Warmington Homes
Jim Warmington Jr. represents the fourth generation of his family to lead The Warmington Group, whose homebuilding division, Warmington Homes, made a name for itself building classic estate homes for Bing Crosby, Henry Fonda and other legends of the silver screen. But while Warmington carries on the legacy, the $560 million company itself hasn’t always had such consistency. Duringthe housing boom from 1998 to 2002, Warmington nearly doubled the number of homes it was building in California and Nevada. While the company was enjoying the unprecedented growth, little problems kept creeping up. When Warmington asked the leaders of each of his six divisions to send him the documents they used to make contracts with homebuyers, it became clear that something had to be done. “We had these six stacks, and every one of them was different,” he says. “Not only were they different, some of the documents were from the 1980s, some were brand-new and recent. Some had been copied so many times that they had that fuzzy, ‘I’ve been copied 20 times’ look to them.”
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