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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. The company has built 600,000 homes since its founding. [2] It builds homes primarily for first-time home ...
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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.
Karatz was CEO for two decades while KB Home grew revenues from $491 million to $11 billion and annual home deliveries increased from 4,500 homes in 1986 to over 39,000 homes in 2006. In March 2013, Karatz was a recipient of The Malibu Times' 23rd Annual Dolphin Awards. [4] Karatz operates BK Capital LLC based in Beverly Hills, 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.
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In 2003, LGI Homes was founded in The Woodlands, Texas by Thomas Lipar and his son Eric Lipar. [5] [6] LGI Homes primarily focuses on entry-level housing for first-time homebuyers. [7] [8] LGI Homes initially built homes in its home state of Texas. [9] Their first project was a residential development in Conroe called Summerset Estates. [10]
The King William Historic District of San Antonio, Texas was listed on the National Register of Historic Places listings in Bexar County, Texas on January 20, 1972. [1] The area was originally used as farm acreage by the Spanish priests of the Misión San Antonio de Valero, and eventually parceled off for the local indigenous peoples of the area. [2]
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