Richmond American Homes of California Inc.: In...
Richmond American Homes of California Inc.: In a deal that expands its holdings in Riverside County, the Irvine company has purchased Mesa Homes of Riverside for about $12 million. Mesa, which is owned by a subsidiary of Kemper Corp., has about 200 homes under construction or planned in Riverside County. Mesa had $50 million in revenue and sold 372 homes in 1994. Richmond is a subsidiary of publicly traded M.D.C. Holdings Inc. of Denver.
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