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Residential real estate developers: ranked by units sold in L.A. County in 2002.


EXECUTIVE SUMMARY

AIDED by low supply and low interest rates, the 25 largest residential developers in L.A. County sold 4,817 homes in 2002, up 4.4 percent from the 4,615 recorded in 2001, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Meyers Meyers may refer to: People
  • Albert Meyers (born 1932), American organic chemist, professor at Colorado State University
  • Ann Meyers (born 1955), former American basketball player and current sportscaster
 Group data.

No. 2 Lennar Corp. moved closer to No. 1 KB Home, selling 392 homes in 2002, nearly twice the number from the previous year. The Miami-based company, along with LNR LNR Local Nature Reserve (United Kingdom)
LNR Last Number Redial
LNR London News Radio
LNR Left/Node/Right (in order binary tree traversal in computer programming)
LNR Local Negotiated Rate
 Property Corp., announced its intention last month to acquire Newhall Newhall may refer to:
Places in England:
  • Newhall, Essex
  • Newhall, Cheshire
  • Newhall, Derbyshire
Places in the USA:
  • Newhall, California, later incorporated into Santa Clarita
  • Newhall, Iowa
People:
 Land and Farming Co., owner of tens of thousands of entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
 acres in the growing North County area.

Standard Pacific Corp. showed the greatest growth, vaulting vaulting

Gymnastics exercise in which the athlete leaps over a form that was originally intended to mimic a horse. At one time, the pommel horse was used in the vaulting exercise, with the pommels (handles) removed.
 more than dozen spots to No. 9. The homebuilder sold 218 homes in 2002, a 680 percent increase over the prior year, and with 88 homes sold in the first quarter of 2003, it was on track to beat those numbers.

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. and Pardee Homes Not to be confused with Pardee Home.
Pardee Homes is a residential real-estate developer originally founded in 1921 by George Pardee Sr. He was joined by his three sons in the Los Angeles housing boom after World War II.
 both dropped significantly, with home sales cut almost in half for each of the homebuilders. No. 10 Shea Homes also saw a decline in sales volume, shedding shedding,
n See exfoliation.


shedding

1. exfoliation of entire skin, called also ecdysis, exuviate.

2. falling out of haircoat.

3. putting animals into a shed.

4.
 9.6 percent to 217 homes sold in 2002.

THE PACESETTER

KB HOME

KB Home retained its place as L.A. County's most active homebuilder, but its competition is moving closer.

The Los Angeles-based company sold 522 homes in the county in 2002, a 20.2 percent decline from the year previous, according to Meyers Group data.

Companywide, KB Home fared better, increasing its numbers by 3 percent, closing 25,565 unit sales unit sales

Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company.
. Revenues also rose, climbing 10 percent in 2002, to $5 billion, compared with $4.6 billion in 2001.

Founded in 1957, KB Home has eight active projects in L.A. County, all located in the booming North County area, centering on 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 Lancaster Lancaster, city, England
Lancaster (lăng`kəstər), city (1991 pop. 43,902) and district, county seat of Lancashire, NW England, on the Lune River.
. The company, which concentrates on first-time buyers first-time buyer npersona que compra su primera vivienda

first-time buyer npersonne achetant une maison ou un appartement pour la première fois

first-time buyer 
, made the majority of its local sales in the $250,000 to $400,000 price range.

KB Home will be further expanding in North County, where it is developing a project called Anaverde in Palmdale Palmdale, city (1990 pop. 68,842), Los Angeles co., S Calif., in the irrigated Antelope Valley; a growing residential suburb of Los Angeles near Little Rock Creek where it forms Lake Palmdale Reservoir, inc. 1962. , said Tom DiPrima, division president of the greater L.A. area. Slated to begin delivering homes in the second half of 2004, the master-planned community, a partnership between KB Home and Empire Capital LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, will have 1,400 homes in its first phase, with as many as 5,200 at build out. While most of the lots will be sold off to other developers, KB Home will have four subdivisions in the project totaling 400 homes, selling from between $150,000 to more than $350,000.

