Lennar Corporation

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Lennar headquarters in Miami
Lennar headquarters in Miami

Lennar Corporation (NYSELEN) is a Fortune 200[1] company based in Miami, Florida, United States. It was founded in 1954.

Lennar is one of the United States' largest homebuilders, constructing homes in 18 different states throughout the United States, including Florida, Texas, Arizona, California, South Carolina, North Carolina, Virginia, Maryland, New Jersey, New York, Delaware, Massachusetts, Pennsylvania, Illinois, Minnesota, Nevada, Alabama and Colorado.

Over the past twenty years Lennar has increased its number of new home deliveries from 2,978 to 49,568 homes in 2006.[citation needed]

Lennar was recently involved in a heated political dispute in San Francisco, CA. Allegations of improprieties threatened to derail a major development plan known as Proposition G. A labor and environmental group-supported proposition, Proposition F (www.PropositionF.com), would have required Lennar to increase the amount of affordable housing. Critics of the proposal claimed that this increase would have made the project unfeasible. Proposition F was defeated in the June 3, 2008 election.

[edit] References

  1. ^ 2006 Fortune snapshot. Ranked 161 based on 2005 revenues.

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