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Lennar's former headquarters in Fontainebleau, Florida Lennar's branch office in San Ramon, California. Lennar Corporation (Lennar) is a 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.
Standard Pacific was incorporated in 1961 by Arthur Svendsen and Ronald Foell, and began construction of its first subdivision in 1965. [3] Operations expanded to include San Diego in 1969, [4] Texas in 1978, [5] Arizona in 1998, Colorado in 2000, and Florida in 2002.
Friendswood Development Company is a real estate development company operating in Greater Houston.The company is a subsidiary of Lennar.. The company is best known for developing Kingwood, a 15,000-acre master-planned community northeast of Houston with more than 20,000 homes, developed over a 40-year period. [1]
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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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