Leader of the Pack

Leader of the Pack

Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it to produce industry leading margin figures.

Read More

Previous Woodbridge Pacific Closes on 76 Lot Canyon Hills Project in Chino Hills
Next Homebuilder Confidence Up

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Toll Releases Fourth Quarter Earnings

Despite relatively strong 4Q earnings of $131.5M, an increase of 39% over the year ago period, the earnings figure fell short of analyst expectations of 73 cents a share versus

Homebuilders / Land Developers

Standard Pacific and Ryland Announce Merger

Number 11 (in terms of unit sales volume) ranked Standard Pacific and Number 5 ranked Ryland announced plans to merge. The post-merger entity will be the 4th largest homebuilding company