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Lennar dates back to F&R Builders, a company founded in 1954 by Gene Fisher and real estate developer Arnold P. Rosen. In 1956, Leonard Miller, who later became the namesake of the Miller School of Medicine at the University of Miami, a 23-year-old entrepreneur that owned 42 lots in Miami-Dade County, Florida, invested $10,000 and partnered with the company.
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Under Lennar’s stewardship, Coto de Caza was repositioned to promote more luxurious homes and lower densities, coincident with the regional recovery from the recent recession. The average price of a home in Coto de Caza increased from $375,000 in 1996 to $840,000 in 2000, to well over a million dollars.
Homeowners are red, renters are blue: The broken housing market is merging with America’s polarized political culture. Alena Botros, Chloe Berger, Sydney Lake. March 16, 2024 at 5:00 AM.
Second, a state facing a challenge to the statute might be hard pressed to articulate why the purported restraint on alienation is lessened by who gets the money, a disparate classification that seems particularly weak when one considers that a homeowner paying a transfer fee to a homeowner's association is, at the time the fee is paid, selling ...
In 2004, the company was acquired by Lennar and LNR Corporation for approximately $1 billion, leaving Newhall Land and Farming owning 50% and Lennar and its industrial and commercial properties spinoff LNR owning the other 50% through a new holding company called LandSource Communities Development LLC. [5]
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