William Lyon Homes Enters Houston Market

NEWPORT BEACH, Calif.–William Lyon Homes (the “Company”), a leading homebuilder in the Western U.S., announces it will be expanding its Texas operations by entering into the Houston market.

Jennifer Keller, a highly-experienced homebuilder/developer-operator, and a Houston resident for 26 years, has joined the William Lyon Homes team and will serve as the new Division President to lead its newest operating division in Houston, Texas.

Matthew R. Zaist, the Company’s President and Chief Executive Officer said, “We believe that the Houston market with its strong economy and relative affordability, support strong long-term fundamentals that are consistent with our company’s growth strategy. We are thrilled to welcome Jennifer. We believe her extensive knowledge of the Houston market along with her winning track record and stellar reputation, will give us the right leadership to create an excellent organic growth platform.”

Throughout her homebuilding career, Ms. Keller has gained invaluable experience across a broad range of disciplines including: land acquisition, land development, market analysis, financial analysis, product strategy, land development engineering, and water resources engineering. Before joining William Lyon Homes, Ms. Keller enjoyed numerous successes in her roles as both President and Chief Operating Officer at Land Tejas, one of the Houston area’s most prolific developers of master-planned communities, and served as Senior Vice President of the Houston Division of KB Home.

Mr. Zaist concluded, “Houston is a desirable residential market, yet it continues to be challenged in meeting the demand for the entry-level and first-time buyer segments. William Lyon Homes’ entrepreneurial spirit and solid homebuilding reputation, coupled with Jennifer’s talent, will allow us to serve homebuyers with a high-quality product and an excellent homeownership experience.”

About William Lyon Homes

William Lyon Homes is one of the largest Western U.S. regional homebuilders. Headquartered in Newport Beach, California, the Company is primarily engaged in the design, construction, marketing and sale of single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, Oregon and Texas. Its core markets include Orange County, Los Angeles, the Inland Empire, the San Francisco Bay Area, Phoenix, Las Vegas, Denver, Portland, Seattle, Austin and San Antonio. The Company has a distinguished legacy of more than 60 years of homebuilding operations, over which time it has sold in excess of 104,000 homes. The Company markets and sells its homes under the William Lyon Homes brand in all of its markets except for Washington and Oregon, where the Company operates under the Polygon Northwest brand.

Forward-Looking Statements

Certain statements contained in this release that state the Company’s or management’s intentions, expectations or predictions of the future may constitute “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties and actual results may differ materially from those projected or implied. Additional information concerning factors that could cause actual results to differ materially is contained from time to time in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q. The Company disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Courtesy of -(BUSINESS WIRE)-

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