KB Home is a builder of single-family residential homes, townhomes and condominiums. It constructs and sells homes homes through its operating divisions under the name KB Home. It operates homebuilding and financial services business serving homebuyers in various markets across the United States. Its homebuilding operations offer a variety of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. The Company's financial services segment provides insurance services to its homebuyers in the same markets where it builds homes and provides title services in the majority of its markets located within its Central and Southeast homebuilding segments. In August 2013, KB Home acquired 40 acres of land in Eastvale, Calif. from Irvine-based Stratham Communities. In October 2013, KB Home acquired property at 72 Townsend in San Francisco.