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25th Survey of Residential Builders

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BUILDING LEADERS

1995 Company

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 1 inches; 31 words Type of Material: Correction
The Forecast Group of Rancho Cucamonga was inadvertently omitted from the survey. Forecast reported sales of 940 single-family homes and 65 apartments for a sales volume of $130.6 million, ranking it No. 13 in the survey.
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.

Sales in millions

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Rank 1995 Company 1995 1996 City, Key Officer Volume Projection 1 Kaufman & Broad Corp.* 432 ** Los Angeles, Bruce Karatz 2 Greystone Homes Inc. 293.9 ** Los Angeles, Jack R. Harter 3 Standard Pacific Corp. 266 ** Costa Mesa, Ronald R. Foell 4 Pardee Construction Co. 231 297.5 Los Angeles, David E. Landon 5 Lewis Homes Group of Companies 210.5 210 Upland, Richard A. Lewis 6 Centex Real Estate Corp.* 191 212.9 Corona, Larry B. Ludwig 7 Ryland Homes/Brock Homes 180.5 206 Woodland Hills, Frank J. Scardina/Curt Ensign 8 Shea Homes 160.5 212.6 Walnut, Roy Humphreys 9 Fieldstone Communities Inc. 147.3 128 Newport Beach, Keith A. Johnson 10 Presley Companies, The 147.1 156 Newport Beach, Wade H. Cable 11 Warmington Homes 145 155 Costa Mesa, Timothy P. Hogan/James P Warmington 12 Beazer Homes* 142 144 Orange, Darrell F. Hoover 13 Capital Pacific Holdings Inc.* 98 138 Newport Beach, Hadi Makarechian/Dale Dowers 14 William Lyon Homes Inc. 97 128 Newport Beach, William Lyon 15 Regis Contractors 84.6 121 Irvine, John Townsend/Chuck Colton 16 Richmond American Homes of Calif. Inc. 82 110 Irvine, Robert T. Shiota 17 Barratt American Inc.* 81.4 92.4 Carlsbad, Michael D. Pattinson 18 New Urban West Inc. 81 84 Santa Monica, Stephen Gunther 19 UDC Homes Inc.* 80 87 Corona, Tim McGinnis 20 Taylor Woodrow Homes CA Ltd. 77 116.7 Laguna Hills, Richard Pope 21 Inco Homes Corp. 71 ** Upland, Ira C. Norris 22 John Laing Homes (California) 67.5 78 Irvine, Larry Webb 23 McMillin Companies 57.8 67.5 National City, Corky McMillin 24 West Venture Companies 55.8 71 Burbank, Sanford D. Sigal 25 TriMark Development Co. 55.6 54 Woodland Hills, Clinton R. Stevenson Jr. 26 JM Development Co. Inc., The 53 60 Irvine, John G. Markley 27 California Community Builders Inc. 45.4 50 Santa Monica, Frank H. Countner 28 Larwin Company 44.7 71 Encino, Michael I. Keston 29 R G C 40.6 50 Newport Beach, E. James Murar 30 EPAC Housing 38.6 40 Costa Mesa, Rick Doremus 31 J C C Homes 37 45 Torrance, Gregory L. Delgado 32 Bramalea California Inc.* 33 54 San Juan Capistrano, Jeff Roos 33 Coleman Homes Inc.* 29 35 Bakersfield, Thomas M. Coleman 34 Pacific Gateway Homes, L.P. 28.7 80 Aliso Viejo, Horace Hogan II 35 K. Hovnanian Companies of CA Inc.* 27.7 63 Newport Beach, Nicholas Pappas 36 Osborne Development Corp.