KB Home will also be venturing into the more developed areas of the county, with a project at Playa playa
 or pan or flat or dry lake

Flat-bottomed depression that is periodically covered by water. Playas occur in interior desert basins and adjacent to coasts in arid and semiarid regions.
 Vista scheduled to come online in 2006.

DiPrima said the company anticipates growth, with no slowdown For articles with similar titles, see Slow Down (disambiguation).
A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties.
 seen from the increase in interest rates. "The L.A. market has been fantastic," said DiPrima. "The bigger challenge has been finding home sites than selling homes."
Rank  Company (Ranking in 2002)                  Units Sold
      * name                             * '02 L.A. County/nationwide
      * address                          * '03 L.A. County/nationwide
                                           (1)

  1   KB Home (1)                              522/25,565 (2)
      10990 Wilshire Blvd., Seventh             92/5,263 (2)
      Floor Los Angeles 90024

  2   Greystone Homes/                           392/27,636
      Lennar Corp. (11)                           70/6,526
      24800 Chrisanta Drive
      Mission Viejo 92691

  3   Centex Homes (3)                           353/25,427
      27200 Tourney Road, Suite 200               110/2,946
      Valencia 91355

  4   Richmond American Homes (5)               318/8,900 (3)
      16845 Von Karman, Suite 100               102/2,100 (3)
      Irvine 92606

  5   Forecast Homes (4) (2)                    285/1,709 (3)
      3536 Concours St., Suite 100               72/384 (3)
      Ontario 91764

  6   John Laing Homes (12)                       277/1,744
      895 Dove St., Suite 200                      36/340
      Newport Beach 92660

  7   S&S Construction/                            271/WND
      Shapell Inds. (14)                           68/WND
      8383 Wilshire Blvd.
      Beverly Hills 90211

  8   Beazer Homes (7)                         270/23,000 (3)
      1100 Town & Country, Suite                113/3,616 (3)
      100 Orange 92868

  9   Standard Pacific Corp. (25)               218/6,265 (3)
      15326 Alton Parkway                       88/1,470 (3)
      Irvine 92618

 10   Shea Homes (8)                              217/6,030
      655 Brea Canyon Road                        65/1,496
      Walnut 91788

 11   Western Pacific Housing (10)             213/31,584 (3)
      6701 Center Drive West, Suite             134/7,888 (3)
      900 Los Angeles 90045

 12   Curtis Development (16)                      172/WND
      40925 County Center Drive                    18/WND
      Temecula 92591

 13   Davidon Homes (24)                           160/WND
      21570 Birch Canyon Way                       34/WND
      Santa Clarita 91390

 14   Lee Homes                                    159/WND
      310 Washington Blvd., Suite                   4/WND
      P214 Marina del Rey 90292

 15   D.R. Horton Inc. (6) (4)                 150/31,584 (3)
      28009 Smyth Drive                         12/7,888 (3)
      Valencia 91355

 16   Pardee Homes (6)                          136/2,258 (3)
      10880 Wilshire Blvd., Suite                63/826 (3)
      1900 Los Angeles 90024

 17   Pacific Communities                        116/495 (3)
      Builder Inc.                                 48/171
      1000 Dove St., Suite 100
      Newport Beach 92660

 18   Anastasi Development                        95/80 (3)
      Corp. (22)                                   9/30 (3)
      1200 Aviation Blvd.
      Redondo Beach 90278

 19   Comstock Homes                               89/WND
      321 12th St., Suite 200                       1/WND
      Manhattan Beach 90266

 20   J.P. Eliopulos                              80/61 (3)
      Enterprises Inc.                            21/15 (3)
      2069 W. Ave J-7
      Lancaster 93536

 21   K. Hovnanian Company (20)                 75/9,514 (3)
      2495 Campus Drive                         78/2,141 (3)
      Irvine 92626

 22   Putte Home Corp.                          69/28,903 (3)
      8105 Irvine Center Drive,                 N/A/5,728 (3)
      Suite 520 Irvine 92618

