Kaufman & Broad Tops List for 4th Year in Row

For the fourth year in a row, Kaufman & Broad Home Corp. tops the list of largest Southland home builders, according to The Times’ 26th annual Survey of Residential Building in Southern California.

K&B; built 2,173 single-family homes, 867 apartments and 134 condos in Southern California in 1996, generating $413.7 million in revenue.

A total of 80 companies participated in the voluntary survey of home building in Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura, Santa Barbara and Kern counties.

The survey was administered and the results tabulated by Irene Vasquez.

BUILDING LEADERS

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1996 Company 1996 1997 Rank City, Key Officer Volume Projection Total 1 Kaufman & Broad Home Corp.* $413.7 $419.6 3,174 Los Angeles, Bruce Karatz 2 Pardee Construction Co.* 265.4 372.0 1,253 Los Angeles, David E. Landon 3 Standard Pacific Corp. 262.0 281.1 919 Costa Mesa, Stephen J. Scarborough 4 Centex Homes* 255.5 252.0 1,224 Corona, Larry B. Ludwig 5 Lewis Homes Group of Companies 237.6 275.0 708 Upland, Richard A. Lewis 6 Greystone Homes Inc. 185.3 ** 753 Los Angeles, Jack R. Harter 7 Shea Homes 183.5 265.7 761 Walnut, Roy Humphreys 8 Warmington Homes 170.8 ** 551 Costa Mesa, Timothy P. Hogan 9 Ryland Homes/Brock Homes* 170.0 185.0 909 Woodland Hills, Frank J. Scardina 10 Presley Companies, The 168.5 170.3 1,012 Newport Beach, Wade H. Cable 11 Forecast Group, L.P.* 142.0 163.0 1,028 Rancho Cucamonga, James P. Previti 12 Taylor Woodrow Homes Inc. 137.3 145.5 350 Laguna Hills, Richard Pope 13 Beazer Homes, Southern Calif.* 137.0 105.0 695 Orange, Gerald A. Gates 14 Fieldstone Communities/ Cypress Homes Inc. 130.9 134.9 496 Newport Beach, Keith A. Johnson 15 Van Daele Development Corp. 126.0 130.0 725 Riverside, Michael B. Van Daele 16 Richmond American Homes 125.0 150.0 600 Irvine, Robert T. Shiota 17 Capital Pacific Holdings Inc. 123.3 125.6 387 Newport Beach, Hadi Makarechian/ Dale Dowers 18 William Lyon Homes Inc. 112.0 122.0 559 Newport Beach, William Lyon 19 Del Webb Corp. 106.4 ** 467 Phoenix, Ariz., Philip J. Dion 20 John Laing Homes (California) 86.8 110.5 517 Irvine, Larry Webb 21 New Urban West Inc. 82.7 91.0 178 Santa Monica, Stephen Gunther 22 Barratt American Inc.* 70.1 91.5 410 Carlsbad, Michael Pattinson 23 Pacific Bay Homes 68.0 75.0 669 Irvine, John Markley 24 K. Hovnanian Companies of CA Inc.* 64.6 58.2 352 Newport Beach, Nicholas Pappas 25 Larwin Company 60.2 106.3 270 Encino, Michael I. Keston 26 McMillin Companies 58.2 106.1 338 National City, Mark McMillin 27 Pacific Gateway Homes 55.3 36.0 300 Aliso Viejo, Rita T. Lamkin 28 West Venture Companies 51.3 62.3 317 Burbank, Sandy Sigel 29 Braemar Group, The 50.5 55.0 164 Agoura Hills, L. Maler/S. Dinow 30 Sares-Regis Group 47.9 138.4 563 Irvine, Geoffrey L. Stack 31 Century Crowell Communities 46.5 50.0 287 San Bernardino, John Pavelak/ Harry Crowell 32 Anastasi Development Corp. 43.3 68.3 189 Redondo Beach, Wayne G. Anastasi 33 California Community Builders Inc. 42.9 37.6 182 Santa Monica, Frank H. Countner 34 J.C.C. Homes 42.0 40.0 93 Torrance, Gregory L. Delgado 