*** 25 37.7 Laguna Hills, Robert E. Osborne 37 Patriot Homes* 22 61 Sherman Oaks, David Schwartzman 38 Premier Homes 21.6 28 Corona, Pierre LePendeven 39 Cal-Coast Homes 18 15 Rolling Hills Estates, Edward J. Miller 40 Paragon Homes Inc. 18 27 Santa Monica, Irwin E. Garfield 41 Haseko Townhomes, Inc. 17.8 15 Los Angeles, Takeshi Higashio 42 Toll Brothers Inc.* 17.54 29 Huntingdon Valley, PA, Robert I. Toll 43 Showplace Development Inc. 17.5 19 Los Angeles, Gil Seton Jr. 44 AMCAL Homes 17 3.5 Westlake, Percival Vaz 45 Cayman Development Co. 16.8 35.6 Irvine, Raymond J. Rutter 46 Pacific Communities Builder 16 45 Irvine, Nelson Chung 47 Dunn Development 15.7 ** Fontana, Mitchell Dunn 48 Stratham Group, The 14 20.8 Newport Beach, Ali Razi 49 Alpha Construction Co. Inc.* 13 19 Van Nuys, Irvin Laxineta 50 R W R Development Inc. 12.8 32 Van Nuys, Bill Rheinschild 51 Meeker Land & Development 13 65 Camarillo, William V. Meeker 52 Woodbridge Development 12.5 30 Mission Viejo, Todd S. Cunningham 53 Pacific Century Homes Inc. 12 13 Hemet, Neil D. Gascon/William W. Lo 54 CenterStone Company, The* 11.9 32.6 Santa Ana, Kirk S. Evans 55 Investec Real Estate Companies 10 45.5 Santa Barbara, Kenneth P. Slaught 56 Alexander/Catania Dev. Inc. 9 14 Orange, Guy C. Alexander Jr./Philip R. Catania 57 M W H Development Corp. 7.7 24.6 Bel Air, Mark Handel 58 Rose Street Co. 6.9 12.8 Pasadena, David M. Rose 59 Republic Development 6.8 14 Anaheim, John R. Hartung 60 Lucas & Mercier Dev. Inc. 6.7 15 Rancho Santa Margarita, Robert H. Thorne 61 Monarch Communities of CA 6.5 12.8 Laguna Niguel, R. Gordon Craig 62 Rancho Vista Development Co. 6.4 2 Palmdale, R. Gregg Anderson 63 Tapo Inc./West Pointe Homes 6.22 24 Calabasas, James Rasmussen 64 Lindom Properties 6.20 ** South Pasadena, Y. Y. Lin 65 Reynolds Development Co. 5.72 18 El Cajon, Michael W. Reynolds 66 Selby/Fowlkes Partners 5.7 10 Los Angeles, Richard W. Selby/Steven K. Fowlkes 67 Weiss Engineering & Dev. Co. Inc. 5.65 15 Encino, Bernard S. Weiss 68 Eric Friedman Development 5.27 7 El Monte, Eric Friedman 69 Pacifica Development Inc. 5 6 Costa Mesa, Jeffrey K. Francis 70 Sandpiper Homes Ltd.* 4.9 5.6 Palm Dessert, Thomas F. Schmidt 71 Calprop Corp. 4.5 ** Los Angeles, Victor Zaccaglin/Ronald S. Petch 72 Fiesta Homes Inc. 4.3 12 Fontana, Richard Ashby 73 D. L. Griffin Co.* 4.2 4.8 Calabasas, David Griffin 74 HQT Development, LLC 4.1 17.6 Irvine, Donovan D. Huennekens 75 Hearthstone Development Corp. 3.4 14 Orange, Marc Gerber/David Cunningham 76 Jeffrey Homes Inc. 1.3 8.7 Dana Point, Doyle J. Barker 77 New View Development Inc.* 2 2.99 Santa Monica, Richard E. Vamos 78 Collett Construction Co. 1.6 0.3 Glendora, Paul Collett 79 Aegis Inc. 1.6 5 Pasadena, L. R. Schield Jr. 80 Grover Brown & Sons 1.3 2.4 Laguna Hills, Grover C. Brown Jr. 81 Richard Thomas Homes 1 6.3 Laguna Niguel, Thomas Archbold 82 Surfside Development .94 0 Hermosa Beach, Kenneth McKenzie

