Residential real estate developers/builders: ranked by units sold in the San Fernando, and AnteloConejo, Santa Clarita pe valleys in 2004.EXECUTIVE SUMMARY As one might expect at a time when the residential real estate market is sizzling siz·zle intr.v. siz·zled, siz·zling, siz·zles 1. To make the hissing sound characteristic of frying fat. 2. To seethe with anger or indignation. 3. , most of the greater San Fernando San Fernando, city, Argentina San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area. Valley's homebuilders saw huge increases in the number of units sold in 2004. However, for many of the builders and developers on the Business Journal's list, the increases came in other regions of the country rather than the Valley. With land extremely scarce locally, homebuilders have been forced to move to other regions for their projects. KB Home, which ranked No. 1 on the Business Journal's list, saw the largest increase in number of units sold in the greater Valley area. The company sold 732 units of homes in the greater Valley region in 2004, an 88 percent increase over 2003. DR 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. was close behind, selling 700 units in 2004, compared to 390 in 2003. DR Horton also sold the largest number of units nationally, 43,567, compared to 31,646 for KB. --Staff Reports THE PACESETTER KB HOME KB Home moved from No. 3 to No. 1 on the Business Journal's list of top home builders and developers in the greater San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. with a total of 732 homes sold and closed during their 2004 fiscal year, which ended Nov. 30. With $7 billion in 2004 revenues, KB Home sold 31,646 homes nationwide, up from 27,331 in 2003. The company's 2003 revenues were $5.6 billion. KB specializes in detached de·tached adj. 1. Separated; disconnected. 2. Standing apart from others; separate. homes. Only 55 of the 732 homes the company sold in the area were condos. Like other homebuilders, most of KB Home projects in the greater San Fernando Valley have been in the 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, and Antelope valleys This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming. The Antelope Valley , where they find more room for development. One exception is the Legends at Cascades in Sylmar, which just began construction this month. The development will include 550 residences located around the Cascades Golf Course. It has not yet been determined how much the homes will cost. --Shannon Sindorf
Rank Company Units Sold Units Built
* name * '04 Valley/ 2,004
* address nationwide * Valley
* '03 Valley/ * nationwide
nationwide
* '04 detached/
attached
1 KB Home (1) 732/31,646 na
27240 Turnberry 389/27,331 na
Ln., Suite 100 677/55
Valencia 91355
2 DR Horton Inc. (2) 700/43,567 wnd
28009 Smyth Dr. 390/35,934 wnd
Valencia 91355 528/72
3 Beazer Homes (2) 442/16,451 wnd
1100 Town & 497/15,409 wnd
Country Rd., 386/56
Suite 100
Orange 92868
4 Lennar Homes (3) 397/36,204 326
25 Enterprise Dr. 321/21,180 na
Aliso Viejo 92656 na
5 Pardee Homes 364/2,634 364
10880 Wilshire 395/2,289 2,634
Blvd., Suite 1900 260/104
Los Angeles 90024
6 Standard Pacific 306/na na
Homes (4) na/na na
32133 Lindero 111/195
Canyon Rd.,
Suite 105
7 K. Hovnanian 295/15,801 295
3536 Concours St. 289/12,285 na
Ontario 91764 295/0
8 Centex Homes 208/32,900 105
27200 Tourney 288/27,000 37,000
Rd. Suite 200 208/0
Valencia 91355
9 William Lyon Homes 182/3,471 182
4490 Von Karman 143/2,804 3,471
Ave. Newport 69/113
Beach 92660
10 The Olson 169/na na
Company (5) na/na na
3020 Old Ranch 0/169
Parkway, Suite 400
Seal Beach 90740
11 MBK Homes 163/272 230
179 Technology Dr. 19/276 456
Irvine 92618 163/0
12 J.P. Eliopulos 150/150 150
Enterprises 150/150 150
P.O. Box 5237 150/0
Lancaster 93539
13 Larwin Company 145/150 172
16633 Ventura 149/222 189
Blvd., Suite 1300 145/0
Encino 91436
14 Montage 27/27 27
Development Inc. 37/37 27
6345 Balboa Blvd., 27/0
Suite 155, Bldg.
