Lennar Corp - Company Profile
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Business Description
Lennar Corp (Lennar) is a home builder. It carries out home building and real estate related financial services businesses. It manages funds and joint ventures engaged in the development and ownership of rental properties. The company also provides title insurance and closing services and a developer of multifamily rental properties. It also engaged in ownership of single-family rental properties.
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Business Segments
Overview
Provides mortgage financing, title and closing services for Lennar homebuyers, and property and casualty insurance. It also originates and sells commercial mortgage loans through its LMF Commercial business.
Performance
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Overview
Focuses on construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land. It serves the residential real estate industry across various U.S. regions.
Performance
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Overview
Focuses on commercial and residential real estate opportunities arising from dislocation in the US real estate markets. Had investments in Blend Labs, Inc. ("Blend Labs"), Hippo Holdings, Inc. ("Hippo"), Opendoor, Inc. ("Opendoor"), SmartRent, Inc. ("SmartRent"), Sonder Holdings, Inc. ("Sonder") and Sunnova Energy International, Inc.
Performance
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Overview
Focuses on developing, constructing, and managing multifamily rental properties in select U.S. markets. It serves the real estate industry, particularly in multifamily housing.
Performance
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Geographical Segments
Overview
Carries out homebuilding operations in Indiana, Georgia, Maryland, Minnesota, Illinois, North Carolina, South Carolina, Tennessee, and Virginia.
Performance
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Overview
Carries out homebuilding operations in New Jersey, Florida, Pennsylvania, and Alabama.
Performance
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Overview
Comprises activities of homebuilding related investments in California and business operations of FivePoint Holdings, LLC.
Performance
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Overview
Carries out homebuilding operations in Texas region.
Performance
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Overview
Carries out homebuilding operations in California, Arizona, Colorado, Oregon, Idaho, Utah, Nevada, and Washington.
Performance
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