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. 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 insurance and closing services for both buyers of the company's homes, property, and casualty insurance. Also, originates and sells mortgage loans through its LMF Commercial business. (Operates in the US states including Florida, Georgia, Maryland, New Jersey, North Carolina, South Carolina, Virginia, Arizona, Colorado, Texas, California, Nevada, and Houston.
Performance
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Overview
Carries out the construction and sale of single-family attached and detached homes. Acquires, develops and sells residential land directly through the company’s unconsolidated entities.
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
Carries out the development, construction. and property management of multifamily rental properties through unconsolidated entities. It developed 116 multifamily residential communities with 34,900 rental units across 20 states in the United States.
Performance
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Geographical Segments
Overview
Carries out homebuilding operations in Indiana, Georgia, Maryland, Minnesota, Illinois, North Carolina, Tennessee, and Virginia.
Performance
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Overview
Carries out homebuilding operations in New Jersey, Florida, Pennsylvania, Alabama, and South Carolina.
Performance
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Overview
Comprises activities related homebuilding related investments, 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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