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

Oriole Homes Corp.
AMEX: OHC
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 PROFILE
The only oriole you'll find in southeast Florida is Oriole Homes, which builds single-family homes, patio homes, townhomes, villas, duplexes, and low- and mid-rise condominiums in planned communities, principally in southeast and central Florida. More than 90% of the company's revenues result from sales in communities exclusively for "active adults" (age 55 and over). Oriole Homes delivers about 550 homes per year, and home prices for the firm's active adult communities range from $100,000 to $205,000. Cash sales make up more than 50% of home and condominium purchases in this market. Other homes range in price from $100,000 to $450,000, with an average price of $163,700.

 COMPETITION
Del Webb Corporation (dossier)
Hovnanian Enterprises, Inc. (HOV)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 92.90
1-Yr. Sales Growth: 16.9%
Employees: 129
Revenue per employee: $720,155.04

 KEY PEOPLE
• Richard D. Levy
    CEO
• Joseph Pivinski
    CFO

 CONTACT INFO
1690 S. Congress Ave. , Ste.200
Delray Beach, FL 33445
US
Phone: 561-274-2000
Fax: 561-274-0066
Online: Web Site

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