Clara Kimball Young

Kimball Hill Homes Las Vegas new home builder seeks bankruptcy protection is active and building homes in five states. Demand for new homes has fallen to the point Kimball Hills Homes Las Vegas seeks Chapter 11 bankruptcy protection. The Rollings Meadows, Ill. based company listed both assets and debt of as much as $1 billion. Kimball Hill Homes Las Vegas markets and builds homes in California, Illinois, Texas and Las Vegas Nevada. Read Full Story

TAMPA, Fla. - Kimball Hill Homes has introduced flat-over-flat attached villas priced from under $179,900 at Palmer Oaks, located off Honoree and Clark Rds. in Sarasota. Francine Miller, regional president of Kimball Hill Homes in Florida, said Kimball Hill Homes is building 200 villas at Palmer Oaks that range in size from 1,115 square feet of living space to 1,600 square feet. Kimball Hill Homes will open two professionally decorated model homes at Palmer Oaks in March.   Kimball Hill Homes is one of the largest privately held homebuilders in the U.S. with operations in Texas, California, Nevada, Illinois, and Florida. For more information, ... Read Full Story

Kimball Hill Homes today announced that as a result of the severe economic downturn and escalating turmoil in the credit markets, the Company has made the difficult decision to begin the wind-down of its operations with efforts to facilitate a sale of its business or a bulk sale of its assets to continue during this [...] Read Full Story

TAMPA, Fla. --- Kimball Hill Homes, which ranks as one of the largest privately-owned builders in the U.S., is building condominiums, attached villas and single family homes priced from $139,990 at Ashton Oaks, a new community located off S.R. 54 west of Eiland Rd. in Wesley Chapel in Pasco County (see map on Page 2). Francine Miller, regional president of Kimball Hill Homes in Florida, said Kimball Hill launched a new strategy to design and build attainable homes earlier this year. Ashton Oaks is one of the home builder's first attainable communities, Miller said. Ashton Oaks offers, one, two and three-bedroom condominiums priced from ... Read Full Story

The Daily Herald reports that national homebuilder Kimball Hill and its 29 affiliates have filed for Chapter 11 bankruptcy protection . Kimball Hill has local presence in Ashton Oaks in Wesley Chapel. Previously Kimball Hill had announced it was withdrawing from the Florida market. Read Full Story