History:
Lennar Corporation was founded in 1954 as a local home builder in Miami, U.S.A. The company grew rapidly, and the common stock of the company was listed on the New York Stock Exchange in 1972. Lennar Corporation has expanded, and is now a leading home maker in the U.S along with D.R. Horton, Centex, and Pulte Homes.Activities:
The main source of revenue for Lennar is home making. The company builds roughly 49,000 homes annually across the U.S. There is a separate business division dealing in financial services, such as residential mortgage, title, and closing services.Performance:
- The Company had annual sales of $16,266.7 million in 2006.
- The net income of the company during the fiscal year was $593.9 million.
- Lennar is ranked 161st in the 2006 Fortune 500 rankings based on 2005 revenues.
Corporate Address:
700 NW 107th Ave., Ste. 400,Miami, FL 33172
U.S.A.
Telephone: 305-559-4000
Fax: 305-229-6453
Website: www.lennar.com
