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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]
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.
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.
To be sure, Lennar noted on its call that homebuyer demand remained strong thanks to a chronic inventory shortage. New orders increased 28% to 18,176 homes in the quarter, higher than the company ...
Publicly-traded Lennar Homes is the busiest single-family home builder in the Central Valley’s four-county region this year, according to figures from "Construction Monitor." So far in 2023 ...
This page was last edited on 1 July 2021, at 01:54 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply ...
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