RESIDENTIAL REAL ESTATE DEVELOPERS.Ranked by units sold in L.A. County in 2000 Next Week The Top 25 Commercial Interior Design Firms in L.A. County THE PACESETTER CENTEX Centex (NYSE: CTX) began trading publicly in 1969. Since the company’s founding in 1950 as a Dallas-based residential construction company, it has evolved into a company whose principal operations are focused on residential and commercial construction and related HOMES A strong showing in the San Gabriel Valley The San Gabriel Valley is one of the principal valleys of southern California. It lies to the east of the city of Los Angeles, to the north of the Puente Hills, to the south of the San Gabriel Mountains, and to the west of the Inland Empire. and Westside Adj. 1. westside - of the western part of a city; "he lives in upper westside Manhattan" west - situated in or facing or moving toward the west markets placed Centex Homes atop the pack of L.A. County's most active homebuilders in 2000. Centex replaced KB Home as the top residential real estate developer in a county where people keep buying houses regardless of the economic winds. "The housing market has remained unexpectedly robust with what's happening in the rest of the market," said John Ochsner, Centex division president for Los AngelesNentura counties. "Interest rates have continued to spur sales. As long as homeowners are confident, they are going to remain in the market." Centex builds homes ranging in price from $305,000 to $750,000. The company focuses largely in the San Gabriel Valley, the Westside and Torrance Torrance, industrial and residential city (1990 pop. 133,107), Los Angeles co., SW Calif.; inc. 1921. It has large aircraft and electronics industries. Among its many manufactures are aircraft, electronics, communications equipment, aluminum products, steel, and , and has benefited from an under-supplied market. "When you're you're Contraction of you are. you're you are you're be re in a supply-constrained market just about anything you can get your hands on will sell," Ochsner said. A shortage of land is helping push prices up, he said. "You cannot buy land that allows you to deliver homes at any sort of affordable price," he said. "There's a side of me that would like to tell you we're we're Contraction of we are. we're we are just very good at our market analysis. "But sometimes your acquisitions and the market just line up," Ochsner said.
Rank Company (Ranking in 2000)
* name
* address
1 Centex Homes (4)
27200 Toumey road, Suite 200
Valencia 91355
2 KB Home (1)
10990 Wilshire Blvd., Seventh Floor
Los Angeles 90024
3 Pardee Construction (8)
10880 Wilshire Blvd., Suite 1990
Los Angeles 90024
4 Beazer Homes (12)
1100 Town & Country, Suite 100
Orange 92868
5 Shea Homes (2)
655 Brea Canyon Road
Walnut 91789
6 Schuler Homes Inc. (6)
300 Continental Blvd., Suite 390
EI Segundo 90245
7 D.R. Horton Inc. (22)
280099 Smyth Drive
Valencia 91355
8 Shapell Industries Inc. (7)
8383 Wilshire Blvd.
Beverly Hills 90211
9 Pacific Bay Homes (10)
4041 MacArthur Blvd. Suite 500
Newport Beach 92660
10 Richmond American (13)
16600 Sherman Way, Suite 160
Van Nuys 91406
11 Forecast Homes (9)
10670 Civic Center Drive
Rancho Cucumonga 91730
12 Crescent Heights of America (6)
9720 Wilshire Boulevard, Sixth Floor
Beverly Hills 90212
13 Taylor Woodrow Homes (20)
15 Cushing
Irvine 92618
14 Premier Homes (21)
10601 Civic Center Drive, Suite 220
Rancho Cucamonga 91730
15 Braemar Homes (11)
30495 Canwood St., Suite 101
Agoura Hills 91301
Units Sold Units Built 2000 2000 Revenues
* '00 L.A. County/nationwide * L.A. County (millions)
* '00 L.A. County/nationwide 1 * nationwide * L.A. County
* nationwide
385-19,407 2 446 $135.0
85/WND WND $3,686.8 2
328 3 /22,847 4 2,110 4 NA
NA/4,612 4 22,847 4 3,870.0 4
214/1,888 242 71.2
60/491 2,031 591.0
211/NA 194 48.4
78/NA NA 1,584.2 5
199 3 /WND WND WND
WND/WND WND 1,862.8 5
197/4,537 210 45.0
67/1,520 4,800 1,259.0
185/19,601 228 54.6
134/6,712 18,942 3,569.8
159 3 / WND WND WND
WND 575.0 7
157/588 157 48.7
