Bill Davidson of Davidson Communities, the Del Mar based homebuilder of more than 5,000 homes throughout Southern California, reports on ways to survive the economic downturn. Maintaining relationships with other business, working closely with lenders, and working with other builders, help in the fight, he says. “We’re not competing against each other (other builders). We’re competing against the economic collapse,” said Davidson.
Davidson, who currently has five active projects, says he is just about “done with these” and “looking for new opportunities.” In the early 90′s, Davidson teamed up with Coscan (later Brookfield) on numerous projects due to their abundance of land. Four years later, Davidson became president of Brookfield Davidson Homes, a $400 million residential development and homebuilding firm. After this successful merge where Davidson positioned the firm as a leading homebuilder in California, he ended his partnership with Brookfield and re-focused on Davidson Communities.
Now in 2009, faced with grueling market conditions, Davidson says, “I know it will be a healthier market on the other side.”
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