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Home > Company Index > Real Estate > Residential Construction > Newmark Homes Corp.

Newmark Homes Corp.
Nasdaq: NHCH
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 PROFILE
On its mark, home builder Newmark Homes is targeting move-up buyers relocating primarily in high-growth areas in Florida, North Carolina, Tennessee, and Texas. Marketed under the Newmark and Westbrooke brands, its standard homes cost between $140,000 and $400,000 and range in size from 1,700 sq. ft. to 4,500 sq. ft. In addition, Newmark makes custom homes under the Fedrick, Harris Estate Homes name that cost more than $1 million. To target empty-nest buyers, the company has created Marksman Homes, which builds homes that average at $150,000. Greek construction firm Technical Olympic owns 80% of Newmark Homes, which is considering a combination with Technical Olympic's Engle Homes unit.

 COMPETITION
Centex Corporation (CTX)
D.R. Horton, Inc. (DHI)
KB Home (KBH)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 640.50
1-Yr. Sales Growth: 30.3%
Employees: 543
Revenue per employee: $1,179,558.01

 KEY PEOPLE
• Lonnie M. Fedrick
    CEO
• Terry C. White
    CFO

 CONTACT INFO
1200 Soldiers Field Dr.
Sugar Land, TX 77479
US
Phone: 281-243-0100
Fax: 281-243-0123
Online: Web Site

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