PROFILE |
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Shapell Industries has shaped its business around constructing homes for Californians. The real estate development firm builds luxury townhouses and single-family homes priced as high as $900,000 or more in Northern and Southern California. Shapell, which has built more than 60,000 homes, also provides in-house financing for its customers. Originating in 1955 as S&S Construction Company, the company was founded by Nathan Shapell, his brother David, and brother-in-law Max Webb. A Holocaust survivor, Nathan Shapell constructed homes for displaced Jews after WW II before he moved to the US. Nathan Shapell is the firm's chairman and CEO, as well as its majority shareholder; Webb is still a partner.
COMPETITION |
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Barratt Developments PLC (BDEV)
Toll Brothers, Inc. (TOL)
William Lyon Homes (WLS)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 575.00
1-Yr. Sales Growth: 3.8%
Employees: 400
Revenue per employee: $1,437,500.00
KEY PEOPLE |
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Nathan Shapell
CEO
Margaret Leong
CFO
CONTACT INFO |
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8383 Wilshire Blvd., Ste. 700
Beverly Hills, CA 90211
US
Phone: 323-655-7330
Fax: 323-651-4349
Online: Web Site
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