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Residential real estate developers/builders: ranked by units sold in the San Fernando, Conejo, Santa Clarita and Antelope valleys in 2002. (The List).


EXECUTIVE SUMMARY

GUIDED by the land available, residential builders flocked to the northern and western ends 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.  in 2002, largely focusing their efforts in Santa Clarita Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, , Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming.

The Antelope Valley
 and Thousand Oaks Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. .

Several large developers, having completed projects in 2001, fell off the ranking for 2002 entirely as they moved to other parts of the country. Chief among those was Calabasas-based Ryland The name Ryland can refer to several things:
  • William Wynne Ryland - English engraver
  • Ryland Homes - developer
  • Ryland Heights, Kentucky
  • Ryland, Norway
  • Rylands Library Papyrus P52
  • Rylands v Fletcher
 Group Inc., which closed more than 13,000 new home units in 2002, although none were in the local area.

A number of acquisitions in 2002 also affected the year's rankings.

Pacific Bay Homes sold off a large number of lots in the Santa Clarita Valley The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672.  to a partnership between 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 and Lennar Corp.'s Greystone Homes division. And the No. 1 ranked builder on the Business Journal's list, D.R. Horton Horton, river, c.275 mi (440 km) long, rising in a lake N of Great Bear Lake, Northwest Territories, Canada, and flowing NW to Franklin Bay, a part of the Beaufort Sea.  Inc., acquired Schuler Schuler is the surname of:
  • Hans Schuler, American sculptor
  • Markus Schuler, German soccer player
  • Mike Schuler
  • Max Schuler, Maximilian "Max" Schuler, German engineer, first described the Schuler tuning
  • Raymond T.
 Homes last year.

-- Shelly Garcia Gar·ci·a   , Jerome John Known as "Jerry." 1942-1995.

American musician who gained fame as the cofounder and lead guitarist of the folk-rock group the Grateful Dead (1965-1995).
 

THE PACESETTER

D.R. HORTON INC.

A merger between D.R. Horton Inc. and Schuler Homes completed in Feb. 2002 added the Western Pacific Housing brand to the Horton lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime.  in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, .

Schuler, which had been among the top 5 builders in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , operates as a separate division within D.R. Horton, however sales for the division are included in the Horton totals, pushing the company into the No. 1 spot in this year's list from No. 2 last year.

The Arlington Arlington, county, United States
Arlington, county (1990 pop. 170,936), N Va., across the Potomac River from Washington, D.C. Arlington is a residential and commercial suburb of Washington.
, Texas-based builder saw its revenues soar SOAR - 1. State, Operator And Result. A general problem-solving production system architecture, intended as a model of human intelligence. Developed by A. Newell in the early 1980s. SOAR was originally implemented in Lisp and OPS5 and is currently implemented in Common Lisp.  51 percent in fiscal 2002 to $6.7 billion. Net income increased 57 percent to $404.7 million or $2.87 per share in the fiscal year ended Sept. 30, 2002.

In California, D.R. Horton reported sales of 9,740 units totaling $2.9 billion for the most recent fiscal year, compared with 5,332 units totaling $1.4 billion in sales in the prior year.

-- Shelly Garcia

[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]

[GRAPH OMITTED]
Rank  Company (Ranking in 2002)             Units Sold
      * name                          * '02 Valley/nationwide
      * address                       * '01 Valley/nationwide
                                      * '02 Detached/Attached

 1    D.R. Horton Inc (2) 1                 709/51,584
      28009 Smyth Drive                     269/21,000
      Valencia 91355                          631/78


 2    KB Home (3)                         690/21,778 (2)
      25115 Avenue Stanford,              464/21,486 (2)
      Suite 250                                690/0
      Valencia 91355

 3    Shea Homes                             312/7,200
      555 St. Charles Drive,                  328/NA
      Suite 205                               182/130
      Thousand Oaks 91360



 4    Greystone Homes Inc. (6) (3)            336/NA
      25129 The Old Road                      303/NA
      Stevenson Ranch 91381                   164/172

 5    John Laing Homes (4)                   289/1,744
      5805 Sepulveda Blvd.,                  289/2,236
      Suite 800                                289/0
      Van Nuys 91411

 6    Beazer Homes (11)                     271/13,603
      1100 Town & Country,                   98/10,059
      Suite 100                                271/0
      Orange 92868

 7    Richmond American Homes                258/8,900
      of California (5)                      266/8,174
      16600 Sherman Way                        258/0
      Van Nuys 91406

