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Ryland Group

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BUSINESS
October 29, 1992
Ryland's third quarter was buoyed by the growing strength of its mortgage business, said Nancy Smith, a company spokeswoman."Growth of the mortgage company was stimulated by a higher level of refinancing," Ms. Smith said. Refinancing activity has been strong throughout the first three quarters.In terms of its homebuilding business, the core of the company, Ryland continues to face problems, Ms. Smith said, especially in California.Three months ended 9/30/92.. ..........Revenue. ......... Net..
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NEWS
By Edward Gunts, The Baltimore Sun | September 6, 2012
Enterprise Community Partners, a Columbia-based organization that helps people around the country find affordable housing, is itself getting a new home but staying in Columbia. After considering numerous locations, the nonprofit founded by James and Patricia Rouse plans to move its headquarters next year to the Columbia building once occupied by the Ryland Group, less than a mile from its current location. Before starting Enterprise, James Rouse headed the company that launched the development of Columbia 50 years ago. "The location is important to us because of its relationship with Mr. and Mrs. Rouse, and Enterprise was founded here," said Charles Werhane, president and chief executive of Enterprise Community Investment, an affiliate of Enterprise Community Partners that also will move to the former Ryland building.
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BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | February 1, 1991
Alan P. Hoblitzell Jr., former chairman and chief executive officer of MNC Financial Inc., has been appointed executive vice president and chief financial officer of the Ryland Group.Hoblitzell, 59, retired from the financially troubled Baltimore bank-holding company in September. He is to take on his new duties at the building and mortgage company Monday.Separately, Ryland announced the formation of Ryland Trading Ltd., a subsidiary to develop international markets. Its president will be Thurman W. Bretz, who had been Ryland's chief financial officer.
NEWS
By Edward Gunts, The Baltimore Sun | August 20, 2012
As a further sign of its investment in the revitalization of Columbia's town center, the Howard Hughes Corp. last week acquired the former Ryland Group headquarters, a nine-story office building next to The Mall in Columbia and close to land where Howard Hughes plans to build a $100 million apartment and retail complex. The property known as 70 Corporate Center opened in 1992 at Little Patuxtent and Broken Land parkways and is one of Columbia's largest office buildings, with nearly 170,000 square feet of space.
BUSINESS
November 3, 1998
The Ryland Group, the Columbia-based homebuilder, has fortified its position in the Tampa Bay, Fla., market by acquiring Regency Communities.The sale gives Ryland a presence in three counties north of Tampa Bay and a stronger presence in the Florida retirement market.`With the merger of our two organizations, the division will be one of Ryland's largest operations and, more importantly, one of the largest homebuilders in West Florida," said Bill Wright, division president of Ryland's West Florida operation.
BUSINESS
By Ellen James Martin | February 7, 1992
Earnings for the Columbia-based Ryland Group were off sharply during the fourth quarter and year, as the company's booming financial-services group continued to cushion a severe slide in homebuilding operations.Nationally, the recession drove housing starts to a 46-year-low in 1991. But Ryland is already predicting that its homebuilding business is due for a rebound, said Nancy L. Smith, a Ryland Group vice president."We're already seeing an improvement in consumer confidence, based on an improvement in new home orders in January," Ms. Smith said.
BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | December 20, 1990
Roger W. Schipke has become chairman and chief executive officer of the Columbia-based Ryland Group Inc. as expected.The board of directors yesterday elected Schipke to replace Charles E. "Ted" Peck, who is retiring after reaching the age of 65 on Dec. 1.Under Peck's leadership from 1981 to 1989, Ryland's stockholders' equity grew from $44 million to $206 million.Peck joined Ryland in 1977 as a member of the board of directors. He was with Owens-Corning Fiberglas Corp. from 1949 to 1981.Schipke, 53, has been president of the company since May 1990.
NEWS
By Kerry O'Rourke and Kerry O'Rourke,Sun Staff Writer | March 10, 1995
The Ryland Group Inc. is trying to sell its 16,000-square-foot New Windsor manufacturing plant, but a sale is not imminent."Ryland is looking into selling the manufacturing plant," said Bob Coy, manager of the Ryland Manufacturing Center on Tibbetts Lane. "Ryland is looking to get out of the manufacturing business, but there's nothing definite."If the facility is sold, Ryland would look to the new owner to supply home building materials to the company, said Anne C. Madison, vice president of communications for the Columbia-based home builder.
