Tom McCormick, President
Astoria Homes
10655 Park Run Dr, Ste. 200
Las Vegas, NV 89144-4588
Dear Mr. McCormick:
CONGRATULATIONS!
You have been recognized
as one of the region's TOP PRIVATELY
HELD BUILDERS by BUILDERnews magazine!
Our research for this
year's selection looked at several
criteria including years in business,
company reputation, size of projects
and growth projections. Final selection
was broken down by state and focused
on 2005 revenue figures.
We at BUILDERnews recognize
the overall competitiveness of the
industry and acknowledge the difficulties
privately held companies face when
competing against large production
builders.
Please accept this
plaque in honor of this recognition
of your success, as we invite you
to read the accompanying July article
announcing our selection on page
46.
Best regards,
JoAnn Hogue, Publisher
BUILDERnews magazine
on page 46 of the
July 2006 issue
Celebrating the West’s
Top Privately Held Builders and Developers
For the first time
ever, BN is proud to raise a toast
to the Top Privately
Held Builders and Developers in the
Western Region! The data presented
below is accurate to the very best
of our ability to gather it. And
let us tell you,
it was no small feat to do so, with
endless hours of research, phone
calls, last minute
changes, and assurances all along
that we would let the data speak
for
itself, and not editorialize on it.
We felt we owed it to you to keep
it pure.
Since the rankings
are based on total company revenue,
the challenge
to
create the list was immediate. After
all, unlike publicly held builders,
private
companies have no obligation whatsoever
to offer up this data. We think it
speaks highly of their dedication
and pride that they did, and we want
to thank
each of them for their participation.
But
in addition, we believe there’s
something here for our entire readership
to gain, in recognizing that every
one of these companies was, at one
point,
small. Over time, they have grown
and learned, and made a tremendous
mark
on the landscape, quite literally.
Surely all seasoned builders have
some encouragement
and advice they could offer to others
who march in the same infantry,
and we challenge you to take a few
moments to log in to our Reader Forum
to
do just that (buildernewsmag.com/forums).
All efforts
have been made to ensure chart
accuracy; however,
we cannot
be held liable for errors or
omissions.
State: Nevada
Name: Astoria Homes
HQ: Las Vegas, NV
Year Established: 1995
2005 Revenue in Millions: 300.0
2005 No. of Units Closed: 1,012
Currently Active in These
States: NV
Projects of Note: Tapestry; Cornertone
Regional Project Manager: Tom McCormick
Direction for 2007: Forcasting 700-800
closings in five new communities