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* Firm reporting on fiscal-year basis

** Not reported

*** Reporting fiscal year, projected figure for single-family units

**** Inventory figures based on units built in previous years

*

1995 Company

Units constructed in 1995

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Single Rank Company Total family Apts. 1 Kaufman & Broad Corp.* 2,722 2,426 296 2 Greystone Homes Inc. 1,318 1,318 0 3 Standard Pacific Corp. 886 787 0 4 Pardee Construction Co. 1097 710 0 5 Lewis Homes Group of Companies 789 709 0 6 Centex Real Estate Corp.* 981 917 0 7 Ryland Homes/Brock Homes 895 856 0 8 Shea Homes 620 494 0 9 Fieldstone Communities Inc. 588 568 0 10 Presley Companies, The 1010 654 0 11 Warmington Homes 449 404 0 12 Beazer Homes* 730 642 0 13 Capital Pacific Holdings Inc.* 370 301 0 14 William Lyon Homes Inc. 485 485 0 15 Regis Contractors 1669 0 1572 16 Richmond American Homes of Calif. Inc. 432 432 0 17 Barratt American Inc.* 417 274 0 18 New Urban West Inc. 185 152 0 19 UDC Homes Inc.* 337 311 0 20 Taylor Woodrow Homes CA Ltd. 476 138 238 21 Inco Homes Corp. 595 595 0 22 John Laing Homes (California) 433 155 0 23 McMillin Companies 242 242 0 24 West Venture Companies 310 310 0 25 TriMark Development Co. 340 283 0 26 JM Development Co. Inc., The 407 372 0 27 California Community Builders Inc. 167 100 0 28 Larwin Company 242 242 0 29 R G C 197 197 0 30 EPAC Housing 156 71 0 31 J C C Homes 83 40 0 32 Bramalea California Inc.* 167 167 0 33 Coleman Homes Inc.* 158 158 0 34 Pacific Gateway Homes, L.P. 151 151 0 35 K. Hovnanian Companies of CA Inc.* 218 174 0 36 Osborne Development Corp.*** 179 179 0 37 Patriot Homes* 136 110 0 38 Premier Homes 124 124 0 39 Cal-Coast Homes 90 48 0 40 Paragon Homes Inc. 116 116 0 41 Haseko Townhomes, Inc. 71 71 0 42 Toll Brothers Inc.* 34 34 0 43 Showplace Development Inc. 111 0 111 44 AMCAL Homes 80 40 0 45 Cayman Development Co. 35 22 0 46 Pacific Communities Builder 95 15 0 47 Dunn Development 125 63 56 48 Stratham Group, The 110 110 0 49 Alpha Construction Co. Inc.* 157 5 152 50 R W R Development Inc. 28 28 0 51 Meeker Land & Development 57 57 0 52 Woodbridge Development 30 30 0 53 Pacific Century Homes Inc. 119 15 0 54 CenterStone Company, The* 46 46 0 55 Investec Real Estate Companies 76 25 0 56 Alexander/Catania Dev. Inc. 50 50 0 57 M W H Development Corp. 56 18 0 58 Rose Street Co. 41 41 0 59 Republic Development 43 43 0 60 Lucas & Mercier Dev. Inc. 31 31 0 61 Monarch Communities of CA 44 44 0 62 Rancho Vista Development Co. 40 40 0 63 Tapo Inc./West Pointe Homes 26 26 0 64 Lindom Properties 40 0 0 65 Reynolds Development Co. 54 0 0 66 Selby/Fowlkes Partners 22 0 0 67 Weiss Engineering & Dev. Co. Inc. 99 1 98 68 Eric Friedman Development 16 13 0 69 Pacifica Development Inc. 31 31 0 70 Sandpiper Homes Ltd.* 8 8 0 71 Calprop Corp. 10 10 0 72 Fiesta Homes Inc. 30 30 0 73 D. L. Griffin Co.* 22 22 0 74 HQT Development, LLC 25 25 0 75 Hearthstone Development Corp. 14 14 0 76 Jeffrey Homes Inc. 1 1 0 77 New View Development Inc.* 3 3 0 78 Collett Construction Co. 10 0 0 79 Aegis Inc. 12 12 0 80 Grover Brown & Sons 15 15 0 81 Richard Thomas Homes 8 8 0 82 Surfside Development **** 0 0

