Tag "Lennar"
Lennar Makes Deal for CalAtlantic as Home Builders Face Challenges
Two of the nation’s biggest residential-construction companies are merging in hopes that their combined heft will help them counter those forces.
Lennar to Buy CalAtlantic
A $5.7 billion deal would create the nation’s No. 1 builder by revenue, and challenge D.R. Horton from the current recovery to the next.
Lennar Acquires 19 Acres in Fontana, CA
Lennar Homes has acquired a site entitled for 102 single-family lots in Fontana, Ca. from the Goodman Family, a southern California developer.
Homebuilders Surge On Strong Earnings, Low Inventory Levels
In addition to our “REIT Rankings” series which includes all 13 REIT sectors, we also cover the homebuilder sector, which we view as a compliment or hedge to a balanced
Lennar to Build 124 Homes in the Phillips Ranch area of Pomona
Lennar Corp. has purchased a 13.9-acre site in the masterplanned Phillips Ranch area of Pomona where it plans to build 124 homes and 6,000 square feet of retail space. The
Five Point Communities Files to Go Public
Five Point Communities, a master plan developer whose projects include Great Park in Irvine and Newhall Ranch in Santa Clarita, filed to go public. The Lennar-affiliated entity will continue to
Lennar Earnings Beat Estimates
Lennar’s Q2 2015 earnings beat estimates by 15 cents coming in at 70 cents a share versus 61 cents per share a year ago. Revenue jumped 31% year over year
Lennar Beats in Street in Fiscal Q1 2015
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
Use of Incentives to Move Homes Accelerates
As earnings season progresses, it is becoming apparently clear that there is widespread margin compression, to varying degrees, among the public homebuilders due to decreased pricing power, increases in build
Anaheim’s Platinum Triangle Coming Back to Life
Once a casualty of the housing downturn, the Platinum Triangle in Anaheim is showing signs of renewed activity. With 1,920 units currently completed and another 1,038 under construction as of
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