Beazer Homes USA, Inc., a diversified homebuilding company, designs, sells, and builds single-family and multi-family homes. The company has active operations in 16 states within 3 geographic regions in the United States: West, East and Southeast. West includes Arizona, California, Nevada, and Texas states; East includes Indiana, Maryland/Delaware, New Jersey/Pennsylvania/New York, 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 various price points across various demographic segments and are offered for sale in advance of their construction. As of September 30, 2014, excluding models, the company had 1,467 homes at various stages of completion of which 1,011 were under contract and 456 homes (205 were substantially completed and 251 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. Business Strategy The company has developed a long-term business strategy which focuses on the following elements in order to provide a range of homebuyers with quality homes while maximizing returns on invested capital over the course of a housing cycle: 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 the second and third fiscal quarters and increased closings in the third and fourth fiscal quarters. Sales and Marketing The company makes extensive use of online and traditional advertising vehicles and other promotional activities, including Internet Website (www.beazer.com), mobile site (m.beazer.com), real estate listing sites, search engine marketing, social media, brochures, direct marketing and directional billboards located in the immediate areas of developments. In connection with these marketing vehicles, the company has registered or applied for registration of trademarks and Internet domain names, including Beazer Homes for use in its business. As of September 30, 2014, the company maintained and owned 214 model homes. It sells homes through commissioned new home sales counselors (who typically work from the sales offices located in the model homes used in the subdivision), as well as through independent brokers. Regulations In order to provide homes to homebuyers qualifying for FHA-insured or 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, forms of policies and premiums. History Beazer Homes USA, Inc. was founded in 1985.
beazer homes usa inc (BE4A:Frankfurt)
1000 Abernathy Road
Atlanta, GA 30328
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