Standard Pacific Homes is one of the nation’s largest new home builders with new home communities and homes for sale in 8 states throughout the U.S. The builder began building new homes in 1966, and was incorporated in Delaware in 1991; the Standard Pacific Homes’ corporate offices are located in Irvine, California. At the end of ‘08, Standard Pacific Homes had approximately 1,300 employees, which was about 600 fewer than year-end ‘07. Shares of Standard Pacific Homes are traded on the New York Stock Exchange (NYSE) under ticker symbol SPF.
Over the past four decades, Standard Pacific Homes has delivered more than 106,000 new homes in California, Florida, Arizona, the Carolinas, Texas, Colorado and Nevada. The builder is “dedicated to offering the utmost in new home choice, quality, and value”; and works hard to exceed the expectations of their homebuyers.
Standard Pacific builds single-family homes, attached homes, detached homes, paired homes, condominiums and townhomes starting in the low $100s and exceeding $2 million; these homes range from 1,100 to over 6,000 square feet.
The largest majority (38%) of Standard Pacific’s home deliveries in 2008 were in California markets, followed by Florida (18%). In addition to building new homes, Standard Pacific offers homebuyers new home financing and title services through Standard Pacific Mortgage and SPH Title.
Quick Facts about Standard Pacific Homes
- President and CEO: Kenneth L. Campbell III
- Stock Ticker: SPH
- 2008 revenue from homebuilding: – $1.54 billion
- 2008 net Income from homebuilding: – ($1.2 billion)
- 2008 home closings: 4,607
- 2007 home closings: 6,918
- Reach: 8 states
Learn more about Standard Pacific Homes at www.StandardPacificHomes.com
Sources:
Standard Pacific Homes Annual Report 2008
www.StandardPacificHomes.com
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