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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.
Friendswood Development Company is a real estate development company operating in Greater Houston.The company is a subsidiary of Lennar.. The company is best known for developing Kingwood, a 15,000-acre master-planned community northeast of Houston with more than 20,000 homes, developed over a 40-year period. [1]
Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. [4] Operations expanded to include San Diego in 1969, [5] Texas in 1978, [6] Arizona in 1998, Colorado in 2000, and Florida in 2002.
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To be sure, Lennar noted on its call that homebuyer demand remained strong thanks to a chronic inventory shortage. New orders increased 28% to 18,176 homes in the quarter, higher than the company ...
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In 2004, the company was acquired by Lennar and LNR Corporation for approximately $1 billion, leaving Newhall Land and Farming owning 50% and Lennar and its industrial and commercial properties spinoff LNR owning the other 50% through a new holding company called LandSource Communities Development LLC. [5]
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