Forestar Group aims to make five-star investments in real estate, mineral resources, and wood fiber resources. Through ventures or directly, the company owns over 110,000 acres of mostly undeveloped real estate, mostly in high-growth markets across about 10 (mostly southern) US states. While it sometimes develops land for multifamily commercial properties, Forestar primarily sells lots to home builders and developers for mid-priced single-family homes and mixed-use properties. Beyond real estate, Forestar also owns or leases nearly one million net acres of oil & gas mineral interests, 1.5 million acres of groundwater interests, and 100,000 acres of timberland.