 8    Standard Pacific Homes                 254/6,265
      32133 Lindero Canyon Road,             271/4,311
      Suite 105                                254/0
      Westlake Village 91361

 9    Pardee Homes (1)                        203/NA
      1320 Flynn Road, Suite 100              235/NA
      Camarillo 93012                          203/0

 10   Centex Homes/L.A.                     178/22,635
      Ventura Div. (7)                      257/20,659
      27200 Tourney Road, Suite 200            178/0
      Valencia 91355

 11   Montage Development Inc.               116/same
      18455 Burbank Blvd., Suite 308          47/same
      Tarzana 91356                            96/20


 12   The Braemar Group (14)                  62/same
      30495 Canwood St., Suite 101            NA/same
      Agoura Hills 91301                       62/0

 13   Brookfield Homes (4)                   42/2,660
      3090 Bristol St., Suite 200              NA/NA
      Costa Mesa 92626                         NA/NA

 14   MBK Homes Ltd (8)                       32/302
      175 Technology Drive                    78/326
      Irvine 92618                              NA

 15   Toll Bros. Inc                         12/4,430
      725 Town and Country Road,              0/4,358
      Suite 500                                 NA
      Orange 92868

Rank  Company (Ranking in 2002)          Units      2002 Revenues
      * name                           Built 2002    (millions)
      * address                         * Valley      * Valley
                                      * nationwide  * nationwide

 1    D.R. Horton Inc (2) 1               586          $236.5
      28009 Smyth Drive                    NA           7,324
      Valencia 91355


 2    KB Home (3)                          NA            202
      25115 Avenue Stanford,               NA           4,246
      Suite 250
      Valencia 91355

 3    Shea Homes                          368            352
      555 St. Charles Drive,               NA            NA
      Suite 205
      Thousand Oaks 91360



 4    Greystone Homes Inc. (6) (3)        336            WND
      25129 The Old Road                   NA            WND
      Stevenson Ranch 91381

 5    John Laing Homes (4)                277            117
      5805 Sepulveda Blvd.,              1,725           590
      Suite 800
      Van Nuys 91411

 6    Beazer Homes (11)                   373           74.5
      1100 Town & Country,               13,610        2,691.1
      Suite 100
      Orange 92868

 7    Richmond American Homes              NA           122.6
      of California (5)                    NA          2,260.2
      16600 Sherman Way
      Van Nuys 91406

 8    Standard Pacific Homes              254            121
      32133 Lindero Canyon Road,         6,265          1,870
      Suite 105
      Westlake Village 91361

 9    Pardee Homes (1)                    132            WND
      1320 Flynn Road, Suite 100           NA            WND
      Camarillo 93012

 10   Centex Homes/L.A.                   210            101
      Ventura Div. (7)                   26,928         4,925
      27200 Tourney Road, Suite 200
      Valencia 91355

 11   Montage Development Inc.             NA            26
      18455 Burbank Blvd., Suite 308       NA           same
      Tarzana 91356                        26


 12   The Braemar Group (14)               NA            30
      30495 Canwood St., Suite 101         NA            NA
      Agoura Hills 91301

 13   Brookfield Homes (4)                 NA            NA
      3090 Bristol St., Suite 200          NA           1,047
      Costa Mesa 92626

 14   MBK Homes Ltd (8)                  32/293         12.7
      175 Technology Drive                              113.7
      Irvine 92618

 15   Toll Bros. Inc                       12           11.2
      725 Town and Country Road,         4,430         2,279.2
      Suite 500
      Orange 92868

Rank  Company (Ranking in 2002)             Current Projects
      * name                                 (partial list)
      * address


 1    D.R. Horton Inc (2) 1           Santa Clarita; Hidden Knoll,
      28009 Smyth Drive                 Canyon Gate, Plum Canyon,
      Valencia 91355                   Lancaster; Cherry Blossom,
                                       Quartz Hill, Horizons West

 2    KB Home (3)                          Castaic: Cambridge,
      25115 Avenue Stanford,             Belmont at Hasley Hills
      Suite 250                            Sylmar: Stratford,
      Valencia 91355                    Belmont at Mountain Glen

 3    Shea Homes                       Calabasas: Mont Calabasas,
      555 St. Charles Drive,             The Colony at Calabasas
      Suite 205                         Valencia: Cypress Point,
      Thousand Oaks 91360                      Monte-Vista
                                          Simi Valley: Big Sky,
                                              Paseo del Sol

