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Our story

Three homes on a street, all with two-car garages and the middle one with solar panels

Our story

In the late 70s, our parent company pursued a variety of successful real estate ventures, from commercial construction to property management. In 1977, the company formed Richmond Homes Limited to pursue building single-family homes and everything fell into place. By the end of the first year, 27 homes had closed and 65 more were under construction.

We never looked back.

Forty-five years later, the companies operating under the Richmond American name have communities under construction in 16 states. Our parent company, M.D.C. Holdings, Inc. (NYSE: MDC), is ranked among the top 10 builders in the nation. We take pride in the 240,000+ homes built from coast to coast, but the real success is that no two homes are exactly alike.

Read our full story

Company milestones

1972

Larry A. Mizel and his associates establish Mizel Development Corporation, which will later become M.D.C. Corporation.

1977

David D. Mandarich joins the company and leads the formation of Richmond Homes Limited, which will later become Richmond American Homes.

We close on our first sale of a single-family home in Denver, CO!

1984

Parent company, now named M.D.C. Holdings, Inc. (“MDC”), celebrates its debut on the New York Stock Exchange.

1987

MDC ranks in the Top 10 of the “Top 400 Housing Giants” by Professional Builder® magazine.

2003

Richmond American Homes closes on home number 100,000!

2006

Forbes magazine features MDC on its Platinum 400 list for the eighth year in a row as one of “America’s Best Big Companies.”

2019

Richmond American clocks in at more than 200,000 homes built from coast to coast.

2021

Company achieves record revenues and expands into four states in a single year.

More about us

Interested in our process? Curious about what our Foundation is doing to give back to the community? Find out more on our main About us page.

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