Ara hovnanian biography of martin

          Mr..

          Hovnanian Enterprises

          Real estate company in the United States

          Hovnanian Enterprises, Inc. is an American real estate company which is involved in every aspect of marketing homes, including design, construction and sales.

          Ara Hovnanian is the special purpose manager with respect to investments in the Company, and accordingly, the shares held by the LLC are included in “All.

        1. Hovnanian has shared voting power and shared investment power and 37, shares of Class A Common Stock and , shares of Class B Common Stock held by Mr.
        2. Mr.
        3. Martin family owns 87%; CEO Ricardo Martí;n Bringas and his cousin Kevork Hovnanian, 79, is chairman; Ara Hovnanian, 45, president and CEO.
        4. Hovnanian fled Iraq with his brothers and other family members in the late s as a result of political upheaval, and in , he fulfilled a promise to build.

          5. The company works with individual detached housing as well as higher-occupancy dwellings, including townhouses, condominiums and retirement homes.

          Company operations

          Hovnanian Enterprises, Inc. has delivered in excess of 336,000 houses since incorporation including 5,831 homes in fiscal 2018, with base prices ranging from $144,000 to $2,252,000 and averaging about $393,000.

          It operates in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia.[2] Members of the Hovnanian family, including Ara K.

          Hovnanian, have voting control more than 50% of the votes as of January 29, 2018 equivalent to a stake worth $178 million in 2015.[3]

          The company