Exhibit 5.7
1225 17th Street, Suite 2200
Denver, CO 80202
Tel 303.292.1200 Fax 303.292.1300
www.foxrothschild.com
February 20, 2019
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KB HOME 10990 Wilshire Boulevard Los Angeles, California 90024 Re: KB Home 7.625% Senior Notes due2023 and 6.875% Senior Notes due 2027 | | | | |
Ladies and Gentlemen:
At the request of KB Home, a Delaware corporation (the “Company”), we have acted as special Colorado counsel to KB HOME Colorado Inc., a Colorado corporation (the “Colorado Guarantor”), in connection with the Company’s offer and sale of $100,000,000 in aggregate principal amount of the Company’s 7.625% Senior Notes due 2023 (the “2023 Notes”) and of $300,000,000 in aggregate principal amount of the Company’s 6.875% Senior Notes due 2027 (the “2027 Notes” and, together with the 2023 Notes, collectively, the “Securities”), the offer and sale of which are registered on the Company’s Registration Statement on FormS-3 (File No.333-219293) (as amended on February 5, 2019,the“Registration Statement”). The offering is being made pursuant to the Underwriting Agreement dated February 5, 2019 (the “Underwriting Agreement”), by and among (i) the Company, (ii) the guarantors named therein and (iii) Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC, as the representatives of the several underwriters named in Schedule B thereto. The Securities are to be issued pursuant to an Indenture dated as of January 28, 2004 (the “Base Indenture”), as amended and supplemented by a First Supplemental Indenture dated as of January 28, 2004 (the “First Supplemental Indenture”), a Second Supplemental Indenture dated as of June 30, 2004 (the “Second Supplemental Indenture”), a Third Supplemental Indenture dated as of May 1, 2006 (the “Third Supplemental Indenture”), a Fourth Supplemental Indenture dated as of November 9, 2006 (the “Fourth Supplemental Indenture”), a Fifth Supplemental Indenture dated as of August 17, 2007 (the “Fifth Supplemental Indenture”), a Sixth Supplemental Indenture dated as of January 30, 2012 (the “Sixth Supplemental Indenture”), a Seventh Supplemental Indenture dated as of January 11, 2013 (the “Seventh Supplemental Indenture”), an Eighth Supplemental Indenture dated as of March 12, 2013 (the “Eighth Supplemental Indenture”), a Ninth Supplemental Indenture dated as of February 28, 2014 (the “Ninth Supplemental Indenture”), and a Tenth Supplemental Indenture dated as of January 22, 2019 (the “Tenth Supplemental Indenture”) (the Base Indenture, as amended and supplemented by the First Supplemental Indenture, the Second Supplemental Indenture, the Third Supplemental Indenture, the Fourth Supplemental Indenture, the Fifth Supplemental Indenture, the Sixth Supplemental Indenture, the Seventh Supplemental Indenture, the Eighth Supplemental Indenture, the Ninth Supplemental Indenture and the Tenth