AV Homes engages in the homebuilding, community development and land sale activities. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. AV Homes focuses on the development and construction of primary residential communities serving first-time and move-up buyers, including under its local Bonterra Builders and Royal Oak Homes brands, and active adult communities, which are age-restricted to the age 55 and over active adult demographic.

Employee Rating

3.9More
StateClosed
TypeSubsidiary
Parent CompanyTaylor Morrison
HQScottsdale, US
Founded1970
Websiteavhomesinc.com
AV Homes was founded in 1970 and is headquartered in Scottsdale, US
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Key People/Management at AV Homes

Roger A. Cregg

Roger A. Cregg

President & Chief Executive Officer
Michael S. Burnett

Michael S. Burnett

Executive Vice President and Chief Financial Officer
Joshua L. Nash

Joshua L. Nash

Chairman of the Board & Board of Directors
Gary Shullaw

Gary Shullaw

EVP, General Counsel and Corporate Secretary
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AV Homes Office Locations

AV Homes has an office in Scottsdale
Scottsdale, US (HQ)
220 8601 N Scottsdale Rd
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AV Homes Financials and Metrics

Summary Metrics

Founding Date

1970

Total Funding

$135 m

Investors

In total, AV Homes had raised $135 m. AV Homes is a subsidiary of Taylor Morrison

AV Homes Revenue

AV Homes's revenue was reported to be $843.25 m in FY, 2017
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

143.7m285.9m517.8m779.3m843.3m

Revenue growth, %

99%81%51%

General and administrative expense

16.0m100.2m106.4m

Operating expense total

151.9m266.2m505.5m741.7m824.9m
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

35.0m79.4m153.8m124.1m188.1m205.4m155.5m201.2m205.7m152.0m203.6m

General and administrative expense

3.9m3.9m4.0m3.7m4.3m3.8m20.4m25.8m25.5m22.4m27.0m27.1m25.5m28.7m

Operating expense total

36.0m53.7m86.0m63.8m84.0m148.3m20.4m25.8m25.5m151.4m199.7m208.1m155.1m199.5m

Interest expense

1.0m2.8m3.3m2.4m1.8m1.3m880.0k701.0k837.0k3.7m2.6m3.4m3.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

144.7m180.3m46.9m67.8m241.0m

Accounts Receivable

7.2m13.7m

Inventories

PP&E

37.8m36.9m35.0m33.7m32.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

176.2m56.9m212.7m181.8m131.4m113.3m22.3m15.6m23.1m16.3m58.6m331.2m169.3m175.2m116.0m

Accounts Receivable

3.3m7.7m10.2m5.7m8.2m6.2m9.7m8.0m7.8m4.4m

PP&E

38.4m37.7m37.1m36.4m36.5m36.1m35.6m34.5m33.8m34.2m33.7m33.7m33.2m37.8m39.9m

Goodwill

6.0m6.0m6.0m6.1m6.1m21.0m19.3m19.3m19.3m19.3m29.8m30.0m38.9m39.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(8.3m)(1.9m)147.1m(21.9m)

Depreciation and Amortization

2.8m3.3m3.7m6.4m6.9m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(10.4m)(1.6m)(3.9m)(3.2m)(5.0m)(9.5m)(4.0m)791.0k117.4m130.0m2.4m3.1m1.6m(2.3m)656.0k

Depreciation and Amortization

2.1m769.0k1.6m2.4m829.0k1.8m2.8m1.6m3.1m4.7m1.6m3.6m5.3m2.1m4.3m

Cash From Operating Activities

(31.1m)(22.8m)(53.2m)(82.6m)(46.5m)(98.0m)(112.4m)(19.2m)(7.5m)6.8m(8.1m)(36.1m)(38.0m)(22.5m)(78.2m)

Cash From Investing Activities

(955.0k)(65.0m)(65.2m)(65.1m)(2.4m)(3.8m)(99.1m)(271.0k)(268.0k)(1.4m)(753.0k)(42.3m)(42.8m)(43.1m)(46.1m)
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AV Homes Online and Social Media Presence

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AV Homes News and Updates

Taylor Morrison Announces Close of AV Homes Acquisition with Clear Vision for Growth in Top Housing Markets

SCOTTSDALE, Ariz., Oct. 2, 2018 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC), a national homebuilder and developer, today announced the closing of its acquisition of AV Homes (NASDAQ: AVHI). The complementary land and community portfolio AV Homes offers marks a...

AV Homes Stockholders Approve Taylor Morrison Merger

SCOTTSDALE, Ariz., Sept. 26, 2018 (GLOBE NEWSWIRE) -- AV Homes, Inc. (NASDAQ: AVHI) (“AV Homes”) today announced that, at a special meeting of AV Homes stockholders held today in Scottsdale, Arizona, AV Homes stockholders approved the acquisition of AV Homes by Taylor Morrison Home Corporation (NY…

Taylor Morrison Announces Election Deadline for AV Homes Stockholders to Elect Merger Consideration and Expected Closing Date

SCOTTSDALE, Ariz., Sept. 19, 2018 /PRNewswire/ -- Taylor Morrison Home Corporation (NYSE: TMHC) ("Taylor Morrison") announced today that the election deadline by which stock holders of AV Homes, Inc. (NASDAQ: AVHI) ("AV Homes") may elect the form of merger consideration they wish to...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of AV Homes, Inc. - AVHI

NEW YORK, July 25, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating AV Homes, Inc. ("AV Homes" or "the Company") (NasdaqGS: AVHI)...
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AV Homes Frequently Asked Questions

  • When was AV Homes founded?

    AV Homes was founded in 1970.

  • Who are AV Homes key executives?

    AV Homes's key executives are Roger A. Cregg, Michael S. Burnett and Joshua L. Nash.

  • What is AV Homes revenue?

    Latest AV Homes annual revenue is $843.3 m.

  • Who are AV Homes competitors?

    Competitors of AV Homes include Piramal Realty, Klovern and Simon Property Group.

  • Where is AV Homes headquarters?

    AV Homes headquarters is located at 220 8601 N Scottsdale Rd, Scottsdale.

  • Where are AV Homes offices?

    AV Homes has an office in Scottsdale.

  • How many offices does AV Homes have?

    AV Homes has 1 office.