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BUSINESS
November 29, 1991 | JOHN O'DELL, TIMES STAFF WRITER
A 73-acre swatch of vacant residential land in the hills overlooking the Pacific Ocean here is set to be sold in a foreclosure auction Dec. 20 unless the former owner comes up with $32.5 million in principal, interest and penalties. But the former owner, Denver-based Richmond American Homes, doesn't want the property, which it turned back to its lender in 1990.
BUSINESS
November 29, 1991 | JOHN O'DELL, TIMES STAFF WRITER
A 73-acre swatch of vacant residential land in the hills overlooking the Pacific Ocean here is set to be sold in a foreclosure auction Dec. 20 unless the former owner comes up with $32.5 million in principal, interest and penalties. But the former owner, Denver-based Richmond American Homes, doesn't want the property, which it turned back to its lender in 1990.
REAL ESTATE
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.
REAL ESTATE
April 11, 1999
BUILDING LEADERS 1998 Rank: 1 Company: Kaufman & Broad Home Corp.* City, Key Officer: Los Angeles, Bruce Karatz Sales in millions, 1998 Volume: $498.0 Sales in millions, 1999 Projection: $700.0 Total units constructed in 1998: 2,350 Single Family Units constructed in 1998: 2,350 Condos constructed in 1998: 0 Apts. constructed in 1998: 0 Year End Inventory: 103 * 1998 Rank: 2 Company: Pardee Construction Co. City, Key Officer: Los Angeles, David E. Landon Sales in millions, 1998 Volume: $435.
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