Lennar Corporation

Builds and sells residential properties

Miami, Florida, United States

About Lennar Corporation

Lennar Corporation builds and sells residential properties across the United States, having constructed over one million homes since its founding in 1954. The company focuses on creating communities that cater to various lifestyles, serving a diverse clientele that includes first-time buyers and multigenerational families. Lennar ensures high standards of quality and value through thorough inspections of each home. In addition to homebuilding, Lennar offers financial services through its subsidiaries, such as tailored loan options via Lennar Mortgage and insurance solutions through Lennar Insurance Agency. The company is also committed to social responsibility, contributing to charitable initiatives through the Lennar Foundation, which supports at-risk children and community improvement projects. With a strong presence in multiple states, Lennar aims to provide quality homes while giving back to the community.

Miami, FloridaHeadquarters
1954Year Founded
$9.7KTotal Funding
IPOCompany Stage
Social Impact, Financial Services, Real EstateIndustries
5,001-10,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Paid Vacation
Paid Holidays
Paid Sick Leave
Adoption Assistance

Risks

Rising interest rates may deter potential homebuyers, impacting Lennar's mortgage business.
Integration challenges from acquiring Rausch Coleman Homes could affect operational efficiency.
Decreased new orders in Q4 2024 suggest a potential slowdown in demand.

Differentiation

Lennar offers homes without HOA fees, appealing to cost-conscious buyers.
The company integrates smart home technology, enhancing its appeal to tech-savvy buyers.
Lennar designs homes for multigenerational living, catering to extended families.

Upsides

Increased demand for energy-efficient homes boosts Lennar's innovative construction techniques.
Remote work trends allow Lennar to incorporate flexible workspaces in home designs.
The shift to suburban living aligns with Lennar's expansion into new communities.

Funding

Total raised$9.7 K
Latest valuation$50.0 K
StageIPO
POST IPO EQUITY
5/31/2023
$17
POST IPO DEBT
12/31/2013
$30
ANGEL
12/31/1955
N/A
$50.0 K