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What did you do yesterday? Erik Molina, Lennar VP of Land Acquisitions

Posted by   /  July 12, 2019  /  Real Estate  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter Erik Molina took our ‘What I Did Yesterday’ feature to heart documenting a recent busy day. Molina is vice president of land acquisitions for Lennar. The Miami-based company is one of the largest homebuilders in the Arizona market and has also developed apartments. Molina’s day includes juggling […]

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Lennar’s The Parks in San Tan Valley grand opens

Posted by   /  May 2, 2019  /  Real Estate  /  No Comments

San Tan Valley News Disclosure: Rose Law Group represents Lennar San Tan Valley News You’re invited to celebrate the Grand Opening of The Parks on Saturday, May 4 from 11 a.m. to 2 p.m. Round up the family, tour the model homes and explore the possibilities for your new home in San Tan Valley with […]

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Lennar posts $240 million Q1 profit

Posted by   /  March 28, 2019  /  Real Estate  /  No Comments

Lennar home / Builder Despite market ‘choppiness,’ deliveries and orders surge while backlog slips. Builder Lennar Corporation (NYSE: LEN and LEN.B), today reported net income of $239.9 million, or $0.74 per diluted share, for its first fiscal quarter ended February 28, 2019. The gain compared to first quarter net earnings attributable to Lennar in 2018 […]

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Lennar said it can’t give a forecast because the market is so ‘uncertain’

Posted by   /  January 10, 2019  /  Real Estate  /  No Comments

Lennar reported strong fourth-quarter earnings on Wednesday, but deferred guidance for 2019 “until the markets further define themselves.” “We continued to experience slower sales due to higher home prices and rising mortgage rates,” Lennar’s executive chairman said. The homebuilder also noted “buyer expectations” were still too high. By Yun Li | CNBC The U.S. housing […]

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Lennar snags State Trust Land at auction

Posted by   /  December 5, 2018  /  Real Estate  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) Lennar Arizona Inc. successfully bids $22.575 million for 140-acre parcel of State Trust Land in Phoenix at Arizona State Land Department auction; proceeds to benefit K-12 public education PHOENIX – Lennar Arizona Inc. successfully bid $22.575 million today for a 140-acre parcel of […]

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Lennar begins pre-sales, 80 homes sold at Cadence in Mesa

Posted by   /  October 11, 2018  /  Real Estate  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.) Lennar Begins to Pre-Sale Cadence at Gateway in Mesa  Prior to October 20 Grand Opening (PHOENIX) – Harvard Investments, developer of Cadence at Gateway, is proud to announce Lennar Homes will begin to pre-sale three collections of homes at Cadence at Gateway – just […]

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Is largest U.S. home builder pulling back?

Posted by   /  October 11, 2018  /  Real Estate  /  No Comments

REALTOR Magazine Homebuilding giant Lennar is reportedly looking to sell its real estate lending arm, Rialto Capital, as builders continue to face a stagnant housing market, The Wall Street Journal reports. Lennar has declined to comment publicly on the recent news reports, but in an investor call last week and in April it did confirm it was considering selling […]

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Lennar posts $453 million profit in fiscal Q3

Posted by   /  October 4, 2018  /  Real Estate  /  No Comments

Lennar

  Orders and deliveries soar as CalAtlantic is absorbed. Builder Lennar Corporation (NYSE: LEN and LEN.B), Miami on Wednesday reported a net profit of $453.2 million, or $1.37 per diluted share, for its third quarter ended August 31, 2018. The gain compared to third quarter net earnings attributable to Lennar in 2017 of $249.2 million, or $1.04 […]

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This home builder doesn’t see the housing market slowing down

Posted by   /  August 30, 2018  /  Real Estate  /  No Comments

housing market

The Motley Fool | Builder The Motley Fool reports on why management at Lennar Corp. sees a bright near-term future for its home-building business. Any news search for the term “housing market” these days will likely result in news about home sales slowing down, home inventories increasing, and foreclosure starts being up for the first time in […]

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Lennar nets $310.3 million in Q2

Posted by   /  June 27, 2018  /  Real Estate  /  No Comments

  Company more than doubles Wall Street earnings estimates; stock rises 5%. Builder Lennar Corporation, Miami (NYSE: LEN and LEN.B) on Tuesday reported net income of $310.3 million, or $0.94 per diluted share, for its second quarter ended May 31, compared to second quarter net earnings attributable to Lennar in 2017 of $213.6 million, or $0.89 per […]

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