III Encino 91316
15 Structure Homes 6/6 11
20929 Ventura 6/6 11
Blvd., Suite 228 6/0
Woodland Hills
91364
Rank Company 2003 Revenues Current Projects
* name (millions) (partial list)
* address * Valley
* nationwide
1 KB Home (1) na na
27240 Turnberry 7,052.70
Ln., Suite 100
Valencia 91355
2 DR Horton Inc. (2) wnd wnd
28009 Smyth Dr. $10,658.00
Valencia 91355
3 Beazer Homes (2) wnd wnd
1100 Town & 3,907.10
Country Rd.,
Suite 100
Orange 92868
4 Lennar Homes (3) na Newhall Ranch; The
25 Enterprise Dr. 10,504.90 Platinum Collection;
Aliso Viejo 92656 Robinson Ranch; Sage
5 Pardee Homes $211.9 Mulberry Place,
10880 Wilshire 1,210.50 Camarillo; Sunset
Blvd., Suite 1900 Heights, Mayfair,
Los Angeles 90024 Glen Brook,
Santa Clarita
6 Standard Pacific na na
Homes (4) 3,341.60
32133 Lindero
Canyon Rd.,
Suite 105
7 K. Hovnanian na Cooperstown, Sunset
3536 Concours St. 4,160 Point, Medallion,
Ontario 91764 Lancaster; Mint
Canyon, Santa Clarita;
The Palms, Palmdale;
Starpoint, Acton
8 Centex Homes 146 Legends, Saugus;
27200 Tourney 9,000 Mulholland 8,
Rd. Suite 200 Novella, Thousand Oaks
Valencia 91355
9 William Lyon Homes 118.70 Andorra at
4490 Von Karman 1,785.60 Creekside, Valencia
Ave. Newport
Beach 92660
10 The Olson na na
Company (5) na
3020 Old Ranch
Parkway, Suite 400
Seal Beach 90740
11 MBK Homes 77.7 Altolina, Santa
179 Technology Dr. 128.6 Clarita; San Abella,
Irvine 92618 Valencia; Skyview,
Lancaster
12 J.P. Eliopulos 35 2 projects in Palmdale
Enterprises 35
P.O. Box 5237
Lancaster 93539
13 Larwin Company 86 Sedona, Lancaster
16633 Ventura 91
Blvd., Suite 1300
Encino 91436
14 Montage 11.2 Aqueduct Village,
Development Inc. 11.2 Granada Hills;
6345 Balboa Blvd., Langdon Village,
Suite 155, Bldg. Bradley Village,
III Encino 91316 Plummer Village,
North Hills; Glade
Village, Canoga Park;
Remmet Village,
Chatsworth; Herrick
Village, Sylmar
15 Structure Homes 10.4 Dos Vientos Estates,
20929 Ventura 10.4 Thousand Oaks; Stern,
Blvd., Suite 228 Sherman Oaks;
Woodland Hills Louise, Encino
91364
Rank Company Price Range Top Local Executive
* name * entry * name
* address * trade-up * title
* luxury * phone
1 KB Home (1) $200,000s Tom DiPrima
27240 Turnberry $300,000s division president
Ln., Suite 100 $600,000s (661) 219-6901
Valencia 91355
2 DR Horton Inc. (2) 200,000s-300,000s Glen Longarini
28009 Smyth Dr. 400,000s-600,000s division president
Valencia 91355 600,000s-700,000s (661) 257-3399
3 Beazer Homes (2) 200,000s Gerald A. Gates
1100 Town & 300,000s division president
Country Rd., 600,000s (714) 285-2900
Suite 100
Orange 92868
4 Lennar Homes (3) na Greg McWilliams
25 Enterprise Dr. na regional vice president
Aliso Viejo 92656 na (949) 349-8000
5 Pardee Homes n/a Jim Bizzelle
10880 Wilshire 500,000-550,000 vp comm. dev.,
Blvd., Suite 1900 600,000-700,000 LA/Ventura region
Los Angeles 90024 (310) 475-3525
6 Standard Pacific high 200,000s Stephen E. Boggs
Homes (4) low 400,000s division president
32133 Lindero low 600,000s (818) 889-3765
Canyon Rd.,
Suite 105
7 K. Hovnanian mid 200s Frank Glankler
3536 Concours St. mid 800s group president
Ontario 91764 1 million plus (909) 987-3766
8 Centex Homes 400,000-550,000 John Bertero
27200 Tourney 551,000-900,000 division president
Rd. Suite 200 901,000 plus (661) 288-5777
Valencia 91355
9 William Lyon Homes n/a Thomas J. Mitchell
4490 Von Karman 383,000-475,000 president, So.
Ave. Newport 1,030,000-1,140.000 Calif. Division
Beach 92660 (949) 833-3600
10 The Olson na Steve Olson
Company (5) na ceo
3020 Old Ranch na (562) 596-4770
Parkway, Suite 400
Seal Beach 90740
11 MBK Homes 415,000-500,000 Tim Kane
179 Technology Dr. 470,000-545,000 president
Irvine 92618 n/a (949) 789-8300
12 J.P. Eliopulos 350/000-450,000 Andrew J. Eliopulos
Enterprises n/a president
P.O. Box 5237 n/a (661) 942-8481
Lancaster 93539
13 Larwin Company n/a Denis Cullumber
16633 Ventura 340,000-390,000 president
Blvd., Suite 1300 1,200,000-1,400,000 (818) 986-8890
Encino 91436
14 Montage 400,000-450,000 Stephen C. Ross
Development Inc. 500,000-600,000 ceo
6345 Balboa Blvd., n/a (818) 758-2202
Suite 155, Bldg.
III Encino 91316
15 Structure Homes na Robert Kleiman
20929 Ventura na principal
Blvd., Suite 228 1,250,000-4,000,000 (818) 598-1330
Woodland Hills
91364
wnd - Would not disclose
na - Not Available
n/a - Not Applicable
Data for this list was furnished by the companies
themselves except where otherwise noted.
(1) For fiscal year ending Nov. 30, 2004. Data
was obtained from public documents and Hanley
Wood (hanleywood.com).
(2) For fiscal year ending Sept. 30, 2004. Officials
from these companies did not respond to requests for
information. Data was compiled from public documents
and information supplied by Hanley Wood (hanleywood.com).
(3) For fiscal year ending Nov. 30, 2004.
(4) Data was obtained from public documents and Hanley
Wood (hanleywood.com).
(5) Data was obtained from Hanley Wood (hanleywood.com).
To the best of our knowledge, this information is accurate
as of press time. While every effort is made to ensure the
accuracy and the thoroughness of the list, omissions and
typographical errors sometimes occur. Please send corrections
or additions on company letterhead to the Research Department,
San Fernando Valley Business Journal, 21600 Oxnard St., Suite
250, Woodland Hills, CA 91367. [c] 2005 San Fernando Valley
Business Journal. This list may not be reprinted in whole or
in part without prior permission from the editor. Reprints
are available from Reprint Management Services, (800) 494-9051
ext. 130.
Researched by Sannon Sindorf
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