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K&B; Reclaims No. 1 Home-Building Title

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It’s baaaaaack! Bumped out of the lead in 1998, Kaufman & Broad Home Corp. is back in the No. 1 spot on The Times’ 1999 survey of residential building in Southern California.

K&B;, which completed its purchase of Lewis Homes last year and is now the nation’s largest builder, reported sales volume of $890 million on sales of 3,618 single-family homes in the Southland.

For the record:

12:00 a.m. April 9, 2000 For the Record
Los Angeles Times Sunday April 9, 2000 Home Edition Real Estate Part K Page 2 Real Estate Desk 1 inches; 31 words Type of Material: Correction
Building survey--In The Times’ 29th annual Survey of Residential Building in Southern California published March 26, the ranking for Richmond American Homes of CA Inc. was eighth and Western Pacific Housing ranked ninth.

Lennar/Greystone, which topped the ’98 survey, ranks No. 2 in the ’99 survey, with revenue of $754 million on sales of 2,113 homes and condos.

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Building Leaders

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Year-End Inventory Sales in millions Units constructed in 1999 1999 Company 1999 2000 Single Rank City, Key Officer Vol. Projection Total Family Condos Apts 1 Kaufman and Broad Home $890 $984 3,618 3,618 0 0 ** Corp.* Los Angeles, Bruce Karatz 2 Lennar/Greystone* 754 794 2,113 2,084 29 0 90 Mission Viejo, Jon Jaffe 3 Standard Pacific Corp. 565.3 648.5 1,191 1,191 0 0 49 Costa Mesa, Stephen J. Scarborough 4 Shea Homes 544.6 776.1 1,785 1,785 0 0 ** Walnut, Roy Humphreys 5 Centex Homes 493.8 754.2 1,665 1,665 0 0 ** Concord, Tim Eller 6 Pardee Construction Co.* 415.6 429.6 1,147 1,147 0 0 24 Los Angeles, David E. Landon 7 William Lyon Homes 369.8 396 1,441 1,273 168 0 49 Newport Beach, William Lyon/Wade H. Cable 8 Western Pacific Housing* 325.1 408 988 707 281 0 25 El Segundo, Craig Manchester 9 Richmond American Homes of 340 368 1,122 1,122 0 0 0 CA, Inc.* Irvine, Robert T. Shiota 10 W L Homes LLC 271 346 1,058 1,012 46 0 13 Irvine, Larry Webb 11 Pacific Bay Home 263 299 780 660 0 120 24 Newport Beach, John Markley 12 Warmington Homes CA 253 291 766 582 184 0 18 Costa Mesa, Timothy P. Hogan 13 Sares-Regis Group 232 262 913 129 154 630 45 Irvine, Geoffrey L. Stack 14 Corky McMillin Cos., The 204 150 677 677 0 0 0 National City, Corky McMillin 15 Taylor Woodrow Homes Inc. 190 290 253 253 0 0 0 Laguna Hills, Richard Pope 16 Beazer Homes Southern CA* 177 227 594 499 95 0 27 Orange, Gerald A. Gates 17 Ryland Homes 137.4 08.5 506 506 0 0 ** Woodland Hills, Mike Forsum/Mark Beisswanger 18 California Pacific Homes 136.2 149.4 282 282 0 0 12 Irvine, Cary Bren 19 New Urben West Inc. 133 137 271 271 0 0 7 Santa Monica, Stephen Gunther 20 Fieldstone Communities Inc. 132.8 163 467 467 0 0 4 Newport Beach, Keith A. Johnson/Frank S. Foster 21 Forecast Group, The* 127.5 149.1 711 711 0 0 31 Rancho Cucamonga, James P. Previti 22 Del Webb California Corp.* 117.5 135.1 482 482 0 0 45 Palm Desert, Helen McEnerney 23 Van Daele Development Corp. 114.5 161.3 857 400 10 447 8 Riverside, Michael B. Van Daele 24 K. Hovnanian Cos. of CA* 110.1 165.4 524 445 90 0 100 Irvine, Nicolas Pappas 25 Capital Pacific Homes 104 287 126 119 7 0 ** Newport Beach, Hadi Makarechian 26 Barratt American Inc.* 91.7 140 206 206 0 0 ** Carlsbad, Michael D. Pattinson 27 Century Crowell Communities 80.5 90 365 365 0 0 26 San Bernardino, John Pavelak/Harry Crowell 28 RWR Cos. 72 122 121 121 0 0 15 Van Nuys, Bill Rheinschild 29 Pacific Century Homes 71.5 160.2 375 375 0 0 36 Temecula, Bill Lo/Neil Gascon 30 Christopher Homes 71 195 140 140 0 0 2 Newport Beach, Christopher C. Gibbs 31 Trimark Pacific Homes 62.1 88.9 188 188 0 0 ** Westlake Village, Clinton R. 32 Olson Co., The 56.9 141.6 248 126 122 0 0 Seal Beach, Mark Buckland 33 JCC Homes 55 75 125 35 90 0 2 Torrance, Gregory L. Delgado 34 Pacific Heritage Development 53.8 