 23   Montage Development Inc.                    64/97 (3)
      18455 Burbank Blvd., Suite                   5/37 (3,6)
      308 Tarzana 91356

 24   New Urban West Communities                   62/WND
      520 Broadway St., Suite 100                   O/WND
      Santa Monica 90401

 25   Diamond Crest Homes                         54/73 (3)
      17800 Mitchell North                        15/78 (3)
      Irvine 92614

Rank  Company (Ranking in 2002)               Units Built 2002
      * name                                    * L.A. County
      * address                                 * nationwide

  1   KB Home (1)                                   1,296
      10990 Wilshire Blvd., Seventh                25,565
      Floor Los Angeles 90024

  2   Greystone Homes/                               370
      Lennar Corp. (11)                            27,521
      24800 Chrisanta Drive
      Mission Viejo 92691

  3   Centex Homes (3)                               199
      27200 Tourney Road, Suite 200                28,668
      Valencia 91355

  4   Richmond American Homes (5)                    NA
      16845 Von Karman, Suite 100                    NA
      Irvine 92606

  5   Forecast Homes (4) (2)                         281
      3536 Concours St., Suite 100                  1,828
      Ontario 91764

  6   John Laing Homes (12)                          277
      895 Dove St., Suite 200                       1,725
      Newport Beach 92660

  7   S&S Construction/                              WND
      Shapell Inds. (14)                             WND
      8383 Wilshire Blvd.
      Beverly Hills 90211

  8   Beazer Homes (7)                               226
      1100 Town & Country, Suite                     WND
      100 Orange 92868

  9   Standard Pacific Corp. (25)                    197
      15326 Alton Parkway                           3,523
      Irvine 92618

 10   Shea Homes (8)                                 161
      655 Brea Canyon Road                          5,200
      Walnut 91788

 11   Western Pacific Housing (10)                   371
      6701 Center Drive West, Suite                31,584
      900 Los Angeles 90045

 12   Curtis Development (16)                        WND
      40925 County Center Drive                      WND
      Temecula 92591

 13   Davidon Homes (24)                             WND
      21570 Birch Canyon Way                         WND
      Santa Clarita 91390

 14   Lee Homes                                      WND
      310 Washington Blvd., Suite                    WND
      P214 Marina del Rey 90292

 15   D.R. Horton Inc. (6) (4)                       586
      28009 Smyth Drive                            31,584
      Valencia 91355

 16   Pardee Homes (6)                               268
      10880 Wilshire Blvd., Suite                   2,576
      1900 Los Angeles 90024

 17   Pacific Communities                            134
      Builder Inc.                                   495
      1000 Dove St., Suite 100
      Newport Beach 92660

 18   Anastasi Development                           80
      Corp. (22)                                    same
      1200 Aviation Blvd.
      Redondo Beach 90278

 19   Comstock Homes                                 WND
      321 12th St., Suite 200                        WND
      Manhattan Beach 90266

 20   J.P. Eliopulos                                100+
      Enterprises Inc.                              same
      2069 W. Ave J-7
      Lancaster 93536

 21   K. Hovnanian Company (20)                      336
      2495 Campus Drive                             9,394
      Irvine 92626

 22   Putte Home Corp.                               72
      8105 Irvine Center Drive,                    30,830
      Suite 520 Irvine 92618

 23   Montage Development Inc.                       97
      18455 Burbank Blvd., Suite                    same
      308 Tarzana 91356

 24   New Urban West Communities                     WND
      520 Broadway St., Suite 100                    WND
      Santa Monica 90401

 25   Diamond Crest Homes                            103
      17800 Mitchell North                           WND
      Irvine 92614

Rank  Company (Ranking in 2002)                 2002 Revenues
      * name                                     (millions)
      * address                                 * L.A. County
                                                * nationwide

  1   KB Home (1)                                   $390
      10990 Wilshire Blvd., Seventh               $5,030.8
      Floor Los Angeles 90024

