Lennar Corporation

Lennar Corporation

Lennar Corporation

Overview
Date Founded

1954

Headquarters

700 NW 107th Avenue,2nd floor,Miami, FL 33172-3161

Type of Company

Public

Employees (Worldwide)

9,495

Industries

Engineering, Construction & Architecture
Consumer Services
Real Estate

Company Description

Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and retirement homes in Communities that cater to almost any lifestyle – such as urban, golf course, Active Adult or suburban Communities.

Contact Data
Trying to get in touch with decision makers at Lennar Corporation? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Co-Chief Executive Officer & Co-President

Co-Chief Executive Officer & Co-President

Executive Chairman

Vice President, Chief Financial Officer & Treasurer

Chief Operating Officer

Vice President, General Counsel & Secretary

Deputy General Counsel & Head of Litigation

Chief Marketing & Communication Officer

Chief Information Officer

Chief Accounting Officer, Vice President & Controller

Board of Directors

Executive Chairman at Lennar Corporation

Former Associate at Faegre Drinker Biddle & Reath LLP

Senior Associate Dean for Leadership Studies & Lester Crown Professor in the Practice of Management at Yale University - Yale School of Management

Former Executive Chairman at Tampa Electric Co.

Co-Chief Executive Officer & Co-President at Lennar Corporation

Former Partner at Warburg Pincus LLC

Co-Chief Executive Officer & Co-President at Lennar Corporation

Chief Executive Officer at NES Global Talent Solutions Sdn. Bhd.

President of Florida Power & Light Company at NextEra Energy Capital Holdings, Inc.

Former Executive Chairman & Co-Chief Executive Officer at CalAtlantic Group, Inc.

Paths to Lennar Corporation
Potential Connections via
Relationship Science
You
Lennar Corporation
Owners & Shareholders
Details Hidden

Welcome to Aristotle, where our mission as a firm is to exceed the investment objectives and service expectations of our clients around the world. We are defined by our philosophy and passionate about investing, priding ourselves on internally generated research that guides the construction of our multiple investment strategies. Whether you are a client at Aristotle or considering becoming a client, you’ll quickly discover our commitment to excellence, stability, growth and integrity.

Details Hidden

Sanders Capital employs a value-driven approach that is based on the belief that investors systematically overreact to adversity, unduly depressing the price of the affected assets, thus producing investments with above-average risk-adjusted returns. The firm’s investment process include valuation, research review and portfolio construction/risk assessment. Sanders Capital sources investments for their portfolios from a broad range of financial assets in all parts of the global capital markets including: common and preferred stock and related options, corporate debt (bonds and bank loans), municipal debt securities, commercial paper, and US government securities. They may invest in commodity futures to actively manage risks and seek opportunity in non-dollar investments.

Details Hidden

Manulife IM-US utilizes a broad range of equity, fixed income, currency and asset allocation approaches. They manage differentiated investment processes and place an emphasis on proprietary fundamental research, but also employ quantitative analysis. The firm’s equity investment strategies utilize a wide array of asset approaches, including investment in growth, core, value, global, region-specific, international, emerging market and industry-specific securities. Some strategies also include investments focused on sectors, dividend income and/or small, mid and/or large-cap companies. Some of their equity strategies include a fixed income component for a balanced portfolio. Research combines quantitative and qualitative bottom-up fundamental analysis. Manulife IM-US’ fixed income management teams engage in intensive fundamental research and analysis, both top-down and bottom-up, to assess potential investment opportunities.

Recent Transactions
Details Hidden

Sunnova Energy International, Inc. purchases Sunstreet Energy Group LLC from Lennar Corporation

Details Hidden

Movement Mortgage LLC purchases Eagle Home Mortgage LLC /Retail Mortgage Operations from Lennar Corporation

Details Hidden

Writer Relocations Pvt Ltd., Lennar Corporation purchase BTR International Ltd. from Schneider Electric SE

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onLennar Corporation purchases U.S. Home Corp.

Legal Advisor

Advised onLennar Corporation purchases CalAtlantic Group, Inc.

Legal Advisor

Advised onLennar Corporation purchases U.S. Home Corp.

Legal Advisor

Advised onLennar Corporation purchases CalAtlantic Group, Inc.

Counsel

Advised onLennar Corporation purchases CalAtlantic Group, Inc.

Associate

Advised onLennar Corporation purchases CalAtlantic Group, Inc.

Advisors & Consultants
Legal Advisor

Managing Shareholder at Greenberg Traurig LLP

Real Estate Agent

Managing Principal at Newmark & Company Real Estate, Inc.

