its markets, Richmond American-branded communities often feature a range of floor plans with varying bedroom counts and square footage, and may offer options such as three-car garages or RV garages, depending on the community. Some developments highlight resort-style or community amenities, including clubhouses, pools, fitness centers, parks, gardens and trail systems. Others emphasize convenient access to major transportation routes, employment centers, schools, retail areas and regional recreation or cultural attractions.
Relationship with Sekisui House
Following the completion of the acquisition by Sekisui House, Ltd., MDC became part of a broader group of U.S. homebuilders controlled by Sekisui House. The acquirer has indicated that it intends to leverage MDC’s business processes and systems and to introduce Sekisui House technologies in order to supply high-quality detached homes in the U.S. market. With the name change to Sekisui House U.S., Inc., the former MDC entity now functions as a U.S. platform within Sekisui House’s overseas housing business.
Stock and debt securities
Historically, M.D.C. Holdings, Inc. common stock traded on the New York Stock Exchange under the ticker symbol MDC. The company also had senior notes listed on the NYSE, including 6.000% Senior Notes due 2043, which traded under the symbol “MDC 43.” In May 2024, the company announced its intention to delist these senior notes and to deregister all outstanding issuances of its senior notes from registration with the SEC. The company stated that it did not intend to arrange for listing or quotation of the notes on another national securities exchange or medium, and that these actions would not affect the terms of the outstanding notes.
Current status of the MDC ticker
As a result of the completed acquisition by Sekisui House and the related delisting, the MDC ticker represents a former listing rather than an actively traded common stock on the New York Stock Exchange. The corporate entity that previously operated as M.D.C. Holdings, Inc. has been renamed Sekisui House U.S., Inc., and it has indicated through SEC filings that it no longer has an obligation to file periodic reports under the Exchange Act. Investors researching the historical MDC symbol are therefore examining the record of a company that has been acquired and renamed, rather than a standalone, exchange-listed issuer.