Beazer Homes USA, Inc. engages in designing, selling, and constructing single-family and multi-family homes. The company has operations in 13 states within 3 geographic regions in the United States, such as the West, East, and Southeast. West includes Arizona, California, Nevada, and Texas states; East includes Indiana, Maryland/Delaware, Tennessee, and Virginia states; and Southeast includes Florida, Georgia, North Carolina, and South Carolina states. The company’s homes are designed to appeal to homeowners at different price points across various demographic segments and are generally offered for sale in advance of their construction. As of September 30, 2015, excluding models, the company had 1,860 homes at various stages of completion, of which 1,332 were under contract and 528 homes (128 were completed and 400 under construction) were not under a sales contract, either because the construction of the home was begun without a sales contract or because the original sales contract had been canceled. Marketing and Sales The company makes use of digital and traditional marketing vehicles and other promotional activities, including its Website (www.beazer.com), mobile site (m.beazer.com), real estate listing sites, online advertising (including search engine marketing and display advertising), social media, brochures, direct marketing, and out-of-home advertising (including billboards and signage) located in the immediate areas of the company’s developments, as well as additional activities. In connection with these marketing vehicles, the company has registered or applied for registration of trademarks and Internet domain names, including Beazer Homes and Choice Plans, for use in the company’s business. As of September 30, 2015, the company maintained and owned 271 model homes. The company’s homes are customarily sold through commissioned new home sales counselors (who work from the sales offices located in the model homes used in the subdivision), as well as through independent brokers. Business Strategy The company has developed a long-term business strategy that focuses on various elements to provide a range of homebuyers with quality homes, such as geographic diversification in growth markets; diversity of product offerings; differentiated process; consistent use of national brand; operational scale efficiencies; and balanced land policies. Seasonality The company’s homebuilding operating cycle generally reflects higher levels of new home order activity in its second and third fiscal quarters (year ended September 2015) and increased closings in its third and fourth fiscal quarters. Government Regulation and Environmental Matters To provide homes to homebuyers qualifying for Federal Housing Administration (FHA)-insured or Veterans Affairs (VA)-guaranteed mortgages, the company must construct homes in compliance with FHA and VA regulations. These laws and regulations include provisions regarding operating procedures, investments, lending and privacy disclosures and premiums. History Beazer Homes USA, Inc. was founded in 1985. The company was incorporated in Delaware in 1993.
beazer homes usa inc (BE4A:Frankfurt)
1000 Abernathy Road
Atlanta, GA 30328
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