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There's no doubt about it: Homebuilders have exceeded expectations this year.Take, for example, KB Home, which recorded net home sales of 3,936 in the three-month period ending on May 31. This ...
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New year, new outlook. KB Home closed 3,400 homes in the fourth quarter driven by better cycle times, or how long it takes to build a house, and a strong backlog of buyers committed to closing on ...
KB Home was founded in Detroit in 1956 by Donald Bruce Kaufman and Eli Broad. [3] Their first venture together was the construction of two model homes in the Northeast Detroit suburbs, where a new generation of first-time home buyers were flocking. [3]
Kaufman & Broad is a publicly traded real estate development and construction company headquartered in Neuilly-sur-Seine, France. [1] It was a subsidiary of the American homebuilding company KB Home until May 2007, when it was sold to the private equity firm PAI Partners for 601 million euros (812 million dollars). [3]
In 1954, Kaufman married Glorya Kaufman (Pinkis). They had four children. Donald and his son-in-law, Eyal Horwitz, both died in a plane crash January 4, 1983. In 1994, Glorya Kaufman, family members, and friends made donations for the construction of the 10,040-square-foot Donald Bruce Kaufman branch of the Los Angeles Public Library in Brentwood, Los Angeles.