Hovnanian Enterprises

About Hovnanian Enterprises

Hovnanian Enterprises is a real estate operator headquartered in Matawan, NJ. Hovnanian Enterprises operates in Atlanta, Georgia, Austin, Texas and Baltimore, Maryland. Its investment focus is on Single-Family Homes.

Hovnanian Enterprises, Inc. is a public U.S. homebuilder founded in 1959 by Kevork S. Hovnanian and headquartered in Matawan, New Jersey. The company designs, builds and sells for-sale housing under the K. Hovnanian Homes brand, including single-family detached homes, townhomes, condominiums and active-adult communities. As of October 31, 2025, it operated in 156 residential communities across 13 states, including Arizona, California, Delaware, Florida, Georgia, Maryland, New Jersey, Ohio, South Carolina, Texas, Virginia and West Virginia. In fiscal 2025, Hovnanian generated $2.98 billion in total revenue and delivered 6,430 homes, including activity from domestic unconsolidated joint ventures. Its business is focused on ground-up residential development, land acquisition, home construction, sales and related mortgage/title services for entry-level, move-up, luxury and 55+ buyers. The company is one of the larger national builders but remains concentrated in selected regional housing markets rather than operating in every U.S. state, through a long-standing regional operating structure.

Principals at Hovnanian Enterprises