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As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold. [2] [3] Lennar has investments in multifamily and single family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
CalAtlantic Group, Inc. was a home construction company based in Arlington, Virginia. It was formed by the October 2015 merger of Standard Pacific Homes and Ryland Homes. In February 2018, the company was acquired by Lennar. [2]
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The unveiling of a futuristic luxury model home on Panama's Caribbean coast tanked Thursday when the SeaPod Eco prototype perched above the water on a column slumped onto an adjacent dock.
The company was founded in 1978 by Donald R. Horton. [6] Horton took the company public in 1992, and as of 2020 owned about 6% of the company. [7] In 1997, the company acquired Continental Homes for $305 million and the assumption of $278 million in debt. [8]
KB Home was founded in Detroit in 1956 by Donald Bruce Kaufman and Eli Broad. [6] Their first venture together was the construction of two model homes in the Northeast Detroit suburbs, where a new generation of first-time home buyers were flocking. [6]
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