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[1] [3] He also serves on the executive board of the Lusk Center for Real Estate at the University of Southern California and on the policy advisory board of the Fisher Center for Real Estate & Urban Economics at the University of California, Berkeley. [3] [4] [6] In 2010, Builder Magazine honored Mezger with its "CEO of the Year" award. [7]
This revenue figure is down from 2005 (at the height of the real estate boom), when the company delivered close to 40,000 homes and had more than $9 billion in revenue. In 2016 KB Home settled a multi-million dollar lawsuit with the Florida Attorney General's Office for shoddy and defective construction repairs on homes that were built wrong in ...
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.
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In 2016, for tax purposes, the company converted into a real estate investment trust. [9] The company also sold its stake in the Brooklyn Nets and the Barclays Center to Mikhail Prokhorov , [ 10 ] sold its military housing division to Hunt Companies for $208.8 million, [ 11 ] sold Terminal Tower to K&D Group for $38.5 million, [ 12 ] and sold 7 ...
Donald Trump will be assuming the office of U.S. president on Jan. 20, 2025, and his return to the role could usher in a wide variety of economic changes. Trump has promised to lower taxes, reduce ...
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