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Lennar's former headquarters in Fontainebleau, Florida Lennar's branch office in San Ramon, California. Lennar Corporation (Lennar) is a home construction company based in Miami-Dade County, Florida. [1] As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold.
In the second quarter, we started approximately 21,400 homes. We sold approximately 21,300 homes, and we delivered approximately 19,700 homes, keeping us on target to deliver approximately 80,000 ...
Its deliveries fell 7% to 22,206 homes in the fourth quarter ended November 30. Lennar reported home sales gross margins of 22.1% in the quarter compared with 24.2% in the previous year.
Given Lennar's balance sheet strength with a debt-to-total capital ratio of 7.6%, Lennar's balance sheet will remain very strong after the spinoff with, we believe, consistent earnings and cash ...
This page was last edited on 1 July 2021, at 01:54 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply ...
Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. [3] Operations expanded to include San Diego in 1969, [4] Texas in 1978, [5] Arizona in 1998, Colorado in 2000, and Florida in 2002.
Construction-tech startup Icon is 3D printing a hotel and a collection of homes in West Texas. ... Icon is now working with construction giant Lennar to complete a community of 100 printed homes.
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
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