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April 2002


Articles

2002 Housing’s GIANTS #'s 1-100

The Giant 400

2002 Housing’s GIANTS #'s 101-200

The Giant 400

2002 Housing’s GIANTS #'s 201-300

The Giant 400

2002 Housing’s GIANTS #'s 301-400

The Giant 400

A Creditable Initiative

The Bush administration’s fiscal 2003 budget proposal includes an innovative homeownership tax credit program that would help achieve two national objectives.

Amid High-End Luxury, Builder Offers Affordable Solution

Valhalla, N.Y.-based Spectrum Skanska is delivering homes to New York-area buyers who often are priced out of the market: police officers, firefighters and teachers.

April Fools

Platitudes, vision statements, mission statements, posters, speeches and value statements are meaningless unless action is in place to create trust between employee and employer.

As Online Auctions Grow, eBay Enters the New Home Arena

eBay and Builder Homesite Inc. have partnered to offer builders listing and transaction capabilities on eBay’s Web site.

Bigger, Better, Stronger

Uber-Giants: The 400 largest builders outmuscle an economic slowdown while claiming a larger share of housing’s pie.

Bolstering Their Corps

While the largest Giants use size to their advantage, smaller Giants, many of which compete head-on with the big boys, have learned out of necessity how to keep good people and how to seize unique niches and market opportunities.

Builders Cite Species Variation in the Case Against New Duties on Softwood Lumber

Whether the 29% duties imposed by the Commerce Department on Canadian softwood lumber actually take effect depends on the view taken by the U.S. International Trade Commission in a ruling expected by mid-May.

Building to a Billion and Beyond

With 18 of the top 20 builders traded publicly, this elite group merits a separate discussion not only for the magnitude of their operations and industry leadership, but also because they are, to a degree, aligned around the needs of a different kind o...

Civano Know-How: Water Conservation in the Desert

Civano, an 818-acre, mixed-used community in arid Tucson, Ariz., is living up to its initial billing as one of the most resource-efficient housing developments ever built.

Close My House Today ... or Else!

Florida home builders would have been subject to penalties of as much as $1,000 a day for missing promised delivery dates on new homes under a bill recently introduced by state Sen. Betty Holzendorf, a Jacksonville Democrat.

Consolidation Is Temporary

The contention that the top 20 home builders will soon produce 75% of all new single-family homes is hard to fathom.

Consolidation: Swift and Massive

The question is not if the industry will consolidate, but rather how much and how fast.

Expansion Model: Neumann Homes Inc. (No. 78)

Already a large, well-established builder in the Chicago suburbs, Neumann Homes is hitting the big city.

For Many Homeowners, Income Tax Deductions Will Wane by 2010

With homeownership at a record level of about 68%, a burning question among economists and housing industry watchers is how high it ultimately will go.

From Brownfields to the Emerald Isle: Town & Country Developers Inc. (No. 141)

Town & Country Developers Inc. of Woodcliff Lake, N.J., and its affiliated companies have made headlines by converting brownfields — dormant industrial and commercial sites — into residential communities.

High Volume, High Profit

For the 105 large Giants, bottom-line improvement is linked closely with market strategies dependent on operational efficiencies only dreamed of a decade ago.

Home Buyer Stats

Two-thirds of home buyers surveyed indicated they had 11 or fewer walk-through items.

In My Spare Time

When Lucy Dunn, a lawyer-turned-builder/developer with Irvine, Calif.-based Hearthside Homes, is away from the day-to-day regulatory and entitlement issues she deals with, she sings.

Intersections

There is in the residential construction industry today a lot of information, a lot of competing voices predicting very different futures for home builders, and the combined din is causing a lot of confusion.

Keep It Simple: Astoria Homes LLC (No. 116)

Astoria Homes' Las Vegas growth formula: Deliver quality homes at the best price to a market segment that’s getting left out by everyone else.

Leadership Ensemble Builders Inc.

One of the many things I recently learned from working on a Habitat for Humanity project was how important shared leadership and ownership are to the success of a group project.

Legacy Partners Residential Inc. (No. 56)

This Foster City, Calif.-based multifamily builder shows the power of the apartment sector by landing at No. 56, completing 1,463 rental units in 2001 with a market value of $297.5 million.

Mold: A Growing Concern

From damp Delaware to dry Denver, home builders are struggling with rising risk related to mold.

Rating System Helps Builders Select Air-Cleaning Appliances

The Association of Home Appliance Manufacturers has created the only standard, certified performance measurement of air cleaners with the CADR, or clean air delivery rate.

Respect for Regional Tastes: Palmetto Traditional Homes LLC (No. 251)

The little things that make a home unique to its geographic location make Palmetto Traditional Homes of Columbia, S.C., stand out.

Selling the Great Outdoors

The most frequently neglected aspect in model home merchandising is the one new home shoppers see first — the great outdoors surrounding the new home.

Simpson Housing L.P. (No. 31)

In units, this Denver-based apartment builder is top dog in the rental sector, with 6,181 completions in 2001.

Striking a Balance

Among the 150 companies occupying the middle of the Giant 400 — those with housing revenue of $56 million to $145 million — are market leaders experiencing high levels of throughput and a good return on assets.

Tarragon Realty Investors (No. 70)

Publicly traded Tarragon, based in New York City but concentrating its operations mostly in Florida, made one of the biggest moves on the Giants list, rocketing from No. 285 last year to 70.

Transform a Front Stoop Into an Entry Court

A few details can turn an ordinary front door into an entry court, says Paul Campbell, AIA, of Kephart Architects in Denver.

Wood Partners (No. 58)

A new entry on PB’s GIANTS list, this Marietta, Ga.-based apartment builder checks in at No. 58 after beginning operations in 1998 as a spinoff from Trammell Crow Residential, the apartment building behemoth.
 

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