 4    Greystone Homes Inc. (6) (3)    Santa Clarita: Hasley Canyon,
      25129 The Old Road                  Emerald at Westridge
      Stevenson Ranch 91381            Stevenson Ranch: Northstar

 5    John Laing Homes (4)               Valencia: Bella Ventana
      5805 Sepulveda Blvd.,                 Sangus: St. Clare
      Suite 800                            Palmdale: Day Dream
      Van Nuys 91411

 6    Beazer Homes (11)                  Santa Clarita: Tango in
      1100 Town & Country,              Tesoro del Valle, Festivo
      Suite 100                            in Tesoro del Valle
      Orange 92868                    Palmdale: Country Club Ridge

 7    Richmond American Homes           Santa Clarita: Canerbury
      of California (5)                 Heights at Halsey Hills,
      16600 Sherman Way                  Sundance at Westridge,
      Van Nuys 91406                   Providence at Canyon Crest

 8    Standard Pacific Homes              Thousand Oaks: Villa
      32133 Lindero Canyon Road,           Encanto, La Cresta
      Suite 105                          Valencia: The Island at
      Westlake Village 91361              Bridgeport, Galleria

 9    Pardee Homes (1)                  Santa Clarita: Fair Oaks
      1320 Flynn Road, Suite 100          Ranch, Sunset Heights
      Camarillo 93012

 10   Centex Homes/L.A.                  Valencia: Bent Canyon,
      Ventura Div. (7)                          Montanya
      27200 Tourney Road, Suite 200       Saugus: Hidden Ranch,
      Valencia 91355                             Reserve

 11   Montage Development Inc.            North Hills: Montage
      18455 Burbank Blvd., Suite 308        at Noble Village
      Tarzana 91356                      Panorama City: Montage
                                            at Sylmar Village

 12   The Braemar Group (14)            Tarzana: Braemar Estates
      30495 Canwood St., Suite 101     Westlake Village: Majestic
      Agoura Hills 91301                          Oaks

 13   Brookfield Homes (4)               Valencia: The Masters,
      3090 Bristol St., Suite 200               Back Bay
      Costa Mesa 92626                   Thousand Oaks: Virazon

 14   MBK Homes Ltd (8)                Valencia: Altoliva, Tesoro
      175 Technology Drive                San Abella, Westridge
      Irvine 92618

 15   Toll Bros. Inc                        Moorpark: Country
      725 Town and Country Road,              Club Estates
      Suite 500                        Chartsworth: Indian Springs
      Orange 92868

Rank  Company (Ranking in 2002)          Price Range      Headquarters
      * name                               * entry
      * address                          * trade-up
                                          * luxury

 1    D.R. Horton Inc (2) 1               $200,000       Arlington, Tex.
      28009 Smyth Drive                   $350,000
      Valencia 91355                      $500,000+


 2    KB Home (3)                       high 100,000       Los Angeles
      25115 Avenue Stanford,              300,000 +
      Suite 250                       400,000-500,000 +
      Valencia 91355

 3    Shea Homes                           260,000       Walnut, Calif.
      555 St. Charles Drive,               420,000
      Suite 205                           1,250,000
      Thousand Oaks 91360



 4    Greystone Homes Inc. (6) (3)           NA            Miami, Fla.
      25129 The Old Road                   400,000
      Stevenson Ranch 91381                700,000

 5    John Laing Homes (4)             275,000-325,000    Newport Beach
      5805 Sepulveda Blvd.,            350,000-450,000
      Suite 800                        650,000-850,000
      Van Nuys 91411

 6    Beazer Homes (11)                225,000-265,900       Atlanta
      1100 Town & Country,             267,000-305,900
      Suite 100                        459,900-526,900
      Orange 92868

 7    Richmond American Homes          160,000-185,000       Denver
      of California (5)                185,000-450,000
      16600 Sherman Way                450,000-850,000
      Van Nuys 91406

 8    Standard Pacific Homes               199,950           Irvine
      32133 Lindero Canyon Road,           450,000
      Suite 105                            750,000
      Westlake Village 91361

 9    Pardee Homes (1)                     200,000         Los Angeles
      1320 Flynn Road, Suite 100       400,000-500,000
      Camarillo 93012                        NA

 10   Centex Homes/L.A.                300,000-400,000    Dallas, Tex.
      Ventura Div. (7)                 400,000-650,000
      27200 Tourney Road, Suite 200    700,000-850,000
      Valencia 91355

