Advertisement
YOU ARE HERE: LAT HomeCollectionsKaufman Broad Home Corp
IN THE NEWS

Kaufman Broad Home Corp

BUSINESS
May 26, 1991
Bruce Karatz of Kaufman & Broad Home Corp. saw his pay drop from $3 million in 1989 to $1.8 million in 1990--a $1.18 million decline. Second-biggest pay cut will go to Christopher Gibbs, J. M. Peters Co., whose compensation fell from $2.9 million to $1.8 million.
Advertisement
BUSINESS
March 13, 1998 | Jesus Sanchez
Los Angeles-based Kaufman & Broad Home Corp. has agreed to buy Estes Homebuilding Co. for $47 million. The acquisition would mark the third time Kaufman has purchased a home builder in recent weeks, as the firm seeks to build up its share of sales in major Western markets. Tucson-based Estes is expected to produce 850 homes in Tucson and Phoenix this year and generate $100 million in revenue, Kaufman said. Family-operated Estes owns and controls 2,600 building lots in the two Arizona cities.
Los Angeles Times Articles
|