Rank Condos 1 0 2 0 3 99 4 387 5 80 6 64 7 39 8 126 9 20 10 356 11 45 12 88 13 69 14 0 15 97 16 0 17 143 18 33 19 26 20 100 21 0 22 278 23 0 24 0 25 57 26 35 27 67 28 0 29 0 30 85 31 43 32 0 33 0 34 0 35 44 36 0 37 26 38 0 39 42 40 0 41 0 42 0 43 0 44 40 45 13 46 80 47 6 48 0 49 0 50 0 51 0 52 0 53 104 54 0 55 51 56 0 57 38 58 0 59 0 60 0 61 0 62 0 63 0 64 40 65 54 66 22 67 0 68 3 69 0 70 0 71 0 72 0 73 0 74 0 75 0 76 0 77 0 78 10 79 0 80 0 81 0 82 ****

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* Firm reporting on fiscal-year basis

** Not reported

*** Reporting fiscal year, projected figure for single-family units

**** Inventory figures based on units built in previous years

*

1995 Company

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Rank Company Year-End Inventory 1 Kaufman & Broad Corp.* ** 2 Greystone Homes Inc. 101 3 Standard Pacific Corp. ** 4 Pardee Construction Co. 135 5 Lewis Homes Group of Companies 69 6 Centex Real Estate Corp.* 48 7 Ryland Homes/Brock Homes 212 8 Shea Homes 80 9 Fieldstone Communities Inc. 11 10 Presley Companies, The 65 11 Warmington Homes 47 12 Beazer Homes* 127 13 Capital Pacific Holdings Inc.* 53 14 William Lyon Homes Inc. 12 15 Regis Contractors 0 16 Richmond American Homes of Calif. Inc. 10 17 Barratt American Inc.* 37 18 New Urban West Inc. 29 19 UDC Homes Inc.* 60 20 Taylor Woodrow Homes CA Ltd. 47 21 Inco Homes Corp. 9 22 John Laing Homes (California) 81 23 McMillin Companies 44 24 West Venture Companies 25 25 TriMark Development Co. 47 26 JM Development Co. Inc., The 36 27 California Community Builders Inc. 12 28 Larwin Company 44 29 R G C 36 30 EPAC Housing 30 31 J C C Homes 7 32 Bramalea California Inc.* 2 33 Coleman Homes Inc.* 10 34 Pacific Gateway Homes, L.P. 15 35 K. Hovnanian Companies of CA Inc.* 15 36 Osborne Development Corp.*** 19 37 Patriot Homes* 8 38 Premier Homes 3 39 Cal-Coast Homes 8 40 Paragon Homes Inc. 17 41 Haseko Townhomes, Inc. 0 42 Toll Brothers Inc.* 3 43 Showplace Development Inc. ** 44 AMCAL Homes 17 45 Cayman Development Co. 3 46 Pacific Communities Builder 20 47 Dunn Development 19 48 Stratham Group, The 4 49 Alpha Construction Co. Inc.* 0 50 R W R Development Inc. 4 51 Meeker Land & Development 9 52 Woodbridge Development 5 53 Pacific Century Homes Inc. 0 54 CenterStone Company, The* 0 55 Investec Real Estate Companies 25 56 Alexander/Catania Dev. Inc. 0 57 M W H Development Corp. 30 58 Rose Street Co. 0 59 Republic Development 11 60 Lucas & Mercier Dev. Inc. 0 61 Monarch Communities of CA 17 62 Rancho Vista Development Co. 9 63 Tapo Inc./West Pointe Homes 14 64 Lindom Properties 1 65 Reynolds Development Co. 7 66 Selby/Fowlkes Partners 0 67 Weiss Engineering & Dev. Co. Inc. ** 68 Eric Friedman Development 0 69 Pacifica Development Inc. 3 70 Sandpiper Homes Ltd.* 0 71 Calprop Corp. 0 72 Fiesta Homes Inc. 6 73 D. L. Griffin Co.* 0 74 HQT Development, LLC 15 75 Hearthstone Development Corp. 0 76 Jeffrey Homes Inc. 0 77 New View Development Inc.* 0 78 Collett Construction Co. 0 79 Aegis Inc. 1 80 Grover Brown & Sons 9 81 Richard Thomas Homes 0 82 Surfside Development 60

*--*

* Firm reporting on fiscal-year basis

** Not reported

*** Reporting fiscal year, projected figure for single-family units

**** Inventory figures based on units built in previous years

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