Lennar Corporation

Lennar Corporation

Lennar Corporation

Overview
Date Founded

1991

Headquarters

700 Northwest 107th Avenue,2nd floor,Miami, FL 33172

Type of Company

Public

Employees (Worldwide)

11.6K

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

Chief Executive Officer

Executive Chairman

President

Vice President, Chief Financial Officer & Treasurer

Chief Operating Officer

Vice President, General Counsel & Secretary

Chief Marketing & Communications Officer

Western Regional President

Chief Executive Officer-Lennar Financial Services

Regional President, Land & Homebuilding

Board of Directors

Executive Chairman at Lennar Corporation

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

Professional at Joy Global, Inc.

Member, Executive Leadership Team at UJA-Federation of New York

Chief Executive Officer at Lennar Corporation

Former Executive Chairman at Tampa Electric Co.

President at Lennar Corporation

Senior Vice President, Labor & Chief Human Resources Officer at United Parcel Service, Inc.

Professional at Fluor Corporation

Chief Executive Officer & Director at NES Group Ltd.

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

Manulife AM manages differentiated investment processes and place an emphasis on proprietary fundamental research, but may also employ quantitative analysis. The firm relies on internally generated portfolio analysis, research and proprietary risk metrics. They may also utilize investment advice or research provided by certain US and non-US based affiliated investment advisers. Manulife AM also supplements their internal research with quantitative and fundamental analysis, created primarily by third parties and utilize available sources such as consultants, industry and governmental authorities and experts in related fields. The firm offers investment strategies that extend across a broad range of public and private asset classes, including equity, fixed income, and alternative investments such as oil and gas, real estate, timber and farmland, as well as asset allocation solutions. Their preferred investments strategy seeks to create diversified portfolios of various preferred (including convertible preferred) equity and debt securities. Investments may include securities rated below investment grade and unrated securities, as well as fixed rate and adjustable rate securities and securities issued by foreign issuers.

Details Hidden

Greenhaven performs its own research on every security it purchases for clients. Their research normally includes the study of public information (Form 10Ks, annual reports, newspapers, magazines, etc.). The firm's investment strategy is to purchase undervalued securities and then to sell the securities when they become fully or overvalued. While they mainly invest in common stocks, Greenhaven may purchase warrants, convertible or other debt securities, or other types of securities that might serve as a proxy for common stocks. In an account is not fully-invested, Greenhaven may purchase US Treasury Bills or Notes, or other cash equivalents.

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. To actively manage risk and seek opportunity in non-dollar investments, they may invest in commodity futures in energy, industrial and agricultural commodities; futures on intangible assets; ETFs; convertible preferred stock; ABS/RMBS; credit cards, and other financial assets; agency RMBS and CMBS; and credit derivatives and currency futures. Sanders Capital's Asset Value Portfolios invest in a broad range of financial assets across the global capital markets including: common and preferred stock and related options, corporate debt, municipal debt securities, commercial paper, and US government securities. The US Value Equity Portfolios invest primarily in the stocks of US large-cap companies, although they may invest some portion of their assets in companies located in developed or emerging markets outside the US. The Global Value Equity Portfolios invest mainly in large-cap stocks of companies located in developed nations throughout the world, although they may also invest in companies located in emerging markets.

Recent Transactions
Details Hidden

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

Details Hidden

Berkshire Hathaway, Inc., HomeServices of America, Inc. purchase Watermark Realty, Inc. (Florida) from Lennar Corporation

Details Hidden

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

Insider Transactions
Details Hidden
Transaction Advisors
Accountant

Advised onLennar Corporation purchases U.S. Home Corp.

Legal Advisor

Advised onLennar Corporation purchases U.S. Home Corp.

Legal Advisor

Advised onLennar Corporation purchases CalAtlantic Group, Inc.

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 Knight Frank

Legal Advisor

Partner at O'Melveny & Myers LLP

Key Stats and Financials As of 2018
Market Capitalization
$16.8B
Total Enterprise Value
$21.8B
Earnings Per Share
$5.44
Revenue
$20.6B
Net Profit
$1.68B
Total Debt
$10.1B
Total Equity
$14.7B
Enterprise Value Sales
1.06x
TEVNet Income
12.99x
Debt TEV
0.46x
EBITDA
$2.08B
EBITDAMargin
10.11%
Enterprise Value EBITDAOperating
10.5x
Three Year Compounded Annual Growth Rate Of Revenue
29.51%
Five Year Compounded Annual Growth Rate Of Revenue
28.18%
Non-Profit Donations & Grants
$1M - $2M
2017
$100K - $250K
2015
$100K - $250K
2014
Political Donations
$5,000
2014
$500
2001
Investments
Details Hidden

Hippo Analytics, Inc. provides insurance services. It offers home insurance. The company was founded by Eyal Navon and Assaf Wand in 2015 and is headquartered in Palo Alto, CA.

Details Hidden

Blueprint Power Technologies, Inc. provides power solutions. The company was founded by Robyn Beavers, Claire Woo and Nicholas Squires and is headquartered in New York, NY.

Details Hidden

OpenDoor Labs, Inc. provides home valuation services. Its services allow consumers to buy and sell house through online platforms. The company was founded by JD Ross, Eric Wu, Ian Wong and Keith Rabois in March 2014 and is headquartered in San Francisco, CA.

Suppliers
BMC Stock Holdings, Inc. Wholesale: Raw Materials | Raleigh, NC

BMC Stock Holdings, Inc. is a provider of diversified building products and services in the U.S. residential construction market. Its products include lumber and lumber sheet goods and an array of value-added products, including millwork, doors, windows and structural components such as engineered wood products, floor and roof trusses and wall panels. The company was founded on December 1, 2015 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 Metal Manufacturing & Products | NEW YORK, NY

Griffon Corp. is a management and holding company, which engages in the direction and assistance to its subsidiaries. It operates through the Home and Building Products, and Defense Electronics segments. 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. he 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.
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/organization/lennar-corporation-33732
  • https://relationshipscience.com/organization/lennar-corporation-33732