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WCI Communities, Inc.

WCI Communities, Inc.(NYSE: WCI)

Headquarters:  Bonita Springs, FL
CEO:               Jerry L. Starkey
Employees*:    3,800
Home Types:    Move-up,
                       Active Adult, Luxury
Average price:  $815,000
Year end:         December 31

WCI Communities, Inc., named America’s Best Builder in 2004 by the National Association of Home Builders and Builder Magazine, has been creating amenity-rich, master-planned lifestyle communities since 1946. Florida-based WCI caters to primary, retirement, and second-home buyers in Florida, New York, New Jersey, Connecticut, Maryland and Virginia. The company offers traditional and tower home choices with prices from the low-$200,000s to more than $10 million and features a wide array of recreational amenities in its communities. In addition to homebuilding, WCI generates revenues from its Prudential Florida WCI Realty Division, its mortgage and title businesses, and its recreational amenities, as well as through land sales and joint ventures. The company currently owns and controls developable land of over 17,000 acres.

For the year ended December 31, 2005, WCI recorded net income of $186.2 million, up 55% over 2004. Revenues of $2.6 billion were up 44% over the previous year. At year-end, the company’s aggregate backlog contract value for its traditional and tower homebuilding divisions was over $2.0 billion.

For more information, click here to visit the WCI Communities Web site.