35 Investec 39.7 55.7 163 Santa Barbara, Kathi Hopkins 36 Pacific Communities Builder Inc. 39.3 49.8 176 Newport Beach, Nelson Chung 37 U.D.C. Homes* 35.0 35.0 197 Corona, Bill Rattizzi 38 Goldrich & Kest Industries 31.5 100.0 336 Culver City, Jona Goldrich 39 RGC 30.8 65.0 186 Newport Beach, E. James Murar 40 EPAC Housing Corp. 30.5 42.0 142 Costa Mesa, Rick Doremus 41 ColRich Communities Inc. 30.0 65.0 110 San Diego, Colin Seid 42 Pacific Century Homes Inc. 28.3 38.9 176 Temecula, Neil D. Gascon/ William W. Lo 43 WoodBridge Development 27.0 16.0 51 Mission Viejo, Todd S. Cunningham 44 Cayman Development Co. 26.4 16.7 54 Irvine, Raymond J. Rutter 45 RWR Development Inc.* 26.0 59.0 38 Van Nuys, Bill Rheinschild 46 R.W. Selby & Co. 24.9 100.0 406 Los Angeles, Steven K. Fowlkes 47 Toll Brothers Inc.* 23.8 82.6 40 Huntingdon Valley, PA, Robert I. Toll/Bruce E. Toll 48 Coleman Homes Inc. 22.1 26.0 139 Bakersfield, Thomas M. Coleman 40 Pacific Heritage Development 21.8 63 49 Irvine, Gary R. Emsiek 50 Showplace Development Inc. 20.3 2.2 184 Los Angeles, Gil Seton Jr. 51 Weston Communities Corp. 19.1 22.9 76 Los Angeles, John A. Ashkar 52 Fiesta Development Inc. 17.5 21.3 136 Fontana, Richard K. Ashby 53 Alpha Construction Inc.* 17.4 16.7 528 Van Nuys, Irvin Laxineta 54 West Pointe Homes Inc. 17.1 24.6 40 Calabasas, James Rasmussen 55 Lennar Homes of CA* 17.0 102.5 65 San Juan Capistrano, Jeff Roos 56 Republic Development Co. 16.8 5.9 93 Anaheim, Jack Hartung 57 Stratham Group, The 15.6 21.0 120 Newport Beach, Ali Razi 58 North American Housing* 15.0 16.0 53 Irvine, Frank Bauman 59 Ellias Construction Co. 14.3 20.0 232 Calabasas, Victor Ellias 60 Reynolds Communities 13.9 37.5 87 El Cajon, Mike Reynolds 61 MWH Development Corp. 13.3 25.7 86 Bel Air, Mark Handel 62 Monarch Communities of CA 12.8 12.8 37 Laguna Niguel, R. Gordon Craig 63 HQT Development 12.2 13.1 42 Irvine, Donovan D. Huennekens 64 Comstock Homes 11.1 28.4 60 Manhattan Beach, Robert W. Comstock 65 Hearthstone Development 10.5 13.0 37 Orange, David Cunningham/ Marc Gerber 66 Baywood Development Group 9.6 12.6 51 Newport Beach, William R. Watt 67 Granite Homes 7.6 14.0 50 Long Beach, Daniel Kassel/ B. J. Delzer 67 Jeffrey Homes Inc. 7.6 16.5 49 Dana Point, Doyle J. Barker 68 Rose Street Co. 6.4 12.0 43 Pasadena, David M. Rose 69 Alexander/Catania Dev. Inc. 5.8 13.0 38 Orange, Guy C. Alexander/ Phil Catania 70 Calprop Corp. 5.6 ** 24 Marina del Rey, Victor Zaccaglin 71 Stephen Love Construction, Inc. 4.5 6.0 1 Los Angeles, Stephen Love 72 Lucas & Mercier Dev., Inc. 4.4 18.2 17 Rancho Santa Margarita, Robert H. Thorne 73 AMCAL Homes 4.1 20.1 18 Westlake, Percival Vaz 74 Eric Friedman Dev. 3.8 ** 12 El Monte, Eric Friedman 74 Wilson Homes 3.8 5.4 3 Laguna Niguel, John F. Wilson III 75 New View Development, Inc.* 3.0 3.9 3 Santa Monica, Richard E. Vamos 76 CenterStone Company, The 2.5 30.7 20 Santa Ana, Ernie Castro/ Kirk Evans/Hal Woods 77 Richard Thomas Homes 0.85 3.6 1 Laguna Niguel, Thomas M. Archbold 78 Brookside Properties Inc. 0.32 6.1 1 El Monte, Eric Friedman

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* Firm reporting on fiscal-year basis.

