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Kaufman & Broad Still No. 1

27th Survey of Residential Building

March 15, 1998

The race is getting closer, but Kaufman & Broad Home Corp. is the Southland's largest home builder for the fifth year in a row, according to The Times' 27th annual Survey of Residential Building in Southern California.

K & B built 2,117 single-family homes, 179 apartments and 44 condos in Southern California in 1997, generating $409 million in revenue.

The No. 2 builder, Lennar Homes, built 1,296 houses and reported revenue of $374.9 million, only $34.1 million behind K & B. Last year's No. 2, Pardee, was $148.3 million behind K & B.

A total of 90 companies participated in the voluntary survey of home-building in Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura, Santa Barbara and Kern counties.

*

The survey was administered and the results were tabulated by Irene Vasquez.

*

(1) Firm reporting on fiscal-year basis.

(2) Not reported.

(3) Not applicable.

(BEGIN TEXT OF INFOBOX / INFOGRAPHIC)

BUILDING LEADERS

1997 Rank: 1

Company: Kaufman & Broad Home Corp. (1)

City, Key officer: Los Angeles, Bruce Karatz

- Sales in millions

1997 Volume: $409.0

1998 Projection: $469.6

Total: 2,340

- Units constructed in 1997

Single-family: 2,117

Condos: 44

Apts.: 179

- Year-End Inventory: 87

*

1997 Rank: 2

Company: Lennar Homes

City, Key officer: Mission Viejo, Jon Jaffe

- Sales in millions

1997 Volume: 374.9

1998 Projection: (2)

Total: 1,296

- Units constructed in 1997

Single-family: 1,296

Condos: 0

Apts.: 0

- Year-End Inventory: 19

*

1997 Rank: 3

Company: Lewis Homes Group of Cos.

City, Key officer: Upland, Richard A. Lewis

- Sales in millions

1997 Volume: 367.2

1998 Projection: 378.0

Total: 1,248

- Units constructed in 1997

Single-family: 1,248

Condos: 0

Apts.: 0

- Year-End Inventory: 41

*

1997 Rank: 4

Company: Pardee Construction Co.

City, Key officer: Los Angeles, David E. Landon

- Sales in millions

1997 Volume: 363.6

1998 Projection: 476.5

Total: 1,036

- Units constructed in 1997

Single-family: 1,468

Condos: 108

Apts.: 324

- Year-End Inventory: 7

*

1997 Rank: 5

Company: Shea Homes

City, Key officer: Walnut, Roy Humphreys

- Sales in millions

1997 Volume: 357.6

1998 Projection: 488.6

Total: 790

- Units constructed in 1997

Single-family: 790

Condos: 0

Apts.: 0

- Year-End Inventory: 18

*

1997 Rank: 6

Company: California Pacific Homes (1)

City, Key officer: Irvine, Cary Bren

- Sales in millions

1997 Volume: 299.6

1998 Projection: 175.9

Total: 779

- Units constructed in 1997

Single-family: 726

Condos: 53

Apts.: 0

- Year-End Inventory: 0

*

1997 Rank: 7

Company: Standard Pacific Corp.

City, Key officer: Costa Mesa, Stephen J. Scarborough

- Sales in millions

1997 Volume: 285.0

1998 Projection: 375.0

Total: 916

- Units constructed in 1997

Single-family: 798

Condos: 118

Apts.: 0

- Year-End Inventory: 116

*

1997 Rank: 8

Company: Centex Homes

City, Key officer: Irvine, Roland F. Osgood

- Sales in millions

1997 Volume: 246.0

1998 Projection: 280.9

Total: 1,233

- Units constructed in 1997

Single-family: 1,231

Condos: 2

Apts.: 0

- Year-End Inventory: 8

*

1997 Rank: 9

Company: Warmington Homes California

City, Key officer: Costa Mesa, Timothy P. Hogan

- Sales in millions

1997 Volume: 198.1

1998 Projection: 184.0

Total: 648

- Units constructed in 1997

Single-family: 648

Condos: 0

Apts.: 0

- Year-End Inventory: 7

*

1997 Rank: 10

Company: Ryland

City, Key officer: San Diego, Chris Beucler/Santa Ana, Horace Hogan

- Sales in millions

1997 Volume: 194.9

1998 Projection: (2)

Total: 941

- Units constructed in 1997

Single-family: 941

Condos: 0

Apts.: 0

- Year-End Inventory: 0

*

1997 Rank: 11

Company: Western Pacific Housing (1)

City, Key officer: El Segundo, Craig Manchester

- Sales in millions

1997 Volume: 185.0

1998 Projection: 210.0

Total: 915

- Units constructed in 1997

Single-family: 655

Condos: 260

Apts.: 0

- Year-End Inventory: 25

*

1997 Rank: 12

Company: Richmond American Homes of CA Inc.

City, Key officer: Irvine, Robert T. Shiota

- Sales in millions

1997 Volume: 161.0

1998 Projection: 225.0

Total: 717

- Units constructed in 1997

Single-family: 717

Condos: 0

Apts.: 0

- Year-End Inventory: 42

*

1997 Rank: 13

Company: Taylor Woodrow Homes

City, Key officer: Laguna Hills, Richard Pope

- Sales in millions

1997 Volume: 160.0

1998 Projection: 170.0

Total: 339

- Units constructed in 1997

Single-family: 339

Condos: 0

Apts.: 0

- Year-End Inventory: 0

*

1997 Rank: 14

Company: Presley Cos., the

City, Key officer: Newport Beach, Wade H. Cable

- Sales in millions

1997 Volume: 142.1

1998 Projection: 204.0

Total: 753

- Units constructed in 1997

Single-family: 605

Condos: 148

Apts.: 0

- Year-End Inventory: 46

*

1997 Rank: 15

Company: Forecast Group, L.P. (1)

City, Key officer: Rancho Cucamonga, James P. Previti

- Sales in millions

1997 Volume: 133.0

1998 Projection: 173.0

Total: 901

- Units constructed in 1997

Single-family: 901

Condos: 0

Apts.: 0

- Year-End Inventory: 13

*

1997 Rank: 16

Company: Fieldstone Communities/Cypress Homes Inc.

City, Key officer: Newport Beach, Keith A. Johnson

- Sales in millions

1997 Volume: 127.0

1998 Projection: 141.0

Total: 535

- Units constructed in 1997

Single-family: 535

Condos: 0

Apts.: 0

- Year-End Inventory: 13

*

1997 Rank: 16

Company: William Lyon Homes Inc.

City, Key officer: Newport Beach, William Lyon

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