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Lennar Corporation

name

Lennar Corporation

id

LEN

summary

Lennar Corporation is a home construction company based in the Waterford District, an unincorporated area of Miami-Dade County, Florida, with a Miami, Florida postal address. As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold and was ranked 119th on the Fortune 500. The company operates in multiple states and has investments in multifamily and single family residential rental properties, as well as in property technology companies. The name 'Lennar' is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen. Founded in 1954 as F&R Builders by Gene Fisher and Arnold P. Rosen, Lennar became a public company in 1971 and has since expanded through numerous acquisitions and operations across the United States.

founded

1954

founders

Leonard Miller, Arnold Rosen

headquarters

Miami, Florida, U.S.

key_people

Stuart Miller (Executive Chairman, co-CEO), Jon Jaffe (co-CEO, President), Fred Rothman (COO)

revenue

US$31.8 billion (FY 2022)

operating_income

US$6.777 billion (FY 2022)

net_income

US$4.617 billion (FY 2022)

total_assets

US$37.984 billion (FY 2022)

total_equity

US$24.100 billion (FY 2022)

number_of_employees

12,012 (2022)

website

lennar.com

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