X0101 EFFECT 33 LIVE 2014-06-18 11:00:00

S-4

0001095996 WILLIAM LYON HOMES 333-196477 0001180186 WILLIAM LYON HOMES INC 333-196477-17 0001179341 CALIFORNIA EQUITY FUNDING INC 333-196477-16 0001179344 PH LP VENTURES 333-196477-15 0001179338 DUXFORD FINANCIAL INC 333-196477-14 0001179347 SYCAMORE CC INC 333-196477-13 0001179346 PRESLEY CMR INC 333-196477-12 0001179348 WILLIAM LYON SOUTHWEST INC 333-196477-11 0001179345 PH RIELLY VENTURES 333-196477-10 0001222556 HSP INC 333-196477-09 0001222555 PH VENTURES SAN JOSE 333-196477-08 0001222548 PRESLEY HOMES 333-196477-07 0001222552 WLH Enterprises 333-196477-06 0001311242 LYON EAST GARRISON Co I, LLC 333-196477-05 0001573889 Circle G At The Church Farm North Joint Venture, LLC 333-196477-04 0001573891 Mountain Falls, LLC 333-196477-03 0001573890 Mountain Falls Golf Course, LLC 333-196477-02 0001573816 Lyon Waterfront LLC 333-196477-01