45 63 63 0 0 7 Irvine, Gary R. Emsiek 35 EPAC Estates Inc. 53.4 119.3 186 20 166 0 3 Costa Mesa, Rick Doremus 36 Larwin Co. 53.2 64.3 78 78 0 0 0 Encino, Michael I. Keston 37 Stratham Homes 50 52 250 250 0 0 0 Irvine, Ali Razi 38 RGC 49.8 60 147 147 0 0 0 Newport Beach, E. James Murar 39 Paragon Homes Inc. 48.8 64.2 286 166 120 0 23 Santa Monica, Irwin E. Garfield 40 Premier Group Inc. 47 100 116 116 0 0 8 Corona, Pierre Le Pendeven 41 Pacific Communities Builder 46.6 46.6 192 192 0 0 0 Newport Beach, Nelson Chung 42 Ellias Construction Co. Inc. 45.2 27 510 0 0 510 0 Calabasas, Victor Ellias 43 Sheffield Homes 43.7 75 148 148 0 0 20 Riverside, Ed Hupp/John Abel 44 Monarch Communities of CA 42.5 88 110 110 0 0 18 Laguna Niguel, R. Gordon Craig 45 Braemar Group, The 37 61 124 124 0 0 6 Agoura Hills, Lew Maler/Sid Dinow 46 Lucas & Mercier Dev. Inc. 36.4 78.4 136 136 0 0 15 Vista, Robert H. Thorne 47 MBK Homes Ltd. 36 73 135 135 0 0 ** Irvine, Stefan Markowitz 48 Calprop Corp. 34 ** 136 136 0 0 0 Marina del Rey, Victor Zaccaglin/Ronald S. Petch 49 Cal-Coast Homes 33.8 35.6 23 23 0 0 0 Rolling Hills Estates, Edward J. Miller 50 Dunn Development Inc.* 32.8 46.9 259 127 24 108 11 Ontario, Mitchell Dunn 51 Woodbridge Development 30.1 86.1 40 40 0 0 1 Mission Viejo, Todd Cunningham/Michael Kerr 52 Young Homes 30 39 202 202 0 0 10 Rancho Cucamonga, John R. Young 53 Meeker Cos. Inc. 27.8 37.7 78 78 0 0 7 Irvine, George R. Meeker Jr. 54 Steven Walker Homes 24.9 51 72 72 0 0 7 Riverside, Steve Berzansky/David Peery 55 Alexander/Catania Dev. Inc. 24.2 46.7 101 59 42 0 18 Santa Ana Heights, Guy C. Alexander Jr. 56 Granite Homes Inc. 21 42 142 142 0 0 15 Irvine, Daniel Kassel/B. J. Delzer 57 James Ratkovich & Associates Inc. 20.1 17 59 0 59 0 41 Pasadena, James Ratkovich 58 Spiegel Development 19.2 26.8 131 79 52 0 13 Sherman Oaks, David Spiegel 59 Archwest Development 19.1 24.8 10 10 0 0 3 Santa Monica, John Kilbane 60 Investec 18.1 51.3 55 55 0 0 2 Santa Barbara, Ken Slaught 61 Jeffrey Homes Inc.* 17.5 22.6 65 65 0 0 4 Dana Point, Doyle J. Barker 62 Baywood Development Group Inc. 17 ** 72 72 0 0 0 Newport Beach, William R. Watt 62 Wilshire Builders Inc.* 17 35.8 50 50 0 0 0 Santa Monica, Howard Press/Raymond A. Watt/J. Scott Watt 64 HQT Homes 16.7 28.6 62 62 0 0 8 Tustin, Donovan D. Huenneken 65 Avalon Homes 16 22.7 45 45 0 0 1 Mission Viejo, Scott B. Redsun 65 Joseph Nicholas Homes 16 38.7 56 56 0 0 0 San Bernardino, Joseph Carman 67 Alpha Construction Co. 14.6 14.8 169 0 0 169 ** Inc.*, Van Nuys, Irvin Laxineta 68 Ashbrook Communities 13.8 55.5 85 85 0 0 4 Carlsbad, Timothy McGowan/Richard Crook 69 Landmark Cos. LLC 13.3 124 212 27 0 185 7 Newport Beach, Richard H. Packard 70 Mitchell Development Inc.* 13.1 14.5 38 38 0 0 0 Westlake Village, Michael P. Mitchell 71 Brandywine Development Corp. 12.4 28.1 28 28 0 0 0 Santa Ana, James L. Barisic 72 Fiesta Development Inc. 10.4 29.2 73 73 0 0 0 Huntington Beach, Richard K. Ashby 73 J D Pierce Co. Inc. 10.1 6.4 61 61 0 0 1 Irvine, Jennings D. Pierce Jr. 74 Colmer Development 9.9 15.4 43 43 0 0 12 Calabasas, Wayne Colmer 75 Saddleback Homes & Development 8.9 24 20 20 0 0 0 Newport Beach, Tom Williams 76 Moloney Development 8 10.3 6 6 0 0 0 Manhattan Beach, Dennis Moloney 77 Bulmer Development Corp. 7.6 14.8 51 0 51 0 2 Westlake Village, Stan Bulmer 78 Pacific Alliance Capital Group 7.4 13 60 60 0 0 5 Anaheim Hills, Dr. Jay Ved 79 Manhattan Holding Co. 5.4 10.4 5 5 0 0 3 Long Beach, Robert Davis 80 Zebu Construction 5.2 7 16 16 0 0 0 Fallbrook, Jonathan Reich 81 New View Development Inc.* 4.9 6.6 2 2 0 0 0 Santa Monica, Richard E. Vamos 82 Fenn Construction & Development 4.5 9.6 2 2 0 0 0 Laguna Niguel, John F. Wilson III 83 Abell-Helou, GP 3.9 11 19 19 0 0 0 Covina, Carol Helou/John B. Abell 84 West Pointe Homes Inc. 2.6 29.7 2 2 0 0 0 Westlake Village, James Rasmussen

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* Firm reporting on fiscal-year basis. ** Not reported.

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