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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.
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]
In 2011, the company paid $1.2 million to settle a lawsuit that alleged the company failed to disclose that 118 homes in the Newport subdivision, near Orlando, Florida, were built on or near the former Pinecastle Jeep bombing range. The plaintiffs alleged that their property values declined when live bombs were found on site.
It was built in 1959 and consists of three cul-de-sacs and 50 homes — with just two floor plans. Barbara Dinneweth moved there with her husband and two daughters in 1976.
In October 2014, the company purchased Oakmont Home Builders and expanded into North Carolina, South Carolina. [19] In 2015, LGI Homes expanded into Jacksonville, Florida, and Seattle, Washington. [20] In 2016, LGI Homes was named ProBuilder’s ‘Builder of the Year;’ [20] the company was active in 16 markets and 10 states. [20] [21]
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The firm purchased the commercial building on the property for $24.4 million and purchased another $6 million in air rights. In March 2014, the firm completed the 43,000-square-foot assemblage of the property. The property was approved for residences and ground-floor retail. The project, named 515 Highline, secured a $35 million construction loan.
Orrin Thompson (August 26, 1913 – March 7, 1995) was one of the largest real-estate developers in the United States. In the 1950s, a time when the post World War II population was exploding and in need of housing, he built and sold thousands of one-family homes, primarily in Minnesota.
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