  2   Greystone Homes/                              108.2
      Lennar Corp. (11)                            6,581.7
      24800 Chrisanta Drive
      Mission Viejo 92691

  3   Centex Homes (3)                              111.9
      27200 Tourney Road, Suite 200                1,680.8
      Valencia 91355

  4   Richmond American Homes (5)                   104.4
      16845 Von Karman, Suite 100                   2,260
      Irvine 92606

  5   Forecast Homes (4) (2)                        61.4
      3536 Concours St., Suite 100                  388.7
      Ontario 91764

  6   John Laing Homes (12)                          117
      895 Dove St., Suite 200                        590
      Newport Beach 92660

  7   S&S Construction/                              WND
      Shapell Inds. (14)                             WND
      8383 Wilshire Blvd.
      Beverly Hills 90211

  8   Beazer Homes (7)                               249
      1100 Town & Country, Suite                     WND
      100 Orange 92868

  9   Standard Pacific Corp. (25)                 53.9 (5)
      15326 Alton Parkway                        2036.2 (5)
      Irvine 92618

 10   Shea Homes (8)                                 100
      655 Brea Canyon Road                          1,700
      Walnut 91788

 11   Western Pacific Housing (10)                  116.5
      6701 Center Drive West, Suite                7,070.3
      900 Los Angeles 90045

 12   Curtis Development (16)                        WND
      40925 County Center Drive                      WND
      Temecula 92591

 13   Davidon Homes (24)                             WND
      21570 Birch Canyon Way                         WND
      Santa Clarita 91390

 14   Lee Homes                                      WND
      310 Washington Blvd., Suite                    WND
      P214 Marina del Rey 90292

 15   D.R. Horton Inc. (6) (4)                      236.5
      28009 Smyth Drive                             7,324
      Valencia 91355

 16   Pardee Homes (6)                              $53.2
      10880 Wilshire Blvd., Suite                  $730.1
      1900 Los Angeles 90024

 17   Pacific Communities                           33.5
      Builder Inc.                                   120
      1000 Dove St., Suite 100
      Newport Beach 92660

 18   Anastasi Development                           40
      Corp. (22)                                    same
      1200 Aviation Blvd.
      Redondo Beach 90278

 19   Comstock Homes                                 WND
      321 12th St., Suite 200                        WND
      Manhattan Beach 90266

 20   J.P. Eliopulos                                13.2
      Enterprises Inc.                              same
      2069 W. Ave J-7
      Lancaster 93536

 21   K. Hovnanian Company (20)                     88.3
      2495 Campus Drive                            2,861.8
      Irvine 92626

 22   Putte Home Corp.                               50
      8105 Irvine Center Drive,                     7,000
      Suite 520 Irvine 92618

 23   Montage Development Inc.                       29
      18455 Burbank Blvd., Suite                    same
      308 Tarzana 91356

 24   New Urban West Communities                     WND
      520 Broadway St., Suite 100                    WND
      Santa Monica 90401

 25   Diamond Crest Homes                            73
      17800 Mitchell North                           WND
      Irvine 92614

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

  1   KB Home (1)                     Belmont, East Lancaster; Belmont
      10990 Wilshire Blvd., Seventh    and Lexington, West Lancaster;
      Floor Los Angeles 90024          Belmont and Cambridge, Hasley
                                                    Hills

  2   Greystone Homes/                Pico Canyon, Westridge, Pacific
      Lennar Corp. (11)                 Crest, Stone Crest, Rocking
      24800 Chrisanta Drive            Horse, Stevenson Ranch V & VI,
      Mission Viejo 92691               Alta Vista I & II, Arcadia,
                                              Glendora II & III

  3   Centex Homes (3)                  Montanya Westridge and Bent
      27200 Tourney Road, Suite 200     Canyon Westridge, Valencia;
      Valencia 91355                   The Arbors at Avalon, Carson;
                                            Stone Canyon Reserve

  4   Richmond American Homes (5)         Cobblestone in Palmdale,
      16845 Von Karman, Suite 100         Richmond American Homes--
      Irvine 92606                        Lancaster, Sandstone in
                                      Lancaster, Canyon Collection in
                                               Canyon Country

  5   Forecast Homes (4) (2)            Belle Maison, Lancaster 152,
      3536 Concours St., Suite 100     Portofino Estates, Mint Canyon
      Ontario 91764

  6   John Laing Homes (12)               Daydream, West Palmdale;
      895 Dove St., Suite 200          Tapestry, Playa Vista; Artisan
      Newport Beach 92660                     Square, Pasadena

  7   S&S Construction/               Portofino, Promenade, Renaissance
      Shapell Inds. (14)                and Sorrento Pointe, Porter
      8383 Wilshire Blvd.              Ranch; Cambria, Terraza II and
      Beverly Hills 90211                Tapestry at Rancho Conejo
                                                   Village

  8   Beazer Homes (7)                 Country Club Ridge, Fairways,
      1100 Town & Country, Suite       Greens and Le Reve, Palmdale;
      100 Orange 92868                Tango and Festivo, Santa Clarita

  9   Standard Pacific Corp. (25)        Bridgeport--Valencia; The
      15326 Alton Parkway               Wildwoods, The Sagewoods and
      Irvine 92618                     The Copperwoods--Azusa; Playa
                                      Vista, Esplanade--Marina Del Rey

 10   Shea Homes (8)                    Cypress Point, Paraiso, Mont
      655 Brea Canyon Road                        Calabasas
      Walnut 91788

 11   Western Pacific Housing (10)       Horizons West, Lancaster;
      6701 Center Drive West, Suite    Estrella Vista, Santa Clarita;
      900 Los Angeles 90045                 Tradewinds, Torrance;
                                           Promenade, Playa Vista

 12   Curtis Development (16)                        WND
      40925 County Center Drive
      Temecula 92591

 13   Davidon Homes (24)                Miramonte and Canyon Ridge,
      21570 Birch Canyon Way                    Santa Clarita
      Santa Clarita 91390

 14   Lee Homes                         Aliso Village, Los Angeles;
      310 Washington Blvd., Suite     Pepper Tree Lane, Rolling Hills
      P214 Marina del Rey 90292        Estates; Beau Monde, Hollywood
                                         Hills; Como, Woodland Hills

 15   D.R. Horton Inc. (6) (4)        Santa Clarita: Hidden Knoll, Plum
      28009 Smyth Drive                Canyon, Canyon Gate, Estrella
      Valencia 91355                     Vista; Quartz Hill: Cherry
                                      Blossom; Lancaster: Horizons West

 16   Pardee Homes (6)                 Sunset Heights, Heather Ridge,
      10880 Wilshire Blvd., Suite                Glen Brook
      1900 Los Angeles 90024

 17   Pacific Communities               Pacific Renaissance, Pacific
      Builder Inc.                       Discovery, Pacific Manor,
      1000 Dove St., Suite 100                  Pacific Star
      Newport Beach 92660

 18   Anastasi Development            Sea Breeze, Bay Harbor, Cypress
      Corp. (22)                        Point, Lomita, Village Court
      1200 Aviation Blvd.
      Redondo Beach 90278

 19   Comstock Homes                  Burnet Villas and Lemona Villas,
      321 12th St., Suite 200          North Hills; Sylmar Terraces,
      Manhattan Beach 90266              Sylmar; Promontory Homes,
                                             Promontory Estates

 20   J.P. Eliopulos                     Mirabella, Corinthian Court
      Enterprises Inc.
      2069 W. Ave J-7
      Lancaster 93536

 21   K. Hovnanian Company (20)       Dominguez Hills Village, Carson;
      2495 Campus Drive                 Lancaster, Lancaster; Belle
      Irvine 92626                     Maison, Palmdale; Star Pointe
                                                Ranch, Alton

