PROFILE |
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Targeting growing home markets isn't a new angle, but it's a good angle for Engle Homes. The company, an indirect, wholly owned subsidiary of Greek construction company Technical Olympic, designs, builds, and sells condominiums, detached single-family homes, patio homes, townhomes, and estate homes. Prices range from $90,000 to more than $400,000; average selling price is $222,000. The builder targets entry-level and move-up buyers, as well as retirees and second-home buyers. Engle operates throughout Florida and in Atlanta, Dallas, Denver, Phoenix, and the Virginia suburbs of Washington, DC. The company also offers mortgage services to buyers in all markets and offers title services in Colorado, Florida, and Texas.
COMPETITION |
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Centex Corporation (CTX)
Pulte Homes, Inc. (PHM)
The Ryland Group, Inc. (RYL)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: October
2000 Sales (mil.): 844.00
1-Yr. Sales Growth: 13.8%
Employees: 910
Revenue per employee: $927,472.53
KEY PEOPLE |
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Alec Engelstein
CEO
David Shapiro
CFO
CONTACT INFO |
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123 NW 13th St.
Boca Raton, FL 33432
US
Phone: 561-391-4012
Fax: 561-750-6945
Online: Web Site
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