WL Homes LLC
895 Dove St., Ste. 200
Newport Beach, CA, United States
“In Their Own Words”
Our roots in homebuilding date back to 1848, when James Laing, John's father, built his first home in the English countryside. After becoming one of Great Britain's most respected builders, John Laing Homes entered the United States market in 1984. WL Homes LLC was formed in April 1998 when John Laing Homes merged with Watt Homes, becoming one of nation's largest homebuilders.
Soon after, a deciding moment determined the future path of John Laing Homes. When faced with the option to become a publicly traded company, we chose to remain private. As our reputation for delivering the best new home experience grew, so did the company. In 2006, we partnered with Dubai-based Emaar Properties, one of the world's largest global real estate development companies.
Now, as one of the largest privately held homebuilders in the U.S. backed by the strength of a world-leading company, we possess both the resources and the flexibility to respond to the particular needs of our customers, our markets and our industry with greater agility and insight than our more institutional counterparts.
Today, WL Homes LLC operates 11 divisions in California and Colorado under the name John Laing Homes. We consistently earn top industry rankings in architectural design, construction excellence, customer care, and, most importantly, overall homebuyer satisfaction.
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Company Information from Hoover's
By 1900 and 98, WL Homes was building in the lower 48. The company, with a foundation dating back to 1848 and doing business as John Laing Homes, is one of the largest homebuilders in the Southwest. John Laing Homes builds homes for first-time to luxury homebuyers. The company sells more than 2,200 homes a year and offers financing through JLH Mortgage; it has about a dozen offices in Arizona, California, Colorado, and Texas. WL Homes was created from the 1998 merger of the UK's John Laing Homes and Watt Homes in the US. Dubai-based Emaar Properties acquired WL Homes in 2006. The following year, CEO Larry Webb was named Housing Giant's inaugural CEO of the Year.
Key Numbers
| Company type |
Subsidiary |
| Fiscal Year-End |
December |
| 2006 Sales (mil.) |
$1,600.0 |
| 1-year Sales Growth |
6.7% |
| new Income (mil.) |
|
| 1-year Net Income Growth |
|
| Employees |
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| 1-Year Employee Growth |
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Key People
| CEO |
H. Lawrence (Larry) Webb |
| CFO |
Wayne J. Stelmar |
| VP Land Development, Inland Empire, CA |
Tim Jones |
Key Competitors
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Profile information about WL Homes LLC ©2007
Hoover's, Inc.
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