66/137 588 271.4
150/7,835 149 56.0
72/2,727 7,484 1,700.0
139/1,601 139 28.5
59/506 1,601 332
137/WND 330 94.3
44/WND WND NA
132/1,007 116 59.9
25/859 WND 2,298.3 8
131/198 70 57.2
26/41 129 77.8
118/same 126 34.0
21/same same same
Developments Price Range
(partial list) * entry
* trade-up
* luxury
The Colony and The Cove at $305,000 - $350,000
Bridgeport, Valencia; Silver Crest, $400,000 - $550,000
West Covina; pacific Summit at $600,000 - $750,000
Stevenson Ranch
Casablanca and Mountain Glen, 130,000 +
Sylmar; Dalta Ridge and Starlight, 270,000 +
Palmdale; Hasley Hills and Quail none
Run, Castaic
Carlton Hidge in Palmdale; Lantana 154,990 - 182,990
Hills in Canyon country; Oak Glen 296,950 - 353,950
at Fair Oaks Ranch, Santa Clarita none
Oak Lane in Santa Clarita; Southern 176,990 - 225,990
Oaks Estates, Stevenson Ranch; 213,990 - 281,990
Beazer Homes at Rancho Vista, 470,990 - 520,990
Palmdale
Twilight Vista at Stevenson Ranch; 185,000 +
Mont calabasas 269,000 +
800,000 +
Wisteria and Acacia, Santa Clarita; 150,000 +
Montelena, Sun Valley, Harvard 250,000 +
Estates, Rowland Heights; Clayborne 400,000 +
Ridge, West Covina
Country Village in Castaic; Skyview 175,000
at Stevenson Ranch, Stoney Pointe, 275,000
Waterford and Village Walk at 450,000
Valencia
Cambria, Tapestry, Terraza at none
Rancho Conjo, Thousand Oaks; 400,000 +
The Orchards at Plum Canyon, 1,000,000 +
Santa Clarita
Summer Moon in Pacific Hills; none
Blue Sky in Pacific Crest; 265,000 - 330,000
The Heights in Stone Crest, 950,000 - 1,200,000
Robinson Ranch
Belcrest and Mandeville at 240,000 +
Stevenson Ranch; Ridgewood in 375,000 +
Castaic; The Landing in 550,000 +
Valencia; Bridlewood in
Granada Hills
Meadowcrest and Rancho Vista, 134,990 - 165,990
Palmdale; Star Point Ranch, 163,990 - 245,990
Acton; Forecast Homes, none
Lancaster
The Remington Plaza none
none
450,000 -10,000,000
Presideio, Garland, none
Ironwood in Woodlands 325,000 - 500,000
700,000 +
Versalles in Reseda; Rivemont in none
Tujunga; Chanteclair Estates, 299,990 - 614,990
The Grove in Claremont 579,990 - 779,990
Braemar Estates in Tarzana; 1800 205,000 - 235,000
PCH in Redondo Beach; 405,000 - 515,000
Traditions in Pico Rivera, 1,190,000 - 1,600,000
Melrose Lofts in West
Hollywood
Headquarters Top Local Executive
* name
* title
* phone
Dallas John Ochsner
division president
(661) 288-5777
same Bruce karatz
chairman, ceo
(310) 231-4000
same Michael V. McGee
president, ceo
(310) 475-3525
Atlanta Gerald A. Gates
division president
(714) 285-2900
smae John Shea
owner, ceo
(909) 594-9500
same Craig Manchester
president
(310) 648-7200
Arlington, Texas Brad Boe
division president
(661) 257-3399
Beverly Hills Nathan Shapell
owner
(310) 655-7330
same Dick Hamm
v.p., division manager
(949) 440-7200
Denver Dave Schaffer
president
(818) 908-3267
same James P. Previti
ceo
(909) 987-7788
Miami Sam Fellus
regional manager
(310) 786-8800
Irvine Tom Redwitz
So. Calif. Division
president
(949) 341-1200
same Glenn Rawan
division president
(909) 476-3706
same Lew maler/Sid Dinow
principals
(818) 889-6302
16 John Laing Homes (3) 115/2,261 151 $28.0
16380 Roscoe Blvd., Suite 200 24/692 WND $603.0
Van Nuys 91406
17 MBK Homes (16) 112/200 127 35.0
175 Technology Drive 26/61 234 55.7
Irvine 92618
18 Davidon Homes (14) 90 3/WND 108 WND
1600 South Main Street, Suite 150 WND WND
Walnut Creek 94596
19 Lennar Homes (18) 83/22,550 65 28.8
24800 Chrisanta Drive, Suite 100 41/6,083 22,560 4,900.0
Mission Viejo 92691
20 Rancho Vista Development Co. 81/WND 75 17.7
3011 Rancho Vista Blvd., Suite F WND/WND WND WND
Palmdale 93551
21 Curtis Development (24) 57/158 57 15.7
40925 County Center 9/42 158 37.5
Drive, Suite 100
Temecula 92591
22 EPAC Development (5) 52/72 64 46.7
3070 Bristol St., Suite 520 15/21 85 65.9
Costa Mesa 92626
23 Granite Homes (25) 40/140 52 7.3
2955 East Main St., Suite 210 5/42 120 29.0
Irvine 92614
24 Ryland Homes (17) 30/11,418 WND 9.4
24025 Park Sorrento, Suite 400 13/2,381 WND 2,300.0
Calabasas 91302
25 James Ratkovich & Assoc. 23/same WND 7.7
