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Lennar Corp (NYSE:LENB)

42.87
Delayed Data
As of 4:02pm ET
 +0.49 / +1.16%
Today’s Change
30.96
Today|||52-Week Range
46.55
+18.72%
Year-to-Date
SECTOR
Consumer Durables
INDUSTRY
Homebuilding
MARKET CAP
$1.3B

Company Description

Lennar Corp. provides real estate related financial services, a commercial real estate investment, investment management and finance company through its Rialto segment and a developer of multifamily rental properties in select U.S. markets primarily through unconsolidated entities. The company grouped its homebuilding activities into five reportable segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston. Its other reportable segments are Lennar Financial Services, Rialto and Lennar Multifamily. The Lennar Financial Services segment provides mortgage financing, title insurance and closing services. The Lennar Financial Services sells substantially all of the loans it originates within a short period in the secondary mortgage market, the majority of which are sold on a servicing released, non-recourse basis. 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 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:

Employees

Shareholders

Mutual fund holders7.01%
Individual stakeholders69.27%
Other institutional17.88%

Top Executives

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