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KB Home closed 3,400 homes in the fourth quarter driven by better cycle times, or how long it takes to build a house, and a strong backlog of buyers committed to closing on their home when completed.
KB Home closed 3,375 homes in the third quarter, higher than Bloomberg analysts' expectations of 3,126 homes, but still 6.6% lower year over year. ... It's worth waking up for these breakfast ...
KB Home headquarters in the Westwood district of Los Angeles. KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.
In 1954, Kaufman married Glorya Kaufman (Pinkis). They had four children. Donald and his son-in-law, Eyal Horwitz, both died in a plane crash January 4, 1983. In 1994, Glorya Kaufman, family members, and friends made donations for the construction of the 10,040-square-foot Donald Bruce Kaufman branch of the Los Angeles Public Library in Brentwood, Los Angeles.
Mezger joined KB Home in 1993. [1] [3] From 1999 to 2006, he served as chief operating officer and executive vice president of KB Home.[1] [2] [3] He has served as president and CEO since 2006.
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In May 2015, the company received approval from the Honolulu City Council to begin construction on an 11,750-home planned community in West Oahu, Hawaii. [22] In 2016, the company acquired Wilson Parker Homes for $90 million. [23] In 2017, the company moved its headquarters from Fort Worth, Texas, to Arlington, Texas. [24]
The Fort Worth skyline as viewed from the west. Fort Worth, the 5th-most populous city in the U.S. state of Texas, is home to 50 high-rises, 21 of which stand taller than 200 feet (61 m). [1] The tallest building in the city is the 40-story Burnett Plaza, which rises 567 feet (173 m) in Downtown Fort Worth and was completed in 1983. [2]
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