** Not reported.

BUILDING LEADERS (contd.)

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Units constructed in 1996 1996 Company Single Rank City, Key Officer Family Apts. Condos 1 Kaufman & Broad Home Corp.* 2,173 867 134 Los Angeles, Bruce Karatz 2 Pardee Construction Co.* 775 192 286 Los Angeles, David E. Landon 3 Standard Pacific Corp. 801 0 118 Costa Mesa, Stephen J. Scarborough 4 Centex Homes* 1,163 0 61 Corona, Larry B. Ludwig 5 Lewis Homes Group of Companies 660 0 48 Upland, Richard A. Lewis 6 Greystone Homes Inc. 721 0 32 Los Angeles, Jack R. Harter 7 Shea Homes 689 0 72 Walnut, Roy Humphreys 8 Warmington Homes 480 0 71 Costa Mesa, Timothy P. Hogan 9 Ryland Homes/Brock Homes* 809 0 100 Woodland Hills, Frank J. Scardina 10 Presley Companies, The 727 0 285 Newport Beach, Wade H. Cable 11 Forecast Group, L.P.* 1,006 0 0 Rancho Cucamonga, James P. Previti 12 Taylor Woodrow Homes Inc. 296 0 54 Laguna Hills, Richard Pope 13 Beazer Homes, Southern Calif.* 543 0 152 Orange, Gerald A. Gates 14 Fieldstone Communities/ Cypress Homes Inc. 496 0 0 Newport Beach, Keith A. Johnson 15 Van Daele Development Corp. 725 0 0 Riverside, Michael B. Van Daele 16 Richmond American Homes 600 0 0 Irvine, Robert T. Shiota 17 Capital Pacific Holdings Inc. 317 0 70 Newport Beach, Hadi Makarechian/ Dale Dowers 18 William Lyon Homes Inc. 559 0 0 Newport Beach, William Lyon 19 Del Webb Corp. 467 0 0 Phoenix, Ariz., Philip J. Dion 20 John Laing Homes (California) 252 0 265 Irvine, Larry Webb 21 New Urban West Inc. 125 0 53 Santa Monica, Stephen Gunther 22 Barratt American Inc.* 289 0 121 Carlsbad, Michael Pattinson 23 Pacific Bay Homes 510 0 159 Irvine, John Markley 24 K. Hovnanian Companies of CA Inc.* 274 0 78 Newport Beach, Nicholas Pappas 25 Larwin Company 270 0 0 Encino, Michael I. Keston 26 McMillin Companies 338 0 0 National City, Mark McMillin 27 Pacific Gateway Homes 300 0 0 Aliso Viejo, Rita T. Lamkin 28 West Venture Companies 317 0 0 Burbank, Sandy Sigel 29 Braemar Group, The 164 0 0 Agoura Hills, L. Maler/S. Dinow 30 Sares-Regis Group 0 563 0 Irvine, Geoffrey L. Stack 31 Century Crowell Communities 287 0 0 San Bernardino, John Pavelak/ Harry Crowell 32 Anastasi Development Corp. 70 0 119 Redondo Beach, Wayne G. Anastasi 33 California Community Builders Inc. 110 0 72 Santa Monica, Frank H. Countner 34 J.C.C. Homes 44 0 49 Torrance, Gregory L. Delgado 35 Investec 61 0 102 Santa Barbara, Kathi Hopkins 36 Pacific Communities Builder Inc. 121 0 55 Newport Beach, Nelson Chung 37 U.D.C. Homes* 197 0 0 Corona, Bill Rattizzi 38 Goldrich & Kest Industries 8 217 111 Culver City, Jona Goldrich 39 RGC 84 0 102 Newport Beach, E. James Murar 40 EPAC Housing Corp. 87 0 55 Costa Mesa, Rick Doremus 41 ColRich Communities Inc. 110 0 0 San Diego, Colin Seid 42 Pacific Century Homes Inc. 92 0 84 Temecula, Neil D. Gascon/ William W. Lo 43 WoodBridge Development 51 0 0 Mission Viejo, Todd S. Cunningham 44 Cayman Development Co. 24 0 30 Irvine, Raymond J. Rutter 45 RWR Development Inc.