Lennar Corp (NYSE:LEN)

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36.16 -0.07 / -0.19%
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36.16 0.00 / 0.00%
 
Volume: 116.6K
SECTOR
Consumer Durables
INDUSTRY
Homebuilding
MARKET CAP
$6.3B

Company Description

Lennar Corp. builds quality homes for all generations. The company also provides real estate related financial services through Rialto Investments, an investor and manager of funds that invest in real estate assets. The company operates its business through the following business segments: Lennar Financial Services, Rialto and Lennar Multifamily. The Lennar Financial Services segment provides mortgage financing, title insurance and closing services. The Rialto segment is a commercial real estate investment, investment management, and finance company focused on raising, investing and managing third party capital, originating and securitizing commercial mortgage loans, as well as investing its own capital in real estate related mortgage loans, properties and related securities. The Lennar Multifamily segment focus on developing a geographically diversified portfolio of institutional quality multifamily rental properties in select U.S. markets. Its home homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which it has investments. The company primarily sell single-family attached and detached homes in communities targeted to first-time, move-up and active adult homebuyers. It operates under the Lennar brand name. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.

Contact Information

Lennar Corp.
700 Northwest 107th Avenue
Miami Florida 33172
P:(305) 559-4000
Investor Relations:
(305) 485-2092

Employees

Shareholders

Mutual fund holders55.85%
Other institutional53.38%
Individual stakeholders3.16%

Top Executives

Stuart A. MillerChief Executive Officer & Director
Richard BeckwittPresident
Jonathan M. JaffeChief Operating Officer & Vice President
Bruce E. GrossChief Financial Officer & Vice President
John R. NygardChief Information Officer

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