Dream Finders Homes has acquired Liberty Communities, expanding its presence in the Atlanta home building market and increasing its community count in Greenville, South Carolina. The transaction includes Liberty’s core home building operations and assets in both Atlanta and Greenville, plus its captive pre-engineered panel and truss and building component import businesses.
Liberty’s offsite manufacturing and component import businesses provide cost and operating efficiencies in Liberty’s existing markets and position DFH with a potential platform for expansion to other active markets in the future.

“We are excited to partner with Liberty, led by its dynamic founder and CEO, Neil Koelbl, and his exceptional leadership team. Atlanta – the sixth largest home building market in the U.S. and the largest in the Southeast – has been one of our highest-priority expansion markets. Atlanta had over 27,000 estimated single-family permits in 2024, and was, effectively, the only Southeastern market where we were not active,” says Patrick Zalupski, Dream Finders’ chairman and CEO.
“This transaction gives us a running start to build Atlanta into one of the top markets for DFH. In addition, Liberty’s offsite manufacturing operations provide us with a unique and differentiated opportunity to explore incremental cost and production efficiencies for our home building operations.”
DFH funded the transaction with cash and borrowings under its existing senior unsecured revolving credit facility. Simultaneously with the acquisition closing, DFH paid off Liberty’s vertical lines of credit associated with the assets acquired.
DFH, which is No. 14 on the 2024 Builder 100 list, builds single-family homes throughout the Southeast, Mid-Atlantic, and Midwest, including Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, Arizona, and the Washington, D.C. metro.