NO.7 The Ryland Group
USINFO | 2013-11-05 13:38

               

CEO:Larry T. Nicholson         
Web:www.ryland.com
Activity
Closings: 2012   4,809
Revenue: 2012   $1,308 (in millions)
Regions:Midwest, Northeast, South, Southwest, West
Building the American dream is home sweet home for The Ryland Group. The homebuilder, founded by James Ryan and Bob Gaw in 1967, constructs single-family detached homes, as well as attached condominiums for entry-level, first- and second-time move-up, and retired buyers. Ryland has constructed more than 295,000 homes in hundreds of communities around the US. The average price for a Ryland Home is around $250,000. The company offers services that span the homeownership process. Homebuyers can select custom home finishes at a My Style Design Center. The group also provides mortgage financing, title and escrow, and insurance services.
Ryland Homes takes pride in more than 45 years of building new homes for customers around the country. They offer truly livable home designs in vibrant communities with distinguished schools and amenities that complement your new home. With longstanding national strength, Ryland Homes is recognized as a leading homebuilder in energy efficiency and known for providing outstanding quality.
Ryland Homes is the United States' 7th-largest developer and new home-builder. The builder, based in Westlake Village, California, has built over 300,000 homes across the United States since its inception, focusing primarily on first-time homebuyers and first- and second-time move up buyers.Ryland currently builds in 17 states and the District of Columbia.
In addition to its homebuilding segment, Ryland's other business unit is RMC Mortgage Corp. which specializes in financial services such as consumer mortgages, homeowner's insurance, title, and escrow services
History
James P. Ryan left Pittsburgh, Pennsylvania-based Ryan Homes in 1967 to form the James P. Ryan Company, and the new company became the first and largest builder in the planned community of Columbia, Maryland. Subsequent developments were launched in Baltimore, Reston, and Houston during the 1960s.
In 1970, Ryan noticed a "Maryland" sign with the initial "M" and "A" covered, and shortly thereafter the company changed its legal name to The Ryland Group, Inc. Ryland made its initial public offering in 1971 Ryland had continued its national expansion during the 1970s, and by 1977 had reached the 10,000-home milestone by expanding into Georgia, Pennsylvania and Delaware, while deepening its market penetration in Texas and Virginia.
Ryland acquired Cincinnati, Ohio-based Crest Communities in 1978, a company led by James Ryan's younger brother William Ryan

 

 

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