 22   Putte Home Corp.                               N/A
      8105 Irvine Center Drive,
      Suite 520 Irvine 92618

 23   Montage Development Inc.        Sylmar Village, Plummer Village,
      18455 Burbank Blvd., Suite               Bradley Village
      308 Tarzana 91356

 24   New Urban West Communities              Belcaro, Valencia
      520 Broadway St., Suite 100
      Santa Monica 90401

 25   Diamond Crest Homes                      Mahogany I & II
      17800 Mitchell North
      Irvine 92614

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

  1   KB Home (1)                                 $300,000
      10990 Wilshire Blvd., Seventh                  N/A
      Floor Los Angeles 90024                        N/A

  2   Greystone Homes/                         100,000-250,000
      Lennar Corp. (11)                       $250,000-500,000
      24800 Chrisanta Drive                   $500,000-800,000
      Mission Viejo 92691

  3   Centex Homes (3)                         250,000-399,000
      27200 Tourney Road, Suite 200            400,000-799,000
      Valencia 91355                              800,000+

  4   Richmond American Homes (5)                  200,000
      16845 Von Karman, Suite 100              300,000-500,000
      Irvine 92606                                500,000+

  5   Forecast Homes (4) (2)                   170,000-200,000
      3536 Concours St., Suite 100             234,000-258,000
      Ontario 91764                            309,000-420,000

  6   John Laing Homes (12)                    265,000-335,000
      895 Dove St., Suite 200                  365,000-435,000
      Newport Beach 92660                      600,000-800,000

  7   S&S Construction/                              WND
      Shapell Inds. (14)                             WND
      8383 Wilshire Blvd.                            WND
      Beverly Hills 90211

  8   Beazer Homes (7)                         238,990-274,990
      1100 Town & Country, Suite               262,990-345,990
      100 Orange 92868                         531,990-569,990

  9   Standard Pacific Corp. (25)              350,000-450,000
      15326 Alton Parkway                      450,000-700,000
      Irvine 92618                                   N/A

 10   Shea Homes (8)                               325,990
      655 Brea Canyon Road                         600,990
      Walnut 91788                                1,200,000

 11   Western Pacific Housing (10)             200,000-270,000
      6701 Center Drive West, Suite            375,000-750,000
      900 Los Angeles 90045                          N/A

 12   Curtis Development (16)                        WND
      40925 County Center Drive                      WND
      Temecula 92591                                 WND

 13   Davidon Homes (24)                             WND
      21570 Birch Canyon Way                         WND
      Santa Clarita 91390                            WND

 14   Lee Homes                                      WND
      310 Washington Blvd., Suite                    WND
      P214 Marina del Rey 90292                      WND

 15   D.R. Horton Inc. (6) (4)                     200,000
      28009 Smyth Drive                            350,000
      Valencia 91355                               600,000

 16   Pardee Homes (6)                            $244,990
      10880 Wilshire Blvd., Suite                 $355,490
      1900 Los Angeles 90024                      $412,950

 17   Pacific Communities                      200,000-300,000
      Builder Inc.                             300,000-450,000
      1000 Dove St., Suite 100                       N/A
      Newport Beach 92660

 18   Anastasi Development                         285,000
      Corp. (22)                                   385,000
      1200 Aviation Blvd.                         500,000+
      Redondo Beach 90278

 19   Comstock Homes                                 WND
      321 12th St., Suite 200                        WND
      Manhattan Beach 90266                          WND

 20   J.P. Eliopulos                           219,990-332,990
      Enterprises Inc.                               N/A
      2069 W. Ave J-7                                N/A
      Lancaster 93536

 21   K. Hovnanian Company (20)                100,000-400,000
      2495 Campus Drive                              N/A
      Irvine 92626                                   N/A

 22   Putte Home Corp.                               N/A
      8105 Irvine Center Drive,                      N/A
      Suite 520 Irvine 92618                         N/A

 23   Montage Development Inc.                 250,000-350,000
      18455 Burbank Blvd., Suite                     N/A
      308 Tarzana 91356                              N/A

