EX-21 5 k91896exv21.txt SUBSIDIARIES OF THE REGISTRANT EXHIBIT 21 PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT AT DECEMBER 31, 2004 Pulte Homes, Inc. (the Company) owns 100% of the capital stock of Pulte Diversified Companies, Inc., Pulte Financial Companies, Inc. (PFCI), Radnor Homes, Inc., Pulte.com, Inc., PH1 Corporation, and Pulte Realty Holdings, Inc., Inc., all Michigan corporations, North American Builders Indemnity Company, a Colorado corporation, Marquette Title Insurance Company, a Vermont corporation, RN Acquisition 2 Corp., a Nevada corporation, Del Webb Corporation (Del Webb), a Delaware corporation and 100% of PB Venture L.L.C., Pulte Land Company, LLC, Pulte Michigan Services, LLC, Pulte Homes of Michigan, LLC, Pulte Homes of Ohio, LLC, Pulte Aviation I LLC, and Pulte Aviation II LLC, all Michigan limited liability companies. The Company is a member of the following corporation and limited liability companies:
ENTITY NAME PLACE OF FORMATION PERCENTAGE OWNERSHIP ----------- ------------------ -------------------- Grayhaven Estates Limited, L.L.C. Michigan 99% City Homes Development L.L.C. Michigan 50% Shorepointe Village Homes, L.L.C. Michigan 82.5% Contractors Insurance Company of North America, Inc., a Risk Retention Group Hawaii .01%
Pulte Diversified Companies, Inc. owns 100% of the capital stock of Pulte International Corporation, Pulte Home Corporation (PHC) and American Title of the Palm Beaches Corporation, all Michigan corporations, First Heights Bank, a federal savings bank and PH5 Corporation, a Delaware corporation. Pulte International Corporation owns 100% of the capital stock of Pulte International Caribbean Corp., Pulte Chile Corporation, Pulte SA Corporation, all Michigan corporations, PIMI Holdings LLC, a Michigan limited liability company and 99% of Pulte International Mexico Limited Partnership, a Michigan limited partnership. PIMI Holdings LLC owns 1% of Pulte International Mexico Limited Partnership, a Michigan limited partnership. Pulte International Mexico Limited Partnership owns 100% of Pulte SRL Holdings, LLC, a Michigan limited liability company. Pulte International Mexico Limited Partnership and Pulte SRL Holding, LLC own 98% and 2%, respectively, of Pulte S.R.L, an Argentine limited partnership. Pulte International Mexico Limited Partnership and PHC own 99.99% and .01%, respectively, of the capital stock of Controladora PHC, S.A. de C.V. (Controladora), a Mexican corporation and Pulte International Mexico Limted Partnership owns 3.3% of Pulte Mexico Division Norte, S. de R.L. de C.V., also a Mexican corporation. Pulte International Mexico Limited Partnership owns .1% of Nantar S. de R.L. de C.V., .01% of Pulte Bajio Construcciones S. de R.L. de C.V., .01% of Pulte Mexico Division Centro Sur S. de R.L. de C.V., 1% of Pulte Internacional Mexico S. de R.L. de C.V., and .1% of Pulte Mexico Asesores Inmobiliarios, S. de R.L. de C.V., all Mexican limited liability companies. Controladora owns 99.9% of Nantar, S. de R.L. de C.V., a Mexican limited liability company, 63.8% of Pulte Mexico S. de R.L. de C.V. (Pulte Mexico), and 99% of Pulte Internacional Mexico S. de R.L. de C.V., both Mexican limited liability companies, 25% of Residencial Riviera, S.A. de C.V., a Mexican corporation, and 25% of Ciudad Riviera, S.A. de C.V., a Mexican corporation. Pulte Mexico owns 99.99% of Pulte Mexico Division Centro Sur S. de R.L. de C.V., 99.9% of Pulte Mexico Asesores Inmobiliarios, S. de R.L. de C.V. and 99.99% of Pulte Bajio Construcciones S. de R.L. de C.V., both Mexican limited liability companies, and 96.7% of Pulte Mexico Division Norte, S. de R.L. de C.V., a Mexican corporation. Pulte International Caribbean Corp. owns 100% of the capital stock of Pulte International Building Corporation, a Michigan corporation. Pulte International Building Corporation owns 50% of Desarrolladores Urbanos (Canovanas) SE, 50% of Mayaguez Partners, S.E., and 50% of Andrea's Court, S.E., all Puerto Rican general partnerships. Pulte Chile Corporation owns 99% and Pulte SA Corporation owns 1% of Pulte de Chile Limitada, a Chilean limited partnership. Pulte Chile Corporation owns 99.9% and Pulte SA Corporation owns .1% of Residencias del Norte Limitada, a Chilean limited liability company. PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT (CONTINUED) PH5 Corporation owns 