Legal Advisor

Partner at O'Melveny & Myers LLP

Key Stats and Financials As of 2020
Market Capitalization
$32.9B
Total Enterprise Value
$28.2B
Earnings Per Share
$7.85
Revenue
$22.5B
Total Equity
$18.1B
Enterprise Value / Sales
1.26x
TEVNet Income
11.57x
Debt TEV
0.27x
Total Debt
$7.54B
Net Profit
$2.44B
Enterprise Value EBITDAOperating
8.75x
EBITDAMargin
14.29%
EBITDA
$3.21B
Three Year Compounded Annual Growth Rate Of Revenue
21.09%
Non-Profit Donations & Grants
$1,000 - $2,499
2018
$100K - $250K
2017
Political Donations
$5,000
2014
$500
2001
Investments
Details Hidden

Dandelion Energy, Inc. develops commercial-scale solar and landfill gas energy projects. It specializes in renewable energy generation, project development, power purchase agreements, solar electricity, landfill gas, and cogeneration. The company was founded by Kathy Hannun and James Quazi in 2017 and is headquartered in New York, NY.

Details Hidden

Cover Technologies, Inc. operates as a technology company.. It offers a design optimization software that designs, manufactures, and installs custom backyard tudios. The company was founded by Alexis Xavier Rivas and Jemuel Joseph and is headquartered in Gardena, CA.

Details Hidden

States Title, Inc. provides digital transformation services for the mortgage industry. It uses predictive analytics to underwrite the title on a property, helping customers close real estate transactions. The company is headquartered in San Francisco, CA.

Suppliers
BMC Stock Holdings, Inc. Building Products & Construction Materials | Raleigh, NC

BMC Stock Holdings, Inc. engages in the provision of diversified building products and services in the U.S. residential construction market. It operates through the following segments: Mid-Atlantic, Southeast, Texas, Intermountain, and Western. Its products include trusses, i-joists, and engineered lumber; lumber and composites; flooring; exterior building materials; doors and windows; stairs and stair parts; and cabinets and countertops. Its services include delivery, pickup, window, door, pro remodel, and specialist services. The company was founded in 1987 and is headquartered in Raleigh, NC.

Builders FirstSource, Inc. Real Estate | Dallas, TX

The driving force to create Builders FirstSource was the desire to provide professional class building materials and services to the country's homebuilders and remodelers. In the 1990's, the building materials industry changed significantly. Homebuilders began to grow by acquisition, creating large national competitors. Building materials manufacturers also consolidated at this time. It was inevitable that the building material supply industry - those companies between the consolidating manufacturers and consolidating homebuilders - experienced the same trend. Builders FirstSource was born from this industry evolution. In March 1998, a management team supported by JLL Partners, a private investment firm with significant committed capital, made its first acquisition. Builders FirstSource continued to grow through a combination of strategic acquisitions and internal expansion. Since March of 1998, the company has acquired and integrated twenty-six companies. In June 2005, Builders FirstSource completed an initial public offering of its common stock, after which JLL Partners continued to own a majority of the company. Warburg Pincus Private Equity IX, L.P. acquired half of JLL’s ownership interest in February 2006. The resulting organization generated over $2 billion in annual revenue during the height of the housing boom in 2005 and 2006. Builders FirstSource currently operates 53 distribution centers and 44 manufacturing facilities in 9 states. Builders FirstSource seeks to be the leading supplier of structural building materials and services to homebuilders. The key to our success is our ability to provide personalized attention to our customers at the local level, while also providing them with the resources only offered by a large company. Builders FirstSource’s goal is to provide outstanding products and services to every customer, regardless of size

Griffon Corporation Accounting & Financial Services | New York, NY

Griffon Corp. is a diversified management and holding company, which conducts business through its subsidiaries. It provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities. The company operates through three reportable segments: Consumer and Professional Products, Home and Building Products, and Defense Electronics. The Consumer and Professional Products segment operates through AMES. The Home and Building Products segment consists of two companies, which manufactures branded consumer and professional tools, landscaping products, and outdoor lifestyle solutions; and sells residential and commercial garage doors. The Defense Electronics segment focuses on sophisticated intelligence, surveillance, and communications solutions for defense, aerospace, and commercial customers. The company was founded on May 18, 1959 and is headquartered in New York, NY.

Awards & Honors
Rank #301
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #301
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Lennar Corporation. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Lennar Corporation's profile does not indicate a business or promotional relationship of any kind between RelSci and Lennar Corporation.