 24   New Urban West Communities                     WND
      520 Broadway St., Suite 100                    WND
      Santa Monica 90401                             WND

 25   Diamond Crest Homes                          166,097
      17800 Mitchell North                         285,990
      Irvine 92614                                   N/A

Rank  Company (Ranking in 2002)                 Headquarters
      * name
      * address

  1   KB Home (1)                                   same
      10990 Wilshire Blvd., Seventh
      Floor Los Angeles 90024

  2   Greystone Homes/                              Miami
      Lennar Corp. (11)
      24800 Chrisanta Drive
      Mission Viejo 92691

  3   Centex Homes (3)                             Dallas
      27200 Tourney Road, Suite 200
      Valencia 91355

  4   Richmond American Homes (5)                  Denver
      16845 Von Karman, Suite 100
      Irvine 92606

  5   Forecast Homes (4) (2)                        same
      3536 Concours St., Suite 100
      Ontario 91764

  6   John Laing Homes (12)                         same
      895 Dove St., Suite 200
      Newport Beach 92660

  7   S&S Construction/                             same
      Shapell Inds. (14)
      8383 Wilshire Blvd.
      Beverly Hills 90211

  8   Beazer Homes (7)                             Atlanta
      1100 Town & Country, Suite
      100 Orange 92868

  9   Standard Pacific Corp. (25)                   same
      15326 Alton Parkway
      Irvine 92618

 10   Shea Homes (8)                                same
      655 Brea Canyon Road
      Walnut 91788

 11   Western Pacific Housing (10)            Arlington, Texas
      6701 Center Drive West, Suite
      900 Los Angeles 90045

 12   Curtis Development (16)                       same
      40925 County Center Drive
      Temecula 92591

 13   Davidon Homes (24)                            same
      21570 Birch Canyon Way
      Santa Clarita 91390

 14   Lee Homes                                     same
      310 Washington Blvd., Suite
      P214 Marina del Rey 90292

 15   D.R. Horton Inc. (6) (4)                Arlington, Texas
      28009 Smyth Drive
      Valencia 91355

 16   Pardee Homes (6)                              same
      10880 Wilshire Blvd., Suite
      1900 Los Angeles 90024

 17   Pacific Communities                           same
      Builder Inc.
      1000 Dove St., Suite 100
      Newport Beach 92660

 18   Anastasi Development                          same
      Corp. (22)
      1200 Aviation Blvd.
      Redondo Beach 90278

 19   Comstock Homes                                same
      321 12th St., Suite 200
      Manhattan Beach 90266

 20   J.P. Eliopulos                                same
      Enterprises Inc.
      2069 W. Ave J-7
      Lancaster 93536

 21   K. Hovnanian Company (20)                     same
      2495 Campus Drive
      Irvine 92626

 22   Putte Home Corp.                        Bloomfield Hills,
      8105 Irvine Center Drive,                     Mich.
      Suite 520 Irvine 92618

 23   Montage Development Inc.                      same
      18455 Burbank Blvd., Suite
      308 Tarzana 91356

 24   New Urban West Communities                    same
      520 Broadway St., Suite 100
      Santa Monica 90401

 25   Diamond Crest Homes                           same
      17800 Mitchell North
      Irvine 92614

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

  1   KB Home (1)                     Bruce Karatz
      10990 Wilshire Blvd., Seventh   chairman, ceo
      Floor Los Angeles 90024         (310) 231-4000

  2   Greystone Homes/                Jon Jaffe
      Lennar Corp. (11)               v.p., regional president
      24800 Chrisanta Drive           (949) 598-8500
      Mission Viejo 92691

  3   Centex Homes (3)                John Bertero
      27200 Tourney Road, Suite 200   division president
      Valencia 91355                  (661) 288-5777

  4   Richmond American Homes (5)     Robert T. Shiota
      16845 Von Karman, Suite 100     regional president
      Irvine 92606                    (949) 756-7373

  5   Forecast Homes (4) (2)          Jim Rex
      3536 Concours St., Suite 100    regional president
      Ontario 91764                   (909) 483-7320

