BAD NEWS BUILDERS: Since the Builder 100 closed 3,948 fewer homes in 2006 than 2005, it should come as no surprise that a number of the country's top 100 builders saw their closings decline this year. So how many saw their closings fall? Fort-eight members of the Builder 100, while 35 saw their revenues fall off this year. Above are the companies on the Builder 100 that fell off the most. Those falling to the Next 100 were not included.
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Builder Pulse
John McManus is an award-winning editorial director for the Residential Construction Group at Hanley Wood in Washington, D.C. In addition to the BUILDER digital, print, and in-person editorial and programming portfolio, the group includes strategic content direction for AFFORDABLE HOUSING FINANCE, APARTMENT FINANCE TODAY, CUSTOM HOME, EcoHome, MULTIFAMILY EXECUTIVE, and residential architect.
Standard Pacific released first-quarter earnings post market close last night that beat Wall Street analysts' posted predictions. After a near brush with death in 2008, and life-support from MatlinPatterson's real estate funds, Standard Pacific's strategic, operational, and tactical planning and execution are playing well in what continues to be an adverse market environment in most of its competitive arenas.
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