Residential real estate developers/builders: ranked by units sold in the San Fernando, Conejo, Santa Clarita and Antelope 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.
RESIDENTIAL ESTATE DEVELOPERS/BUILDERS
Ranked by units sold in the San Fernando, Conejo, Santa Clarita and
Antelope valleys in 2004
Rank Company Units Sold
* name * '04 Valley/nationwide
* address * '03 Valley/nationwide
* '04 detached/attached
1 KB Home (1) 732/31,646
27240 Turnberry Ln., Suite 100 389/27,331
Valencia 91355 677/55
2 DR Horton Inc. (2) 700/43,567
28009 Smyth Dr. 390/35,934
Valencia 91355 528/72
3 Beazer Homes (2) 442/16,451
1100 Town & Country Rd., Suite 100 497/15,409
Orange 92868 386/56
4 Lennar Homes (3) 397/36,204
25 Enterprise Dr. 321/21,180
Aliso Viejo 92656 na
5 Pardee Homes (3) 364/2,634
10880 Wilshire Blvd., Suite 1900 395/2,289
Los Angeles 90024 260/104
6 Standard Pacific Homes (4) 306/na
32133 Lindero Canyon Rd., Suite 105 na/na
Westlake Village 91561 111/195
7 K. Hovnanian 295/15,801
3536 Concours St. 289/12,285
Ontario 91764 295/0
8 Centex Homes 208/32,900
27200 Tourney Rd. Suite 200 288/27,000
Valencia 91355 208/0
9 William Lyon Homes 182/3,471
4490 Von Karman Ave. 143/2,804
Newport Beach 92660 69/113
10 The Olson Company (5) 169/na
3020 Old Ranch Parkway, Suite 400 na/na
Seal Beach 90740 0/169
11 MBK Homes 163/272
179 Technology Dr. 19/276
Irvine 92618 163/0
12 J.P. Eliopulos Enterprises 150/150
P.O. Box 5237 150/150
Lancaster 93539 150/0
13 Larwin Company 145/150
16633 Ventura Blvd., Suite 1300 149/222
Encino 91436 145/0
14 Montage Development Inc. 27/27
6345 Balboa Blvd., Suite 155, Bldg. 37/37
III 27/0
Encino 91316
15 Structure Homes 6/6
20929 Ventura Blvd., Suite 228 6/6
Woodland Hills 91364 6/0
Rank Units Built 2003 Current Projects
2004 Revenues (partial list)
* Valley (millions)
* nationwide * Valley
* nationwide
1 na na na
na $7,052.70
2 wnd wnd wnd
wnd 10,658.00
3 wnd wnd wnd
wnd 3,907.10
4 326 na Newhall Ranch; The Platinum
na 10,504.90 Collection; Robinson Ranch;
Sage
5 364 211.90 Mulberry Place, Camarillo;
2,634 1,210.50 Sunset Heights, Mayfair, Glen
Brook, Santa Clarita
6 na na na
na 3,341.60
7 295 na Cooperstown, Sunset Point,
na 4,160 Medallion, Lancaster; Mint
Canyon, Santa Clarita; The
Palms, Palmdale; Starpoint,
Acton
8 105 146 Legends, Saugus; Mulholland 8,
37,000 9,000 Novella, Thousand Oaks
9 182 118.7 Andorra at Creekside, Valencia
3,471 1,785.60
10 na na na
na na
11 230 77.7 Altolina, Santa Clarita; San
456 128.6 Abella, Valencia; Skyview,
Lancaster
12 150 35 2 projects in Palmdale
150 35
13 172 86 Sedona, Lancaster
189 91
14 27 11.2 Aqueduct Village, Granada
27 11.2 Hills; Langdon Village, Bradley
Village, Plummer Village, North
Hills; Glade Village, Canoga
Park; Remmet Village,
Chatsworth; Herrick Village,
Sylmar
15 11 10.4 Dos Vientos Estates, Thousand
11 10.4 Oaks; Stern, Sherman Oaks;
Louise, Encino
Rank Price Range Top Local Executive
* entry * name
* trade-up * title
* luxury * phone
1 $200,000s Tom DiPrima
$300,000s division president
$600,000s (661) 219-6901
2 200,000s-300,000s Glen Longarini
400,000s-600,000s division president
600,000s-700,000s (661) 257-3399
3 200,000s Gerald A. Gates
300,000s division president
600,000s (714) 285-2900
4 na Greg McWilliams
na regional vice president
na (949) 349-8000
5 n/a Jim Bizzelle
500,000-550,000 vp comm.dev., LA/Ventura region
600,000-700,000 (310) 475-3525
6 high 200,000s Stephen E. Boggs
low 400,000s division president
low 600,000s (818) 889-3765
7 mid 200s Frank Glankler
mid 800s group president
1 million plus (909) 987-3766
8 400,000-550,000 John Bertero
551,000-900,000 division president
901,000 plus (661) 288-5777
9 n/a Thomas J. Mitchell
383,000-475,000 president, So. Calif. Division
1,030,000-1,140.000 (949) 833-3600
10 na Steve Olson
na ceo
na (562) 596-4770
11 415,000-500,000 Tim Kane
470,000-545,000 president
n/a (949) 789-8300
12 350/000-450,000 Andrew J. Eliopulos
n/a president
n/a (661) 942-8481
13 n/a Denis Cullumber
340,000-390,000 president
1,200,000-1,400,000 (818) 986-8890
14 400,000-450,000 Stephen C. Ross
500,000-600,000 ceo
n/a (818) 758-2202
15 na Robert Kleiman
na principal
1,250,000-4,000,000 (818) 598-1330
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 Shannon Sindorf
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