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William Lyon Homes, a Delaware corporation, together with its subsidiaries, 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. The Company's core
markets currently include Orange County, Los Angeles, the Inland Empire, the San
Francisco Bay Area, Phoenix, Las Vegas, Denver, Seattle, Portland, Austin and
San Antonio. The Company has a distinguished legacy of more than 62 years of
homebuilding operations, over which time it has sold in excess of 106,000 homes.
The Company believes that its markets are characterized by attractive long-term
housing fundamentals and that it has a significant land supply, with 29,541 lots
owned or controlled.
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