100% of the capital stock of DiVosta Homes Holdings, LLC a Delaware limited liability company and 99% of DiVosta Homes, LP, a Delaware limited partnership. DiVosta Home Holdings, LLC owns 1% of DiVosta Homes, L.P., a Delaware limited liability company. DiVosta Homes, L.P. owns 100% of the capital stock of DiVosta Homes Marketing, Inc., Florida Building Products, Inc., Florida Club Homes, Inc., , Island Walk Development Company, RiverWalk of the Palm Beaches Development Company, Inc., DiVosta Building Corporation, Village Walk Development Company, Inc., Island Walk Realty, Inc. and DiVosta Home Sales, Inc., all Florida corporations. DiVosta Homes, L.P. owns 100% of the capital stock of PH3 Corporation, a Michigan corporation. PFCI owns 100% of the capital stock of Guaranteed Mortgage Corporation III, a Michigan corporation. Radnor Homes, Inc. owns 25.6% and RN Acquisition 2 Corp. owns 74.4% of Pulte Homes Tennessee Limited Partnership, a Nevada limited partnership. Pulte Realty Holdings, Inc. owns 100% of the capital stock of Pulte RC, LLC, a Michigan limited liability company, Pulte Realty Corporation, an Arizona corporation and 99% of Pulte International Caribbean II, Limited Partnership, a Michigan limited partnership. Pulte RC, LLC owns 1% of Pulte International Caribbean II, Limited Partnership, a Michigan limited partnership. North American Builders Indemnity Company owns 99.99% of the capital stock of Contractors Insurance Company of North America, Inc., a Risk Retention Group, a Hawaii Corporation. PB Venture L.L.C. owns 100% of PC/BRE Venture L.L.C., a Delaware limited liability company. PC/BRE Venture L.L.C. owns 100% of PC/BRE Development L.L.C., PC/BRE Whitney Oaks L.L.C., PC/BRE Winfield L.L.C. and PC/BRE Springfield L.L.C., all Delaware limited liability companies. PC/BRE Springfield L.L.C. owns 88% of Springfield Golf Resort, L.L.C., an Arizona limited liability company. Marquette Title Insurance Company owns 100% of Pulte Services California, LLC, a Michigan limited liability company. Pulte Homes of Michigan, LLC owns 100% of the capital stock of Pulte IN-Corporation and Sean/Christopher Homes, Inc., Pulte Purchasing Corporation,all Michigan corporations, 100% of Pulte Home Sciences, LLC, a Michigan limited liability company and 99% of Pulte Homes of Michigan I Limited Partnership, a Michigan limited partnership. Pulte In-Corporation and Sean/Christopher Homes, Inc. each own 50% of Pulte Homes of Indiana, LLC, an Indiana limited liability company. Pulte Homes of Ohio, LLC owns 100% of the capital stock of Butterfield Properties, LLC, an Ohio limited liability company. PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT (CONTINUED) PHC owns 100% of the capital stock or is sole member of the following subsidiaries:
PLACE OF COMPANY NAME INCORPORATION/FORMATION ------------ ----------------------- Pulte Mortgage LLC (1)................................ Delaware Lexington Oaks Golf Club, Inc......................... Florida Preserve I, Inc. (2).................................. Michigan Preserve II, Inc. (2)................................. Michigan TVM Corporation (3)................................... Michigan Pulte Homes of Minnesota Corporation.................. Minnesota Pulte Home Corporation of The Delaware Valley (4)..... Michigan PBW Corporation (5)................................... Michigan Wil Corporation (5)................................... Michigan Homesite Solutions Corporation........................ Michigan Pulte Homes of South Carolina, Inc.................... Michigan Pulte Lifestyle Communities, Inc...................... Michigan Pulte Payroll Corporation............................. Michigan PHC Title Corporation (6)............................. Michigan Pulte Land Development Corporation.................... Michigan Pulte Homes of Greater Kansas City, Inc............... Michigan PN I, Inc. (7)........................................ Nevada PN II, Inc. (7)....................................... Nevada PHT Title Corporation (8)............................. Michigan Lone Tree Golf Club, LLC.............................. Michigan Pulte Michigan Holdings Corporation (9)............... Michigan Chandler Natural Resources Corporation (10)........... Michigan Edinburgh Realty Corporation.......................... Michigan Pulte Homes of New York, Inc. (14).................... Michigan PH2 Corporation....................................... Michigan PHNE Business Trust (11).............................. Massachusetts Fox Glen Retreat, L.L.C............................... Michigan Gatestone, L.L.C. .................................... Michigan Pulte Development Corporation (12).................... Michigan Pulte Services Corporation............................ Michigan Grand Place Hayward, LLC.............................. California Clairmont, L.L.C...................................... Michigan Corte Bella Golf Club, LLC............................ Michigan JNN Properties, LLC................................... Michigan Pulte Development New Mexico, Inc..................... Michigan Pulte Homes of New Mexico, Inc........................ Michigan Pulte Realty of New York, Inc......................... New York Pulte Realty of South Jersey, Inc..................... Michigan Pulte Trades of North Carolina, LLC................... Michigan Pulte Georgia Holdings, LLC (14)...................... Michigan
PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT (CONTINUED) 1) Pulte Mortgage LLC owns 100% of the capital stock of PCIC Corporation and Pulte Funding, Inc., both Michigan corporations, Joliet Mortgage Reinsurance Company, a Vermont corporation, Del Webb Mortgage LLC, a Delaware limited liability company, 22.2% of the capital stock of Hipotecaria Su Casita, S.A. de C.V., a Mexican corporation, and 22.19% of Fideicomiso 102412, a Mexican business trust. Fideicomiso 102412 owns 55.15% of Interesa, S.A. de C.V., Sociedad Operadora de Sociedados de Inversion, a Mexican corporation. Hipotecaria Su Casita S.A. de C.V. owns 99% of Consorcio Inmobiliario Su Casita, S.V. de C.V. and Corporacion Activa de Servicios De Administracion, S.A. de C.V., both Mexican corporations. 2) Preserve II, Inc. owns 99% and Preserve I, Inc. owns 1% of Pulte Communities NJ, Limited Partnership, a Michigan limited partnership. Preserve II, Inc. also owns 99% of Pulte Homes of NJ, Limited Partnership, 99% of Pulte Homes of PA, Limited Partnership, and 99% of Upper Gwynedd Development, Limited Partnership, all Michigan limited partnerships. Preserve I, Inc. also owns 100% of the capital stock of HydroSource Acquisitions, Inc., a Michigan corporation, and 100% of Pulte Urban Renewal, LLC and Jersey Meadows, LLC, both New Jersey limited liability companies. 3) TVM Corporation owns 63% of PHM Title Agency L.L.C., a Delaware limited liability company. 4) Pulte Home Corporation of The Delaware Valley owns 1% of Pulte Homes of NJ, Limited Partnership, 1% of Pulte Homes of PA, Limited Partnership, and 1% of Upper Gwynedd Development, Limited Partnership, all Michigan partnerships. 5) PBW Corporation owns 99% and Wil Corporation owns 1% of Wilben II Limited Partnership, a Maryland limited partnership. PBW Corporation owns 5% and Wil Corporation owns 95% of Wilben, LLLP, a Maryland limited partnership. PBW Corporation and Wil Corporation each own 50% of One Willowbrook, LLC, a Maryland limited liability company. Wil Corporation also owns 100% of Highlands One, H.D. Investments I, L.L.C., Bel North, LLC, William's Field at Perry Hall, L.L.C., Carr's Grant, LLC, Harrison Hills, LLC, Campus Lakes, LLC, August Woods, LLC and Lyons, LC, all Maryland limited liability companies. 6) PHC Title Corporation owns 80% of Pulte Title Agency of Minnesota, L.L.C., a Minnesota limited liability company, 99% of PHT Title Agency, L.P., a Texas limited partnership, 49% of Pulte Title Agency of Ohio, LLC, an Ohio limited liability company and 49% of Pulte Title Agency of Michigan, L.L.C., a Michigan limited liability company. 7) PN I, Inc. owns .1% and PN II, Inc. owns 99.9% of Devtex Land, L.P., a Texas limited partnership; PN II, Inc. also owns 100% of the capital stock of Pulte Texas Holdings, Inc., a Michigan corporation, 100% of Pratte Acquisition, LLC, a Michigan limited liability company, and 100% of PN III, LLC, a Delaware limited liability company. PN I, Inc. owns .1% and Pulte Texas Holdings, Inc. owns 99.9% of Pulte Homes of Texas, L.P., a Texas limited partnership. Pulte Homes of Texas, L.P. owns 100% of PHT Operating Company LLC, a Michigan limited liability company. Pulte Homes of Texas, L.P. owns 99.9% and PHT Operating Company LLC owns .1% of PHT Building Materials Limited Partnership, a Michigan limited