Brookfield Homes Corporation
12865 Pointe Del Mar, Ste. 200
Del Mar, CA, United States
“In Their Own Words”
Brookfield Homes operates in five local markets areas: San Francisco Bay Area, Southland/Los Angeles, San Diego/Riverside, and Sacramento in California, and the Washington D.C. Area; each with a team of professionals who understand the needs of their consumers and actively participate in the local community.
Brookfield Homes has been building homes in these markets since the mid-1990's as a wholly owned subsidiary of Brookfield Properties Corporation (www.brookfieldproperties.com). Brookfield Homes was spun-off from Brookfield Properties on January 6, 2003 as a separate public company traded on the New York Stock Exchange (BHS).
Last year Brookfield Homes ranked within the top twenty largest homebuilders.
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Company Information from Hoover's
Brookfield Homes builds you up as the master of your own domain. A spinoff of Brookfield Properties, the land developer and homebuilder designs and constructs single- and multi-family homes for move-up and luxury buyers. Its homes average about $660,000 and are located in master-planned communities in Los Angeles, Riverside, San Diego, Sacramento, San Francisco Bay Area, and Washington, DC. The company entitles and develops land for its own properties and also sells lots to third-party homebuilders. Through Brookfield Asset Management Inc., chairman J. Bruce Flatt and president and CEO Ian Cockwell own around 60% of the company.
Key Numbers
| Company type |
Public |
| Fiscal Year-End |
December |
| 2007 Sales (mil.) |
$583.3 |
| 1-year Sales Growth |
(34.3%) |
| 2007 new Income (mil.) |
$15.6 |
| 1-year Net Income Growth |
(89.5%) |
| 2006 Employees |
591 |
| 1-Year Employee Growth |
(7.1%) |
Key People
| Chairman; Managing Partner and CEO, Brookfield Asset Management |
J. Bruce Flatt |
| President, CEO, and Director |
Ian G. Cockwell |
| EVP and CFO |
Paul G. Kerrigan |
Key Competitors
More information at Hoovers.com
Profile information about Brookfield Homes Corporation ©2007
Hoover's, Inc.
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