Lennar Corporation (Len)

summary

Lennar Corp, based in Miami, is one of the largest home builders based on 80,210 new home delivery in the fiscal year 24, up from 73,087 delivery processes in the 23rd year. His competitor Dr. Horton has already delivered 89,690 in the fiscal year 24. Lennar made $ 35.4 billion in revenue close to Horton 36.7 billion dollars with the help of the average selling price of $ 423,000, more than $ 45,000 of DHI. Lennar builds homes in about 22 states. The eastern region of the company represents most of the delivery operations (27 %), but the West calculates 38 % of home construction revenues because the average closing price is $ 619,000. Lennar builds STEP-up (about 68 % of the closure), entry level (28 %) and retirement (4 %) homes. The company also provides mortgage financing. Lennar multi -capacity is to develop and manage residential complexes through joint projects. Other Lennar includes