  6   John Laing Homes (12)           Larry Webb
      895 Dove St., Suite 200         ceo
      Newport Beach 92660             (949) 265-2400

  7   S&S Construction/               Nathan Shapp
      Shapell Inds. (14)              chairman, ceo
      8383 Wilshire Blvd.             (310) 655-7330
      Beverly Hills 90211

  8   Beazer Homes (7)                Jerry Gates
      1100 Town & Country, Suite      regional president
      100 Orange 92868                (714) 285-2900

  9   Standard Pacific Corp. (25)     Stephen J. Scarborough
      15326 Alton Parkway             chairman, ceo
      Irvine 92618                    (949) 789-1600

 10   Shea Homes (8)                  Bert Selva
      655 Brea Canyon Road            ceo, president
      Walnut 91788                    (909) 869-0843

 11   Western Pacific Housing (10)    Rick Coop
      6701 Center Drive West, Suite   division president
      900 Los Angeles 90045           (310) 665-3700

 12   Curtis Development (16)         Bill Kelly
      40925 County Center Drive       sr. v.p. of operations
      Temecula 92591                  (909) 296-1101

 13   Davidon Homes (24)              Tom Comber
      21570 Birch Canyon Way          director
      Santa Clarita 91390             (661) 297-3590

 14   Lee Homes                       Jeff Lee
      310 Washington Blvd., Suite     president
      P214 Marina del Rey 90292       (310) 827-0171

 15   D.R. Horton Inc. (6) (4)        Brad Boe
      28009 Smyth Drive               division president
      Valencia 91355                  (661) 257-3399

 16   Pardee Homes (6)                Michael McGee
      10880 Wilshire Blvd., Suite     president
      1900 Los Angeles 90024          (310) 475-3525

 17   Pacific Communities             Nelson Chung
      Builder Inc.                    president
      1000 Dove St., Suite 100        (949) 660-8988
      Newport Beach 92660

 18   Anastasi Development            Darryl Nyznyk
      Corp. (22)                      president
      1200 Aviation Blvd.             (310) 318-6649
      Redondo Beach 90278

 19   Comstock Homes                  Bob Comstock
      321 12th St., Suite 200         president
      Manhattan Beach 90266           (310) 546-5781

 20   J.P. Eliopulos                  Andrew J. Eliopulos
      Enterprises Inc.                president
      2069 W. Ave J-7                 (661) 942-8481
      Lancaster 93536

 21   K. Hovnanian Company (20)       Nick Pappas
      2495 Campus Drive               president
      Irvine 92626                    (949) 660-1130

 22   Putte Home Corp.                Igor Noriega
      8105 Irvine Center Drive,       area president,
      Suite 520 Irvine 92618          Southern California
                                      (949) 932-4000

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

 24   New Urban West Communities      Steven Gunther
      520 Broadway St., Suite 100     president
      Santa Monica 90401              (310) 394-3379

 25   Diamond Crest Homes             Cathy Larson
      17800 Mitchell North            v.p. operations
      Irvine 92614                    (949) 955-2333

NA--Not Available

WND--Would Not Disclose

N/A--Not Applicable

(1) As of March 31, 2003.

(2) Companywide.

(3) Units closed nationwide, as reported by company. Units closed is
the number of units with escrow closed.

(4) Acquired by K. Hovnanian in January 2002.

(5) Includes joint ventures.

(6) Acquired Western Pacific Housing in February 2002. Figures include
Western Pacific Housing, except L.A. County units sold.

(7) First and second quarter.

Note: Number of units sold in L.A. County was provided by The Meyers
Group. The remaining information was provided by representatives of
the companies themselves.

Researched by Nicole Taylor
COPYRIGHT 2003 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:The List
Comment:Residential real estate developers: ranked by units sold in L.A.
Author:Taylor, Nicole
Publication:Los Angeles Business Journal
Article Type:Illustration
Geographic Code:1U9CA
Date:Aug 18, 2003
Words:3589
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