Brookfield Residential Properties Inc. operates as a land developer and homebuilder in North America. The company entitles and develops land and builds homes for its own communities, as well as sells lots to third-party builders. The company focuses primarily on various regions, such as Canada, California, and Central and Eastern United States. Its Canadian operations include its operations in Alberta (Calgary and Edmonton) and Ontario (Greater Toronto Area). The company’s California operations include its operations in Northern California (San Francisco Bay Area and Sacramento) and Southern California (Southland / Los Angeles and San Diego / Riverside). Its Central and Eastern United States operations include its operations in Washington D.C., Colorado (Denver) and Texas (Austin). The company also designs, constructs, and markets single-family and multi-family homes in its own and others’ communities. In each of its markets, the company operates through local business units, which are involved in various phases of planning and building its master-planned communities and infill developments. These operations include sourcing and evaluating land acquisitions, site planning, obtaining entitlements, developing the land, product design, constructing, marketing and selling homes and homebuyer customer service. These business units might also construct, or sell land for the construction of, commercial shopping centers in its communities. The company delivers master-planned communities and infill developments. Master-planned communities are new home communities that feature community centers, parks, recreational areas, schools, commercial areas, and other amenities. In an infill development, the company develops land and constructs homes in previously urbanized areas on underutilized land. The company is developing four residential master-planned communities in proximity to Seton. The company invests in various markets, such as Washington D.C.—government and technology markets; California—technology, entertainment, tourism, and agriculture markets; Calgary, Edmonton, and Denver—energy sector, technology, and government markets; Greater Toronto Area—financial services and manufacturing markets; and Austin—government, technology, education, and healthcare markets. Business Strategy The primary elements of the company’s strategy include selective acquisitions, proactive asset management, high growth markets, decentralized operating structure, creating communities, minimizing risk, and focus on first time product in Canada and move-up in the United States. Assets The company’s assets consist primarily of land and housing inventory and investments in unconsolidated entities. It classifies its assets into three categories, such as land held for development; land under development; and housing inventory. As of December 31, 2012, the company controlled 104,359 lots. Controlled lots include those that the company directly owns and its share of those owned by unconsolidated entities. History Brookfield Residential Properties Inc. was founded in 2002.
brookfield residential prope
4906 Richard Road S.W.
Calgary, AB T3E 6L1
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To contact BROOKFIELD RESIDENTIAL PROPE, please visit www.brookfieldhomes.com. Company data is provided by Capital IQ. Please use this form to report any data issues.