Lennar

Lennar Corporation, founded in 1954, is a leading American home construction and real estate company headquartered in Miami, Florida. Over the decades, Lennar has built over one million new homes across the United States, establishing itself as one of the nation's largest homebuilders.

The company operates through several business segments that support its expansive market reach.

Business Segments

• Homebuilding: Focuses on construction and sale of single-family attached and detached homes, including purchase, development, and sale of residential land.
• Financial Services: Provides mortgage financing, title insurance, and closing services to homebuyers and others.
• Multifamily: Engaged in development, construction, and property management of multifamily rental properties.
• Lennar Other: Includes strategic investments in technology companies, such as LenX, which specializes in property technology.

Lennar's diverse portfolio allows it to cater to various market segments, including first-time buyers, move-up buyers, multigenerational families, and active adults. The company's commitment to quality and innovation shows in its broad range of home designs and community developments.

Philanthropy and Community Involvement

The company is involved in philanthropic efforts through the Lennar Foundation, established in 1989. This foundation supports at-risk children, medical research, and other charitable initiatives. These actions reflect Lennar's dedication to its communities.

Operations and Financials

As of 2023, Lennar operates in 26 states and 75 markets nationwide. It generates a total annual revenue exceeding $34 billion. Lennar's stock trades on the New York Stock Exchange under the ticker symbol LEN.

Locations

Lennar's extensive presence across the United States includes operations in the following cities:

• Clarksville, TN
• Gary, IN
• Columbia, SC
• Boise, ID
• Miami, FL
• Houston, TX