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  September 5, 2001
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Home > Company Index > Real Estate > Real Estate Development > California Coastal Communities, Inc.

California Coastal Communities, Inc.
Nasdaq: CALC
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 PROFILE
You'd think the owner of the last undeveloped strip of coastal property in Orange County had a license to print money. But California Coastal Communities' Signal Landmark subsidiary owns property including important wetlands in Bolsa Chica, so environmental groups have opposed the company's plan to build over them. Legal wrangling drove the firm into bankruptcy, from which it emerged in 1997. It raised money to continue the fight with the 1998 sale of its commercial real estate unit; a gated golf community and a residential development in the San Diego area keep the company afloat. The company also owns Hearthside Homes, a homebuilder with interests in a 1200-home project in Aliso Viejo, California.

 COMPETITION
The Corky McMillin Companies (dossier)
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The Irvine Company Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 23.00
1-Yr. Sales Growth: 22,900.0%
Employees: 40
Revenue per employee: $575,000.00

 KEY PEOPLE
• Raymond J. Pacini
    CEO
• Sandra G. Sciutto
    CFO

 CONTACT INFO
6 Executive Circle, Ste. 250
Irvine, CA 92614
US
Phone: 949-250-7700
Fax: 949-250-7705

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