Home Builder Chalks Up 3rd Year in a Row
Chalk up a three-peat for a Westwood powerhouse.
Nope, not UCLA, at least not yet. This winner is Kaufman & Broad Home Corp.
For the record:
12:00 a.m. March 17, 1996 For the Record
Los Angeles Times Sunday March 17, 1996 Home Edition Real Estate Part K Page 4 Real Estate Desk 2 inches; 61 words Type of Material: Correction
Builder survey--Greystone Homes Inc. of Los Angeles erroneously reported sales for its entire California operation, instead of Southern California, in The Times’ 1995 survey of residential building, published March 11 in Real Estate. The company built 672 single-family homes in the Southland, with 80 left unsold at year end, for a sales volume of $162.3 million. Using the correct results, the company ranked No. 8, rather than No. 2.
The Southland’s biggest home builder for the last two years has retained its No. 1 ranking in 1995 in The Times’ 25th annual survey of residential building in Southern California.
K&B; built 2,722 single-family homes and apartments last year, more than twice as many as its closest competitor, and generated $432 million in revenue.
A total of 83 companies participated in the voluntary survey of home building in Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura, Santa Barbara and Kern counties.
For complete survey results, see K7.
(BEGIN TEXT OF INFOBOX / INFOGRAPHIC)
‘95 Biggest Home Builders
Rank: 1
Company City, Key Officer: Kaufman & Broad Home Corp*; Los Angeles, Bruce Karatz
1995 Volume in Millions: $432.0
Total units: 2,722
1994 Rank: 1
*
Rank: 2
Company City, Key Officer: Greystone Homes Inc.; Los Angeles, Jack R. Harter
1995 Volume in Millions: 293.9
Total units: 1,318
1994 Rank: 8
*
Rank: 3
Company City, Key Officer: Standard Pacific Corp.; Costa Mesa, Ronald R. Foell
1995 Volume in Millions: 266.0
Total units: 886
1994 Rank: 3
*
Rank: 4
Company City, Key Officer: Pardee Construction Co.; Los Angeles, David E. Landon
1995 Volume in Millions: 231.2
Total units: 1,097
1994 Rank: 2
*
Rank: 5
Company City, Key Officer: Lewis Homes Group of Cos.; Upland, Richard A. Lewis
1995 Volume in Millions: 210.5
Total units: 789
1994 Rank: 5
*
Rank: 6
Company City, Key Officer: Centex Real Estate Corp.*; Corona, Larry B. Ludwig
1995 Volume in Millions: 190.9
Total units: 981
1994 Rank: 9
*
Rank: 7
Company City, Key Officer: Ryland Homes / Brock Homes; Woodland Hills, Frank J Scardina, Curt Ensign
1995 Volume in Millions: 180.5
Total units: 895
1994 Rank: 4
*
Rank: 8
Company City, Key Officer: Shea Homes; Walnut, Roy Humphreys
1995 Volume in Millions: 160.5
Total units: 620
1994 Rank: 13
*
Rank: 9
Company City, Key Officer: Fieldstone Communities Inc.; Newport Beach, Keith A. Johnson
1995 Volume in Millions: 147.3
Total units: 588
1994 Rank: 7
*
Rank: 10
Company City, Key Officer: Presley Companies, The; Newport Beach, Wade H. Cable
1995 Volume in Millions: 147.1
Total units: 1,010
1994 Rank: 10
* Reported fiscal year
