One of the nation’s largest homebuilders, Lennar, commences construction on a 450-unit mixed-use project in West Covina. As one of eight projects in their Southern California multi-family portfolio, it appears that Lennar is looking to become a major player locally in the hot, rental sector.
With the recent announcement of the formation of Trumark Communities, Trumark’s masterplanned community development arm, the COO for the operation, Peter Kiesecker, provides insight into the subsidiary’s business and trends
Public homebuilding bellweather, Lennar, reported fiscal Q1 2015 financials that beat the street on both earnings and revenues. Earnings were $.0.50 per share versus consensus analyst estimates of $0.45 per
Ryland comes in with strong earnings for 4Q 2014 checking in at $1.26 per share and beating the consensus street estimate of $0.96 by a hefty $0.30. Revenue of $867.8M
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