Bruce Karatz
Bruce Karatz
Bruce Karatzis an American businessman and philanthropist. He is noted for his role as Chairman and CEO of KB Home, and for his philanthropic efforts to help re-build both Los Angeles after the L.A. Riots and New Orleans following Hurricane Katrina. During the 20 years Karatz served as CEO, KB Home grew revenues from $491 million to $11 billion and grew annual home deliveries from 4,500 homes in 1986 to over 39,000 homes in 2006. Karatz now operates BK Capital...
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Nationally, it is clear that some housing markets have moderated from the over-heated and, in some cases, speculative pace of growth of the past few years. In our view, this tempering of demand to more sustainable long-term levels is a healthy trend for our company and the industry. There are signs of cooling in the hottest markets on both coasts and a shift in investor activity from buying to selling, resulting in less demand and increased supply in certain markets. Once these factors work their way through current housing supplies, however, we expect the market to move to a new equilibrium which will provide a platform for continuing and sustainable growth by KB Home. With this outlook and our healthy first-quarter performance, we feel confident in maintaining our earnings estimate of $11.25 per diluted share for 2006.
grab home houses inspired martha name throw
It is not Martha Stewart's home. It is a home inspired by one of Martha's homes. At the same time, we didn't just grab her and throw her name on some houses that we built.
entities guess hate living second
I hate to second guess those on the ground, living with it every day. But the institutions and entities (in New Orleans) have not been able to get much going on the residential side.
grab home houses inspired martha name throw
It is not Martha Stewart's home, ... It is a home inspired by one of Martha's homes. At the same time, we didn't just grab her and throw her name on some houses that we built.
reality vision together
This is a vision Kaufman and Broad shares with Henry Cisneros, and together we have the resources and expertise to make vital new neighborhoods a reality.