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Lennar Company Profile - Aug 25, 2011

VIEWS: 15 PAGES: 12

Lennar Corporation is a homebuilder and a provider of financial services. The Company, through its Rialto Investments (Rialto) segment, is an investor in distressed real estate assets. The home building operations include the construction and sale of single-family attached and detached homes, multi-level residential buildings, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which the Company has investments. The Company's homebuilding activities operate in four business segments: Homebuilding East, Homebuilding Central, Homebuilding West and Homebuilding Houston. Its financial services segment provides mortgage financing, title insurance and closing services for both buyers of the Company's homes and others. During the fiscal year ended November 30, 2010 (fiscal 2010), it also completed the closing of its Rialto real estate investment fund (the Fund).

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Lennar Corporation
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in U.S. Dollars

                                 Wright Quality Rating:BCNN                                Key Data

   Lennar Corporation is a homebuilder and a provider of financial services. The           Ticker:
   Company, through its Rialto Investments (Rialto) segment, is an investor in             LEN
   distressed real estate assets. The home building operations include the construction
   and sale of single-family attached and detached homes, multi-level residential          2010 Sales:
   buildings, as well as the purchase, development and sale of residential land directly
                                                                                           3,074,022,000
   and through unconsolidated entities in which the Company has investments. The
   Company's homebuilding activities operate in four business segments: Homebuilding
   East, Homebuilding Central, Homebuilding West and Homebuilding Houston. Its             Major Industry:
   financial services segment provides mortgage financing, title insurance and closing     Construction
   services for both buyers of the Company's homes and others. During the fiscal year
   ended November 30, 2010 (fiscal 2010), it also completed the closing of its Rialto      Sub Industry:
   real estate investment fund (the Fund).                                                 Home Builders
                       Stock Chart                                   Officers
                                                              Chief Executive Officer      Country:
                                                                  Stuart A. Miller         United States

                                                                    President              Currency:
                                                                 Richard Beckwitt
                                                                                           U.S. Dollars

                                                              Vice President & Chief
                                                                                           Fiscal Year Ends:
                                                                Operating Officer
                                                                 Jonathan M. Jaffe         November


                                                              Vice President & Chief       Employees
                                                                 Financial Officer         4,087
                                                                   Bruce E. Gross
                                                                                           Exchanges:
                                                          Vice President & Treasurer       NYSE FRA MXK
                                                                Diane J. Bessette
                                                                                           Share Type:
                                                                 
								
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