JOE vs NVR

St. Joe Company

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida, the United States. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment plans and develops residential communities of various sizes for homebuilders or retail consumers. It primarily sells developed homesites and parcels of entitled undeveloped land. The Hospitality segment owns and operates a private membership club, golf courses, beach clubs, retail outlets, marinas, and other entertainment assets. This segment also engages in the hotel, food and beverage, and gulf-front vacation rental operations, as well as provides management services. The Commercial segment engages in leasing of commercial property, multi-family, a senior living community, and other assets. This segment also plans, develops, entitles, manages, and sells commercial land holdings for retail, office, hotel, assisted-living, multi-family, and industrial uses; and grows and sells pulpwood, saw timber, and other forest products. The company owns 171,000 acres of land in Northwest Florida. The St. Joe Company was founded in 1936 and is based in Panama City Beach, Florida.

NVR Inc.

NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. It primarily constructs and sells single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers, and NVHomes and Heartland Homes products to move-up and luxury buyers. It also provides various mortgage-related services to its homebuilding customers, as well as brokers title insurance and performs title searches in connection with mortgage loan closings. The company primarily serves in Maryland, Virginia, West Virginia, Delaware, New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Florida, Tennessee, and Washington, D.C. The company was founded in 1980 and is headquartered in Reston, Virginia.