 11   Montage Development Inc.               NA              Tarzana
      18455 Burbank Blvd., Suite 308
      Tarzana 91356


 12   The Braemar Group (14)                 NA           Agoura Hills
      30495 Canwood St., Suite 101    500,000-1,000,000
      Agoura Hills 91301                  1,300,000

 13   Brookfield Homes (4)                   NA              Toronto
      3090 Bristol St., Suite 200          600,000
      Costa Mesa 92626                       NA

 14   MBK Homes Ltd (8)                      NA              Irvine
      175 Technology Drive             365,653-381,175
      Irvine 92618                           NA

 15   Toll Bros. Inc                         NA            Huntington
      725 Town and Country Road,             NA           Valley, Penn.
      Suite 500                            900,000
      Orange 92868

Rank  Company (Ranking in 2002)       Top Local Executive
      * name                          * name
      * address                       * title
                                      * phone

 1    D.R. Horton Inc (2) 1           Brad Boe/Rick Coop
      28009 Smyth Drive               division presidents
      Valencia 91355                  (661) 257-3399


 2    KB Home (3)                     Tom DiPrima
      25115 Avenue Stanford,          v.p.,/regional manager
      Suite 250                       (661) 295-3612
      Valencia 91355

 3    Shea Homes                      W. Steven Seemann
      555 St. Charles Drive,          western regional president
      Suite 205                       (805) 557-2119
      Thousand Oaks 91360



 4    Greystone Homes Inc. (6) (3)    Jon Jaffe
      25129 The Old Road              western regiona president
      Stevenson Ranch 91381           (949) 598-8500

 5    John Laing Homes (4)            Bill Rattazzi
      5805 Sepulveda Blvd.,           division president
      Suite 800                       (818) 267-3700
      Van Nuys 91411

 6    Beazer Homes (11)               Gerald A. Gates
      1100 Town & Country,            division president
      Suite 100                       (714) 285-2900
      Orange 92868

 7    Richmond American Homes         Mark Rowson
      of California (5)               president
      16600 Sherman Way               (818) 347-5121
      Van Nuys 91406

 8    Standard Pacific Homes          Stephen E. Boggs
      32133 Lindero Canyon Road,      division president
      Suite 105                       (818) 889-3765
      Westlake Village 91361

 9    Pardee Homes (1)                James Bizzelle III
      1320 Flynn Road, Suite 100      community development dir.
      Camarillo 93012                 (805) 484-1054

 10   Centex Homes/L.A.               John Bertero
      Ventura Div. (7)                division president
      27200 Tourney Road, Suite 200   (661) 288-5777
      Valencia 91355

 11   Montage Development Inc.        Stephen C. Ross
      18455 Burbank Blvd., Suite 308  president
      Tarzana 91356                   (818) 758-2202


 12   The Braemar Group (14)          Lew Maier/Sid Dinow
      30495 Canwood St., Suite 101    principals
      Agoura Hills 91301              (818) 889-6302

 13   Brookfield Homes (4)            Jeff Proster
      3090 Bristol St., Suite 200     division president
      Costa Mesa 92626                (714) 427-6868

 14   MBK Homes Ltd (8)               Stefan-Markowitz
      175 Technology Drive            president
      Irvine 92618                    (949) 789-8300

 15   Toll Bros. Inc                  Jim Boyd
      725 Town and Country Road,      senior vice president
      Suite 500                       (714) 347-1300
      Orange 92868

NA - Not Available

WND - Would not disclose

(1) Includes Western Pacific Housing

(2) Units delivered domestically

(3) Division of Lennar Corp.

(4) Division of Brookfield Properties Corp.

Data for this list was provided by the companies, The Meyers Group and
independent research. To the best of our knowledge, this information is
accurate as of press time. While every effort is made to ensure the
accuracy and thoroughness of the list, omissions and typographical
errors sometimes occur. Please send corrections or additions on company
letterhead to the Research Department, San Fernando Business Journal,
21300 Victory Blvd., Suite 205, Woodland Hills 91367. (C)2003 San
Fernando Valley Business Journal. This list may not be reprinted in
whole or in part without prior written permission from the editor.
Reprints are available from Reprint Management Services, (800) 494-9051
x130.

Researched by Shelly Garcia
COPYRIGHT 2003 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:San Fernando Valley Business Journal
Date:May 12, 2003
Words:2005
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