KB Home reviews, complaints, investigations, news stories, fraud, homes, new construction, and leaks found in KB Homes. Consumer protection and information. Buyer beware.
Mar 192014
 

opmKB Home sold $400 Million in bonds.  This represented almost 1/3 of their cap rate (1.46 Billion).  Why would KB Home borrow so much in a declining market?  Even KB admits they have a substantial amount of debt compared to  their net worth.  In the past, an involuntary bankruptcy was filed against  a KB consortium by Chase.  Will KB’s CEO pad his own pockets like he did in the past downturns with double digit million dollar bonuses as the company tanks?   Read more…..