Housing Giants - July 10, 2008 - (Page 10)

moves News & Moves By Jennifer Powell, Staff Writer TOUSA TO GeT New PreSideNT The U.S. Bankruptcy Court for the Southern District of Florida still has to approve it, but if cleared, John R. Boken will become the CEO and president of Technical Olympic USA. Boken was previously the chief restructuring officer of TOUSA and is currently a managing director at Kroll Zolfo Cooper. He specializes in restructuring and providing crisis management services to financially distressed companies. Antonio B. Mon, the current CEO and president of TOUSA, will remain in his position as executive vice chairman of TOUSA’s board of directors through Dec. 31. downturn in the housing market. New builder partners and those currently working with Oxford Homes will now be served by Excel’s AvisAmerica division. The purchase means Excel can develop its presence in New England. STAN rOSS APPOiNTed THe firST diSTiNGUiSHed fellOw Stan Ross is the retired vice chair of Real Estate Industry Services for Ernst & Young and former managing partner of Kenneth Leventhal & Co. He’s also chair of the University of Southern California Lusk Center for Real Estate and can now add the title first distinguished fellow to his name; he was appointed as such in the USC School of Policy, Planning and Development. In other news, the USC Lusk Center for Real Estate has named Richard K. Green, Ph.D., as director and Lusk chair in real estate. Green is director of George Washington University’s Center For Real Estate And Urban Studies in Washington, D.C., and a former economist with Freddie Mac. excel HOmeS AimS fOr OxfOrd HOmeS Excel Homes plans to purchase the assets of a modular home manufacturer in Oxford, Maine. Oxford Homes, the modular home Steve Scharnhorst, president and CEO manufacturer, halted production earlier this year due to the 10 HOUSiNG GiANTS.7.10.08 www.HOUSiNGGiANTS.cOm http://www.uscourts.gov/bankruptcycourts.html http://www.flsb.uscourts.gov/ http://www.avisamerica.com http://www.tousa.com/ http://www.krollzolfocooper.com/ http://www.ey.com/global/content.nsf/International/Real_Estate_Overview http://www.ey.com/global/content.nsf/International/Real_Estate_Overview http://www.usc.edu/schools/sppd/lusk/ http://www.usc.edu/schools/sppd/lusk/ http://www.excelhomes.com http://www.oxfordhomesinc.com http://www.gwu.edu/index.cfm http://www.freddiemac.com/ http://www.housinggiants.com

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Housing Giants - July 10, 2008

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