BUSINESS
December 3, 1991
Columbia-based Ryland Group has announced a pre-tax fourth quarter earnings charge of $13 million that is expected to have a negative impact on the company's end-of-year profits.The earnings charge is a result of land- and market-related problems with two Ryland joint-venture residential developments in California, officials said.Ryland said it reserved $10 million as a result of its investment in a joint-venture community in Riverside County, Calif., due to soil-stability conditions in the region, which may require substantial engineering and regrading of the site.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,Sun Staff Writer | November 29, 1994
The Ryland Group Inc. yesterday named a former General Motors Corp. executive to succeed Alan P. Hoblitzell Jr. as its chief financial officer, paving the way for a smooth transition at the Columbia-based homebuilder.Michael Mangan, who also was appointed an executive vice president, most recently had been group chief financial officer of GMAC Mortgage Corp., the automaker's mortgage subsidiary, and Residential Funding Corp., a GM loan conduit company with a $20 billion mortgage servicing portfolio.
NEWS
By Timothy B. Wheeler, The Baltimore Sun | October 10, 2011
The Ryland Group, one of the nation's largest home builders, has agreed to pay $625,000 in penalties for storm-water pollution violations at construction sites in 14 states, including Maryland. The settlement, announced by the U.S. Justice Department and the Environmental Protection Agency, covers 278 building sites, 22 of them in the Chesapeake Bay watershed. Among the citations against Ryland were releasing polluted storm water without a permit, and failure to develop and follow plans for controlling runoff.
BUSINESS
July 24, 2005
Ryland Group names John Meade as head of Baltimore division The Ryland Group Inc. has named John Meade president of its Baltimore division. Meade, a 23-year Ryland veteran, most recently was vice president of finance in the Baltimore division, where he oversaw all financial activities and land acquisition analysis, and played a lead role in the division's strategic and day-to-day operations. Meade began his career in 1981 as a staff auditor at Price Waterhouse in Baltimore. After joining Ryland as a senior internal auditor in 1982, he held various positions, including division and region controller.
BUSINESS
November 5, 2001
Insider transactions of 1,000 shares or more for public companies based in Maryland or with operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock. Ryland Group Inc. William G. Kagler, director, sold 2,000 shares of common at $48.50 each Oct. 25 and now directly holds 10,362. Insider Trading is compiled by Thomson Financial/First Call.
NEWS
February 26, 2001
Woodstock resident picked to participate in leadership program R. Dean Kenderdine, chief of staff to the comptroller of Maryland and a Woodstock resident, has been selected for the Leadership Maryland Class of 2001. The educational nonprofit organization informs top-level executives from the public and private sectors about challenges and opportunities facing the state and region. Ryland executive joins board of nonprofit group Anne C. Madison, vice president of communications for the Ryland Group, has joined the board of directors of the Children of Separation and Divorce Center.
BUSINESS
November 20, 2000
W. R. Grace & Co. Robert M. Tarola, chief financial officer, purchased 10,000 shares of common at $3.88 each Oct. 25 and now directly and indirectly holds 15,129. The Rouse Co. Anthony W. Deering, chairman of the board, exercised an option for 167,600 shares of common at $13.50 to $19.75 each Oct. 20. He turned in 119,063 of them and now directly and indirectly holds 572,803. Ryland Group Inc. Frank J. Scardina, vice president, sold 6,120 shares of common at $33 each Nov. 1 and now directly and indirectly holds 735.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | October 26, 1999
The Ryland Group Inc., one of the nation's largest homebuilders and headquartered in Columbia since its founding in 1967, will move to California by July.In electing to relocate its headquarters to Los Angeles, Ryland becomes the latest of a string of high-profile, local companies that have been lost through acquisition or movement, including Alex. Brown Inc., USF&G Corp., MNC Financial Inc., Noxell Corp., PHH Corp., Waverly Corp., Commercial Credit Co. and Loyola Capital Corp. among others.
BUSINESS
By Robert Nusgart and Robert Nusgart,SUN STAFF | October 22, 1999
The Ryland Group Inc. made its first builder acquisition in the Baltimore metropolitan area yesterday, reaching an agreement to purchase Columbia-based Thomas Builders LLC. Financial terms of the agreement were not disclosed. The purchase will help increase the market share of Columbia-based Ryland Homes in the area. T. Kevin Carney, president of Thomas Builders, a privately owned company with 22 employees, has been operating the company as a small niche builder of townhouses and single-family detached homes.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | September 11, 1999
The Ryland Group Inc.'s No. 2 executive for nearly five years intends to leave the Columbia-based homebuilder at the end of this month.Michael D. Mangan, a Ryland executive vice president and its chief financial officer, will resign from the company "to pursue other personal and professional opportunities," the company said.Mangan joined Ryland in November 1994 as part of a management restructuring led by R. Chad Dreier, the company's chairman and chief executive officer.In recent quarters, after several dismal performances, Ryland appears to have turned a corner financially.
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