* 38 0 0 Van Nuys, Bill Rheinschild 46 R.W. Selby & Co. 0 406 0 Los Angeles, Steven K. Fowlkes 47 Toll Brothers Inc.* 40 0 0 Huntingdon Valley, PA, Robert I. Toll/Bruce E. Toll 48 Coleman Homes Inc. 139 0 0 Bakersfield, Thomas M. Coleman 40 Pacific Heritage Development 31 0 18 Irvine, Gary R. Emsiek 50 Showplace Development Inc. 0 184 0 Los Angeles, Gil Seton Jr. 51 Weston Communities Corp. 76 0 0 Los Angeles, John A. Ashkar 52 Fiesta Development Inc. 136 0 0 Fontana, Richard K. Ashby 53 Alpha Construction Inc.* 0 222 306 Van Nuys, Irvin Laxineta 54 West Pointe Homes Inc. 40 0 0 Calabasas, James Rasmussen 55 Lennar Homes of CA* 65 0 0 San Juan Capistrano, Jeff Roos 56 Republic Development Co. 93 0 0 Anaheim, Jack Hartung 57 Stratham Group, The 120 0 0 Newport Beach, Ali Razi 58 North American Housing* 53 0 0 Irvine, Frank Bauman 59 Ellias Construction Co. 0 232 0 Calabasas, Victor Ellias 60 Reynolds Communities 12 0 75 El Cajon, Mike Reynolds 61 MWH Development Corp. 50 0 36 Bel Air, Mark Handel 62 Monarch Communities of CA 37 0 0 Laguna Niguel, R. Gordon Craig 63 HQT Development 42 0 0 Irvine, Donovan D. Huennekens 64 Comstock Homes 60 0 0 Manhattan Beach, Robert W. Comstock 65 Hearthstone Development 37 0 0 Orange, David Cunningham/ Marc Gerber 66 Baywood Development Group 51 0 0 Newport Beach, William R. Watt 67 Granite Homes 50 0 0 Long Beach, Daniel Kassel/ B. J. Delzer 67 Jeffrey Homes Inc. 49 0 0 Dana Point, Doyle J. Barker 68 Rose Street Co. 43 0 0 Pasadena, David M. Rose 69 Alexander/Catania Dev. Inc. 38 0 0 Orange, Guy C. Alexander/ Phil Catania 70 Calprop Corp. 24 0 0 Marina del Rey, Victor Zaccaglin 71 Stephen Love Construction, Inc. 1 0 0 Los Angeles, Stephen Love 72 Lucas & Mercier Dev., Inc. 17 0 0 Rancho Santa Margarita, Robert H. Thorne 73 AMCAL Homes 18 0 0 Westlake, Percival Vaz 74 Eric Friedman Dev. 12 0 0 El Monte, Eric Friedman 74 Wilson Homes 3 0 0 Laguna Niguel, John F. Wilson III 75 New View Development, Inc.* 3 0 0 Santa Monica, Richard E. Vamos 76 CenterStone Company, The 20 0 0 Santa Ana, Ernie Castro/ Kirk Evans/Hal Woods 77 Richard Thomas Homes 1 0 0 Laguna Niguel, Thomas M. Archbold 78 Brookside Properties Inc. 1 0 0 El Monte, Eric Friedman

1996 Year-End Rank Inventory 1 142 2 65 3 134 4 64 5 49 6 135 7 46 8 26 9 ** 10 79 11 38 12 11 13 47 14 11 15 19 16 50 17 53 18 27 19 0 20 69 21 15 22 20 23 138 24 90 25 29 26 33 27 6 28 39 29 19 30 0 31 68 32 25 33 7 34 12 35 4 36 10 37 7 38 ** 39 45 40 16 41 8 42 0 43 2 44 0 45 2 46 ** 47 6 48 10 40 1 50 ** 51 15 52 8 53 0 54 3 55 4 56 15 57 0 58 7 59 0 60 7 61 49 62 2 63 5 64 4 65 5 66 0 67 0 67 7 68 4 69 5 70 3 71 0 72 0 73 0 74 0 74 0 75 0 76 1 77 2 78 **

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* Firm reporting on fiscal-year basis.

** Not reported.