partnership. PN II, Inc. and PHT Building Materials each own 14.29% of Pulte Purchasing Corporation. PN I, Inc. also owns 1% of Grayhaven Estates Limited, L.L.C., a Michigan limited liability company. PN II, Inc. owns 100% of Pratte Acqusition, LLC, a Michigan limited liability company. Pratte Acquisition, LLC owns 50% of Pratte Holding Company, L.L.C., a Nevada limited liability company. Pratte Holding Company, L.L.C. owns 100% of Pratte Building Systems, L.L.C. (AZ), an Arizona limited liability company; Pratte Building Systems, L.L.C. (NV), a Nevada limited liability company; and Pratte Building California LLC, a Michigan limited liability company. Pratte Holding Company also owns 99% and Pratte Building California LLC owns 1% of Pratte Building Systems, Limited Partnership, a Michigan limited liability company. 8) PHT Title Corporation owns 1% of PHT Title Agency, L.P., a Texas limited partnership. 9) Pulte Michigan Holdings Corporation owns 1% of Pulte Homes of Michigan I Limited Partnership, a Michigan limited partnership. 10) Chandler Natural Resources Corporation owns 100% of Chandler DJ Basin LLC, a Michigan limited liability company. 11) PHNE Business Trust owns 100% of Pulte Homes of New England LLC, PHS Virginia Holdings, LLC, and BMD Development, LLC, all Michigan limited liability companies, 100% of GI Development Business Trust, a Massachusetts business trust and 99% of PHS Virginia Limited Partnership, a Michigan limited partnership. PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT (CONTINUED) Pulte Homes of New England, LLC owns 100% of the capital stock of Coachman Development, LLC, Hilltop Farms Development, LLC, Oceanside Village, LLC and South Natick Hills, LLC, all Michigan limited liability companies. Pulte Homes of New England, LLC also owns 100% of Herring Pond Development Corporation and MALDP Development Corporation, both Michigan corporations, and 99% of Willow Brook Associates Limited Partnership, a Massachusetts limited partnership. PHS Virginia Holdings, LLC owns 1% of PHS Virginia Limited Partnership, a Michigan limited partnership. PHS Virginia Limited Partnership owns 100% of Pulte Home Sciences of Virginia, LLC, a Michigan limited liability company. GI Development Business Trust owns 100% of the capital stock of Great Island Community, LLC, a Michigan limited liability company. 12) Pulte Development Corporation owns 14.29% of Pulte Purchasing Corporation, a Michigan corporation, and 50% of PH Arizona LLC, a Michigan limited liability company. PH Arizona LLC owns 100% of the capital stock of Pulte Arizona Services, Inc., a Michigan corporation. Pulte Arizona Services, Inc. owns 100% of the capital stock of Dean Realty Company, Springfield Realty Corporation and PQL Realty Corporation, all Michigan corporations, and Del Webb Community Management Co., an Arizona Corporation. Dean Realty Company owns 100% of Pulte Real Estate Company, a Florida corporation. 13) Pulte Georgia Holdings, LLC, owns 100% of RCC Georgia Investor III, LLC, a Delaware limited liability company. RCC Georgia Investor III, LLC owns .003363% of Related Gordon Armstrong Associates LLC, which owns 99.98% of Gordon Armstrong, LP.; .00722% of Related Capital Oak Hill Partners LLC, which owns 99.98% of CMP CHP Oak Hill, LP; and .01% of Related Hollywood/Shawnee Associates LLC, that owns 99.98% of Hollywood/Shawnee Redevelopment Partnership I, L.P. 14) Pulte Homes of New York, Inc. owns 47.48% of Tallmadge Woods STP Associates LLC, both New York limited liability companies. PHC is a member or owns capital stock in the following entities:
PLACE OF PERCENTAGE ENTITY NAME FORMATION OWNERSHIP ----------- --------- --------- Spa L Builders LLC............................... California 38.60% Fallsgrove Associates LLC........................ Maryland 35.36% Chase Triple M, LLC.............................. Delaware 51.61% Fieldstone Estates, L.L.C........................ Arizona 50.00% PH Arizona LLC................................... Michigan 50.00% Stetson Venture II, LLC.......................... Arizona 50.00% PL Roseville, LLC................................ California 50.00% Potomac Yard Development LLC..................... Delaware 50.00% Pulte Purchasing Corporation..................... Michigan 14.29% Controladora PHC, S.A. de C.V.................... Mexico .01% Fort Lincoln-Pulte Limited Liability Company..... Dist. of Columbia 1.00% Pulte/BP Murrieta Hills, LLC..................... California 70.00% CP Sunridge, LLC................................. Delaware 50.00% Rancho Diamante Investments, LLC................. California 25.00% LPC One Development Partners, LLC................ Delaware 33.00%
PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT (CONTINUED) Del Webb owns 100% of the capital stock or is sole member of the following subsidiaries:
PLACE OF COMPANY NAME INCORPORATION/FORMATION ------------ ----------------------- Del Webb's Coventry Homes, Inc. (1)................ Arizona Del Webb's Spruce Creek Communities, Inc. (2)...... Arizona Sun City Homes, Inc. (3)........................... Nevada Del Webb Construction Services Co. (4)............. Arizona Del Webb Commercial Properties Corporation (5)..... Arizona New Mexico Asset Corporation ...................... Arizona Del Webb Communities, Inc. (6)..................... Arizona Asset One Corp. (7)................................ Arizona Asset Five Corp.................................... Arizona Del Webb California Corp. (9)...................... Arizona Del E. Webb Financial Corporation.................. Arizona Del Webb Golf Corp................................. Arizona Del Webb Homes, Inc................................ Arizona Del Webb Purchasing Company of Illinois, Inc...... Arizona Del Webb Property Corp............................. Arizona Del Webb Title Company of Nevada, Inc.............. Nevada Del Webb MidAtlantic Corp.......................... Arizona DW Aviation Co..................................... Arizona DW Homebuilding Co................................. Arizona Mountain View Two, LLC............................. Arizona Pulte Midwest Title, Inc........................... Arizona Terravita Corp..................................... Arizona Terravita Home Construction Co..................... Arizona PH4 Corporation.................................... Michigan Del Webb Communities of Illinois, Inc. 8........... Arizona
Del Webb also owns 100% of Asset Seven Corp., an Arizona corporation, and 1% of New Mexico Asset Limited Partnership, an Arizona limited partnership. PULTE HOMES, INC. SUBSIDIARIES OF THE REGISTRANT (CONTINUED) 1) Del Webb's Coventry Homes, Inc. owns 100% of the capital stock of Del Webb's Coventry Homes Construction Co., Del Webb's Coventry Homes of Nevada, Inc. and Del Webb communities of Virginia, Inc., all Arizona corporations and 50% of 56th and Lone Mountain, L.L.C. an Arizona limited liability company. 2) Del Webb's Spruce Creek Communities, Inc. owns 100% of the capital stock of Spruce Creek South Utilities, Inc., a Florida corporation. 3) Sun City Homes, Inc. owns 100% of the capital stock of Marina Operations Corp., an Arizona corporation. 4) Del Webb Construction Services, Co. owns 100% of the capital stock of Del Webb Southwest Co., an Arizona corporation and .1% of Del E. Webb Development Co., L.P., a Delaware limited partnership. Del Webb Southwest Co. owns 100% of the capital stock of Del Webb Texas Title Agency Co., an Arizona corporation and 1% of Del Webb Texas Limited Partnership, an Arizona limited partnership. 5) Del Webb Commercial Properties Corporation owns 100% of the capital stock of Del E. Webb Foothills Corporation, an Arizona corporation. 6) Del Webb Communities, Inc., owns 100% of the capital stock of Del Webb Limited Holding Co., Del Webb Home Construction, Inc., Thunderbird Lodge Holding Corp., Del Webb's Contracting Services, Inc., Sun City Title Agency Co., Sun State Insulation Co. Inc., Del Webb's Sunflower of Tucson, Inc., all Arizona corporations, and Sun City Sales Corporation, a Michigan corporation. Del Webb Communities, Inc. also owns 99.9% of Del E. Webb Development Co. L.P., a Delaware limited partnership, 50% of North Valley Enterprises, LLC, a Nevada limited liability company, 25% of Terravita Home Construction Co., and 14.29% of Pulte Purchasing. Del Webb Limited Holding Co. owns 99% of Del Webb Texas Limited Partnership, an Arizona limited partnership. 7) Asset One Corp. owns 50% of Mountain View One LLC, an Arizona limited liability company. 8) Del Webb Communities of Illinois, Inc. owns 100% of Anthem Arizona, LLC, an Arizona limited liability company. 9) Del Webb California Corp. owns 14.29% of Pulte Purchasing Corporation, a Michigan corporation.