NEWPORT BEACH, CA—William Lyon Homes andPolygon Northwest have entered into an agreementin which William Lyon Homes will acquire the residentialhomebuilding business of Polygon for $520million.
The transaction marks the Lyon's entry into the PacificNorthwest region, and is expected to close in the thirdquarter of 2014.
Polygon Northwest has operated in the Pacific Northwest regionfor more than 20 years, delivering approximately16,000 homes during such time period andestablishing a strong reputation for quality and customersatisfaction. Polygon Northwest is currently the largest privatehomebuilder in the Pacific Northwest, with #2 market positions inSeattle and Portland.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
