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Forestar Group Inc. is a residential lot development company that acquires land and develops infrastructure for single-family residential communities, then sells finished lots to homebuilders. The company operates primarily in high-growth markets across more than 50 markets in 22 states throughout the southern and western United States. Forestar works closely with homebuilders including D.R. Horton, its majority shareholder, to identify, acquire, and develop land positions that meet market demand for new housing. The company's business model focuses on developing lots with shorter hold periods and faster inventory turns compared to traditional land developers. Forestar handles all aspects of land development including entitlement, planning, infrastructure installation, and utility connections before delivering finished lots ready for home construction. The company is headquartered in Arlington, Texas.