GREEN BRICK PARTNERS INC
GRBK
Industrials
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Green Brick Partners is a homebuilding and land development company whose business model involves converting raw land into residential subdivisions. This activity inherently alters local ecosystems and community character, but the company’s specific operations have drawn formal complaints for causing documented, localized harm. In 2023, residents in a Dallas-Fort Worth area community filed a lawsuit against Green Brick and its joint venture partners. The plaintiffs alleged that construction runoff from the company’s development site caused repeated flooding of adjacent properties, resulting in significant property damage. The lawsuit further accused the company of ignoring prior notices and failing to implement adequate erosion and sediment controls, demonstrating a pattern of disregard for neighboring homeowners.
The case, filed in Tarrant County, Texas, detailed how stormwater from the Green Brick site inundated nearby homes, with one plaintiff reporting floodwaters entering their garage and living space. This represents a direct, identifiable harm to a specific community, where the company’s operational practices led to property destruction and distress for local residents. While land development always carries environmental impact, this pattern of localized flooding and alleged negligence in mitigation measures fits the criteria of community harm, distinct from broader ecological damage.
Research Sources
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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