The New Home Company

Develops residential real estate in California.

2015 9-Month Revenue Revenue:
$235.5 M
Industry:
Real Estate
Location:
Aliso ViejoCA 
Founded:
2009
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 Photo Credit: Peter Cooper

Larry Webb, Wayne Stelmar, Joseph Davis, and Tom Redwitz founded their real estate development business, the New Home Company, in August 2009, just as the U.S. housing market was beginning on the long road to recovery from the recession of the previous two years. New Home Company designs and builds homes across California and Arizona, and says the key to its success has been its knowledgeable management team (each of the co-founders has at least 20 years experience in the real estate business). But operating mostly in California has its risks--should the local economy take a hit, New Home Company could find itself in a crisis of its own. To protect itself against a downturn, the company says that it is taking a "disciplined" approach to acquiring land for new developments. Note: employee count as of Dec. 31, 2015

MORE COMPANY INFORMATION

Website:
nwhm.com