In 2018, following the sale of Gehan Homes, Glenn Gehan launched GFO Home in Austin, Texas. Now, Gehan has announced the company’s expansion into the Dallas-Fort Worth market.
As a fourth-generation home builder with deep roots in the city, expanding his new company to Dallas was always the plan, reports Gehan.
“The residential market is strong in Dallas, with the second-highest number of people moving here compared to all U.S. metro regions,” he says. “We specifically target the move-up home buyer, and we’ve had tremendous success—far more than even our most optimistic expectations.”
GFO Home’s leadership team has together built more than 25,000 homes over two decades, and all of that experience went into creating a new and different company, launched in one of the hottest real estate markets in the U.S.
In Dallas, GFO has 54 homes under construction, with 19 ready for quick-move in, in six communities, and the company is in negotiations with eight additional communities. GFO just opened new model homes in Inspiration, a master-planned community in Wylie, and in Lakeview Downs, featuring 1-acre homesites in the Highland Park peninsula on Lavon Lake. A model in the Woodbridge community will open this quarter as well.
As a corporate citizen, GFO is already giving back to the DFW area, investing a total of $80,000 in the Dallas Children’s Advocacy Center, which improves the lives of abused children, and Genesis Women’s Shelter, which provides shelter and support for women who have experienced domestic violence.
GFO’s future plans include expansion into Houston and eventually other large cities in Texas.
