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: