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Lennar's former headquarters in Fontainebleau, Florida Lennar's branch office in San Ramon, California. Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. [1] As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold.
In 2009, Lennar acquired a 15% stake in the Newhall Land for $138 million, with five lenders owning the balance. [23] Lennar formed Five Point Holdings LLC to manage its California master-plan developments in 2009. [24]
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]
Ontario Ranch is a master-planned community located in the southern portion of the city of Ontario, California. It is the largest master-planned community in Southern California. [ 1 ] The community is located south of E. Riverside Drive, north of Eastvale , and between Euclid and Milliken Avenues, 2 miles west of Interstate 15 (the Ontario ...
Coto de Caza (Spanish for "Hunting Reserve") is a census-designated place (CDP) and guard-gated private community in Orange County, California, United States. The population was 14,710 at the 2020 census. The CDP is a suburban planned community of about 4,000 homes and one of Orange County's oldest and most expensive master-planned communities.
Three years later, "Poe's heirs sold their interest in Stevenson Ranch to Florida-based home builder Lennar Corp. — which gained a controlling interest in Newhall Land a few years later." [4] By 1996, 1,500 homes were built in the community and it continued to grow until the mid-2000s. Poe Parkway, in Stevenson Ranch, with eventual plans to ...
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