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Home > Company Index > Real Estate > Residential Construction > William Lyon Homes

William Lyon Homes
NYSE: WLS
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 PROFILE
William Lyon Homes (formerly The Presley Companies) wants to be king of the West Coast's homebuilding jungle. The firm constructs single-family attached and detached homes in Arizona, California, and Nevada (more than three-fourths of its homes sold are in California), but has pulled the plug on its New Mexico operations. The company targets entry-level and move-up buyers, with prices ranging from $96,000 to more than $1 million. The average home price is $289,400. The firm has about 8,300 lots available for development. The company's mortgage unit, Duxford Financial, assists buyers with loans and home financing. Chairman William Lyon and his son William Lyon Jr. own almost 50% of the company.

 COMPETITION
KB Home (KBH)
Lennar Corporation (LEN)
M.D.C. Holdings, Inc. (MDC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 417.30
1-Yr. Sales Growth: (5.2)%
Employees: 509
Revenue per employee: $819,842.83

 KEY PEOPLE
• William Lyon
    CEO
• Michael D. Grubbs
    CFO

 CONTACT INFO
4490 Von Karman Ave.
Newport Beach, CA 92660
US
Phone: 949-833-3600
Fax: 949-476-2178
Online: Web Site

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