2 N. Lake Ave. 14/same WND same
Pasadena 91101
16 Tapesty in Playa Vista; Manor and $250,000 Irvine
Grove, Southern Oaks; Stonecreek, $250,000 - $400,000
Woodcrest, Sienna Ridge $400,000 +
17 Emerald Square in Gardena; Saragoga 200,000 + same
at Hillcrest, Castaic 300,000 +
none
18 Miramonte in Canyon Heights none same
320,000 - 600,000
none
19 Arcadia Woodland, Glendora; 100,000 - 250,000 Miami
Stevenson Ranch III and IV; 250,000 - 500,000
Valencia III and IV; Quartz Hill 500,000 - 800,000
20 Skyline at Rancho Vista, Palmdale none same
198,000 - 242,000
none
21 Double C Ranch in Castaic; Haskell none same
Canyon Ranch in Saugus 230,000 - 330,000
none
22 The Reserve at La Habra Hieghts; none same
The Reserve in Glendale; The none
Reserve in Woodland Hills; 700,000 - 2,000,000
Braewood Estates in S. Pasadena
23 Granite Homes at Quartz Hill, 175000 - 200,000 same
Lancaster 200,000 - 250,000
400,000 - 450,000
24 Canyon Crest and Falcon Ridge, none same
Santa Clarita; Ryland Heights, 40,000 - 700,000 9
West Covina none
25 none none same
none
WND
16 David J. McKinzie
division president
(818) 830-3360
17 Stefan Markowitz
president
(949) 789-8300
18 Tom Comber
director
(661) 297-3590
19 Jon Jaffe
western region president
(949) 598-8500
20 R. Gregg Anderson
general partner
(661) 265-9895
21 James F. Basiger
sr. v.p. of operations
(909) 296-1101
22 Rick Doremus
president
(714) 755-6300
23 D. Kassel/B. Deizer
co-presidents
(949) 250-9229
24 R. Chad Dreier
chairman, president, ceo
(818) 223-7500
25 James Ratkovich
president
(626) 795-5087
NA - Not Available
WND - Would Not Disclose
(1) As of March 31, 2001.
(2) Centex Corporation 2000
Centex Homes Annual Report.
(3) 2000 sales figures for these
companies were provided by the
Meyers Group and represent
January - December, 2000.
(4) 22,847 figure includes units
sold in France; 4,162 figure
includes joint venture units;
$3,870 million revenue includes
sales in France.
(5) Dunn & Bradstreet reports.
(6) Western Pacific Housing -
ranked number 19 last year -
merged with Schuler Homes
Inc. on April 2, 2001.
Results for 2000 and 2001
are combined.
(7) Hoovers online, 1999 figures.
(8) Hoovers Online, includes
UK sales.
(9) 2001 price ranges.
Note: The information on this
list was provided by
representatives of the
developers themselves, unless
otherwise noted. Developers
are ranked by their total
2000 units sold in L.A. County.
[Graph graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers. omitted] EXECUTIVE SUMMARY HOME sales in L.A. County remained strong amid worries of a slowing in the national and local economies at the end of last year. The proof is shown by the county's top 25 residential real estate developers, which together sold 5,198 homes in 2000. "In terms of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County, one of the things we point to is the fact that you have positive job growth," said Les Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs , president of Shea Homes in Brea Brea (brā`ə), city (1990 pop. 32,873), Orange co., S Calif.; inc. 1917. It is an industrial, commercial, and residential community in an oil and citrus-fruit area some 30 mi (48 km) east of downtown Los Angeles. . "We've we've Contraction of we have. we've have hit that break even point after coming out of the recession and gone through it. Now we're adding jobs." Thomas' Thomas' is a brand of english muffins and bagels in North America. It is owned by George Weston Limited bakery, which also owns Entenmann's, Boboli, Strohmann, and Arnold's bread companies. Shea Homes finished sixth on this year's list, reporting 199 homes sold in 2000. First on the list of was Centex Homes with 385 homes sold. Centex replaced KB Home, formerly Kaufman & Broad Home Corp., at the top of the list. Kaufman and Broad sold 328 homes in the county in 2000, compared to 325 in 1999. With interest rates continuing to drop through the first half of 2001, Thomas believes 2001 will post even better. results. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion