GuruFocus.com is not operated by a broker or a dealer. Miller served as CEO of Lennar from 1997 to 2018. of 627,007 shares. of 39,094 shares. Stuart A. Miller is the Exec. The company was co-founded in the. Mr. Miller served as our Chief Executive Officer from 1997 to April 2018 and our President from 1997 to April 2011. acquisition On average, Five Point executives and independent directors trade stock every 53 days with the average trade being worth of $793,407. Miller understood that diversification would provide homeowners with a complete service platform. sale Several states were in lockdown including parts of California. Stuart Miller is a founding investor in East Rock Capital, a $2.1-billion multi-family office and investment firm. Controller David M Collins America's Top CEOs and Their College Degrees. Senior Vice President Jeffrey Joseph Mccall Chairman of Five Point, the total compensation of Mr Miller at Five Point is $200,000. According to Celebrity Net Worth, Abby Lee Miller, the famous dance coach and owner of ALC, has a net worth of $1 million. It was hardly an environment conducive for deal-making but East Rock, a $2.1 billion multi-family office that counts Stuart Miller of the billionaire Miller family as its founding investor, was getting ready to purchase luxury hotel Viceroy L'Ermitage Beverly Hills in a $100 million deal. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, fourth highest-earning South Florida executive, Chicago weighs LaSalles $1.2B office-to-resi pitches, Britney Spears unloads her Calabasas mansion. also Most recently he bought 100,000 units of FPH stock worth $1,400,000 on 15 May 2017. Publisher Stuart Foundation, The, Jesse. Mr Miller owns over 100,000 units of Five Point stock worth over $624,000 and over the last 5 years he sold FPH stock worth over $0. He used some of the proceeds netted from that sale to launch the family office in 2007 which now oversees $2 billion in assets for eight families with 28 employees. I am looking forward. Stuart Miller is a founding investor in East Rock Capital, a $2.1-billion multi-family office and investment firm. Over the last 6 years, insiders at Five Point have traded over $26,771,048 worth of Five Point stock and bought 9,542,601 units worth $80,367,161 10 percent owner Lennar Corp /new/ But East Rock and other investors are betting that the Hollywood entertainment industry will return to work sooner than others since production isnt conducive to a work-from-home environment. owns 21,771,273 shares of Lennar Corp (LEN) as of November 5, 2014, with a value of $2.1 Billion and a weighting of 99.98999999999999%. Five Point Holdings LLC (FPH) On average, Five Point executives and independent directors trade stock every 53 days with the average trade being worth of $793,407. Glaser, a spec home developer in Miami Beach, is part of the development team. As for the family office, Miller co-founded East Rock in 2005 after Lennar sold LNR Property Corporation to Cerberus. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Stuart's mailing address filed with the SEC is C/O LENNAR CORPORATION, 700 NW 107 AVENUE, MIAMI, FL, 33172. Mr Miller owns over 100,000 units of Five Point stock worth over $229,000 and over the last 6 years he sold FPH stock worth over $0. There are 7 older and 13 younger executives at Five Point. Its four reportable segments are Valencia, San Francisco, Great Park, and Commercial. See Preview Image courtesy of openlibrary.org. As the Exec. and sale The buyers are betting on an economic comeback for the 45-year old all-suite hotel where Brooke Shields celebrated her 18th birthday, and where the presidential suite goes for $5,000 per night. Over the past 18 months, a net Mr Miller is 63, he's been the Exec. . and "We recognize that market trends do change.". The performance of stocks bought by Stuart A Miller within 3 months outperforms 0 times out of 1 transactions in total compared to the return of S&P 500 within the same period. $4 Million Stuart Matthewman net worth: Stuart Matthewman is an English songwriter, musician, and record producer who has a net worth of $4 million. Chairman at Five Point. You can learn more about the standards we follow in producing accurate, unbiased content in our. Daniel P. Amos is the chair and CEO of insurance company Aflac. Abby is known for her tough style and her fights with the moms of her young dancers. A trustee for the massive 120,000-square-foot property, made up of three single-family lots, requested variances to increase lot coverage, home size, and elevationsat a Miami Beach Board of Adjustment meeting on Friday morning. The most active traders at the company are People were waiting for truly distressed values and it turned out the real buying opportunity was something like this [deal], an appropriate discount but not rock bottom pricing., Stuart Miller, Executive Chairman, Lennar. We took into account the fact that the world is not going to come back overnight, and we needed to factor that into the price that we were paying, says Wang. LErmitage is a hotel that we've been familiar with for a very long time. , Mr has made over 2 trades of the Five Point stock since 2017, according to the Form 4 filled with the SEC. "Stuart A. Five Point's communities include the Great Park Neighborhoods in Irvine, Valencia (formerly known as Newhall Ranch) in Los Angeles County, and Candlestick and The San Francisco Shipyard in the City of San Francisco. During the past 18 months, 0 shares of Lennar Corp (LEN) were sold and 0 shares were bought by its insiders, resulting in a net Stuart A Miller usually trades in December, with the busiest year in 2012. "Our leadership team. Herbert M. Allison, Jr., was in charge of the TARP from 2009 to 2010. After Miller became CEO in 1997, he oversaw Lennars spin off of its commercial real-estate business, LNR Property Corporation, into a separately-listed company. Stuart McCloskey Kids. Stuart Green Law ("SGL") is a boutique Estates & Trusts law firm focused on asset protection, income & estate tax, and wealth transfer planning for high-net-worth clients. "Why a Multi-Family Office Co-Founded By Stuart Miller Invested $100 Million In a Vacant Beverly Hills Hotel.". Low had purchased the hotel in 2010 for $46 million and spent some $37 million on renovations. East Rock invested with real estate investment shop EOS Investors, which specializes in hospitality, to make the deal. Most recently he bought 100,000 units of FPH stock worth $1,400,000 on 15 May 2017. When we started East Rock in 2005, the beginning of our relationship was traversing that downturn.. Jonathan M Jaffe, Co-CEO & Co-President, a net They welcomed the baby home on January 29. The lobby at Viceroy L'Ermitage Beverly Hills, As a homebuilder, we were in the eye of the storm [during the financial crisis]. Mr Miller owns over 100,000 units of Five Point stock worth over $229,000 and over the last 6 years he sold FPH stock worth over $0. In that Bank United deal East Rock joined some large names including Wilbur Ross's WL Ross & Co., Blackstone Group and Carlyle Group for an initial investment of $900 million that nearly tripled at the IPO price and estimates at the time found that the owners could more than double their investment. While the future of the management remains undecided, EOS does have management capabilities. , Miller noted defensive line coach Eric Washington, who he praises often, as another coach who has called the defense before. There are 7 older and 13 younger executives at Five Point. As of 15 May 2017 he still owns at least 100,000 units of Five Point stock. Chairman at Five Point. The largest trade he's ever made was buying 100,000 units of Five Point stock on 15 May 2017 worth over $1,400,000. . Mr has made over 2 trades of the Five Point stock since 2017, according to the Form 4 filled with the SEC. Five Point, headquartered in Irvine, California, designs and develops large mixed-use, master-planned communities in Orange County, Los Angeles County, and San Francisco County that combine residential, commercial, retail, educational, and recreational elements with public amenities, including civic areas for parks and open space. Stuart A Miller's largest purchase order was, Lennar Corp's most recent insider trade came on July 22, 2022 by Miller is a 35-year veteran of Lennar Corporation, one of the nations largest homebuilders. Stuart has gained success and popularity in his career because of his outstanding performance so that, he became able to have an estimated net worth of $1.5 million to $5.5 million. Chairman at Five Point. Five Point, headquartered in Irvine, California, designs and develops large mixed-use, master-planned communities in Orange County, Los Angeles County, and San Francisco County that combine residential, commercial, retail, educational, and recreational elements with public amenities, including civic areas for parks and open space. Mr Miller owns over 100,000 units of Five Point stock worth over $229,000 and over the last 6 years he sold FPH stock worth over $0. As a leader in new home construction and sales, Stuart Miller led Lennar into residential services like high-speed Internet access, cable television, and alarm installation and monitoring services. Most recently Stuart served as Director for a Municipal Finance Investment Firm. Stuart A Miller currently owns a total of 2 Stuart's mailing address filed with the SEC is C/O LENNAR CORPORATION, 700 NW 107 AVENUE, MIAMI, FL, 33172. In addition, he makes $200,000 as Exec. Mr has made over 2 trades of the Five Point stock since 2017, according to the Form 4 filled with the SEC. The timing of the deal couldnt have been worse considering the economic uncertainty, says Stephen OConnor, managing director at New York-based real estate investment banking firm Robert Douglas. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Stuart A Miller made GuruFocus tracks the stock performance after each of Stuart A Miller's buying transactions within different timeframes. Miller rose to stardom after he was cast as Michael Scofield on the Fox series "Prison . The estimated Net Worth of Stuart A Miller is at least $429 mil dollars as of 15 May 2017. Plans filed with the city in May reveal what Stuart Miller is planning to build on his plot: a two-story home with underground parking that surrounds an open lagoon with a waterfall, yacht dockage, a sloping green roof, tropical landscaping, infinity plunge pool, a library, chefs kitchen, a billiard and game room, cabana bar, wine room, gym, motor court and more. Her presenter salaries range from $32k to $139k as well. The most active insiders traders include Capital Group, L.L.C.Anchor, Capital Group, Lpluxor Capi und Capital Group, Lpluxor Capi. Above is the net worth, insider trading, and ownership report for Stuart A Miller. . He returned to Lennar full time after graduating law school in 1982. Stuart A. Miller is the Exec. The largest trade he's ever made was buying 100,000 units of Five Point stock on 15 May 2017 worth over $1,400,000. Five Point executives and other stock owners filed with the SEC include: Probieren Sie wallmine & ndash; es ist kostenlos. Back in October, Covid-19 cases and hospitalizations were on the rise nationwide and fallout from a superspreader event at the White House resulted in dozens of cases including a positive test result for President Trump. Stuart A. Miller is the Exec. Enjoy a 7-Day Free Trial Thru Mar 11, 2023! See Remarks Leo Kij no insider transaction in Five Point Holdings LLC (FPH). In addition, he makes $200,000 as Exec. There are 7 older and 13 younger executives at Five Point. The former owner is Malaysian financier, Jho Low, who is at the center of the multi-billion dollar 1MBD scandal that also rocked Goldman Sachs. Five Point Holdings LLC (FPH)'s detailed insider trading history can be found in Insider Trading Tracker table. Lennar's Stuart Miller scores approval for Star Island compound. Insider trading is most common in April, with the busiest year in 2017. Bank United, for instance, saw an investment in May 2009 from East Rock before an IPO in early 2011. There, hes building a modern, two-story mansion that was approved last year. Stuart A Miller is also the Director of Five Point Holdings LLC and owns about 100,000 shares of Five Point Holdings LLC (FPH) stock worth over $240,000 . Major Players in the 2008 Financial Crisis: Where Are They Now? The underground parking will fit at least 32 spaces. Chairman of Five Point since . Lennar Corp's most recent insider trade came on July 22, 2022 by LennarLennar headquarters in Fontainebleau, FloridaNet incomeUS$0.810 billion (2017)Total assetsUS$18.745 billion (2017)Total equityUS$7.986 billion (2017)Number of employees9,111 (2017)13 more rows Miller. Other recent insider transactions involving Doma Holdings Inc (DOMA) include Stuart A Miller is the director of Doma Holdings Inc. There are 8 executives at Five Point getting paid more, with EmileHaddad having the highest compensation of $8,509,190. The president and CEO of Lennar Corp. has been ranked a billionaire with his net worth ranging from $950 million to $1.5 billion. On average, Five Point executives and independent directors trade stock every 53 days with the average trade being worth of $793,407. In summary, during the past 3 months, insiders sold 627,007 shares of Doma Holdings Inc (DOMA) in total and bought 0 shares, with a net While millennials have traditionally been slow to buy houses and start families, that migration has been accelerated by the pandemic, especially as the work-from-home trend becomes normalized, Miller describes. Richard H. Anderson was CEO of Delta Air Lines during its merger with Northwest Airlines, and was most recently the CEO of Amtrak. Stuart A Miller around $1 Million. These communities are designed to include approximately 40,000 residential homes and approximately 23 million square feet of commercial space. Stuart A. Miller controls more than 22.4 million shares of Lennar Corp. along with his two siblings, giving the heirs a combined net worth of about $1.2 billion, according to the. In addition, he makes $200,000 as Exec. On average, Five Point executives and independent directors trade stock every 53 days with the average trade being worth of $793,407. . Lucas Downey is the co-founder of MAPsignals.com, and an Investopedia Academy instructor. Five Point's communities include the Great Park Neighborhoods in Irvine, Valencia (formerly known as Newhall Ranch) in Los Angeles County, and Candlestick and The San Francisco Shipyard in the City of San Francisco. In total, Stuart A Miller has made about 20 transactions over 10 years of their time at Lennar Corp. Stuart A Miller around $4 Million. He possessed a wealth of knowledge and was sought out for his specific skills especially when it came to trapping by people all over the area. , In addition, the board approved a variance allowing for a commercial elevator that will be much faster and bigger than a residential one, Todd Glaser said at the meeting. Michael Logan is an experienced writer, producer, and editorial leader. As of 15 May 2017 he still owns at least 100,000 units of Five Point stock. You might contact Stuart A Miller via mailing address: 700 Nw 107th Ave, Miami Fl 33172. The estimated Net Worth of Stuart A Miller is at least $824 ezer dollars as of 15 May 2017. There are 8 executives at Five Point getting paid more, with EmileHaddad having the highest compensation of $8,509,190. Over the past 18 months, Miller remuneration as a journalist ranges from $30k to $147k. Stuart Miller joined Lennar Corporation in 1982 after graduating from law school. It is the kind of asset you would want to give to your kids and your grandkids. He oversaw Lennars spin-off of its commercial real-estate business, LNR Property Corporation, into a separately-listed company. Stuart Miller owns about 22,393,991 units of Lennar Corp common. of The most active insiders traders include Capital Group, L.L.C.Anchor, Capital Group, Lpluxor Capi, and Capital Group, Lpluxor Capi. The most active insiders traders include Capital Group, L.L.C.Anchor, Capital Group, Lpluxor Capi e Capital Group, Lpluxor Capi. a net He was named CEO of Fannie Mae in 2008 when the company went into conservatorship. Mr Miller is 63, he's been the Exec. As of 15 May 2017 he still owns at least 100,000 units of Five Point stock. As the Exec. Other key executives at Doma Holdings Inc include There are 8 executives at Five Point getting paid more, with EmileHaddad having the highest compensation of $8,509,190. Mr Miller owns over 100,000 units of Five Point stock worth over $229,000 and over the last 6 years he sold FPH stock worth over $0. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Additionally, with the hotels sordid history, the Department of Justice had onerous requirements around disclosure and know-your-customer compliance obligations. Chairman at Five Point. a net He is co-chair of the Miami Dolphins Foundation, an organization devoted to providing education, health, youth athletic programs, and volunteer activities to communities throughout Florida. Other recent insider transactions involving Five Point Holdings LLC (FPH) include Many people point to the downturn of 2007 and 2008, but for homebuilders it started at the end of September in 2005, Miller says. We also reference original research from other reputable publishers where appropriate. With no other buyer able to qualify at a higher price, EOS became the owner of the hotel. 10 percent owner Len X, Llc Mr has made over 2 trades of the Five Point stock since 2017, according to the Form 4 filled with the SEC. In 2021, Lennar announced it is pioneering to build the largest community of 3D-printed homes using innovative robotics, software, and advanced materials from ICON, a construction technologies company. Despite the coronavirus pandemic weighing on markets in early 2020, some industries, like housing, continued to boom. That means the firm did all the work upfront, negotiating a purchase and sale agreement, as well as posting capital and a deposit. Mr Miller owns over 100,000 units of Five Point stock worth over $505,000 and over the last 5 years he sold FPH stock worth over $0. The largest trade he's ever made was buying 100,000 units of Five Point stock on 15 May 2017 worth over $1,400,000. I started working on the lawn crew when I was 12 years old, Miller recalls. Stuart's mailing address filed with the SEC is C/O LENNAR CORPORATION, 700 NW 107 AVENUE, MIAMI, FL, 33172. The most recent stock trade was executed by Capital Group, Lpluxor Capi on 27 December 2022, trading 19,547 units of FPH stock currently worth $38,899. In addition, he makes $200,000 as Exec. And now, Lows distress is East Rocks bargain investment. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Five Point Holdings LLC is an owner and developer of mixed-use, master-planned communities in California. In addition, he makes $200,000 as Exec. Five Point's communities include the Great Park Neighborhoods in Irvine, Valencia (formerly known as Newhall Ranch) in Los Angeles County, and Candlestick and The San Francisco Shipyard in the City of San Francisco. As the Exec. Chairman of Five Point, the total compensation of Mr Miller at Five Point is $200,000. While the deal closed in November, Bordwin notes that much of the diligence from bidders happened as early as June, when Covid-19 and shutdowns were still in their early days. Stuart Matthewman is also known as. Among these stocks, Stuart's mailing address filed with the SEC is C/O LENNAR CORPORATION, 700 NW 107 AVENUE, MIAMI, FL, 33172. sale After the DOJ tasked Keen-Summit with selling the hotel, the firm went through a 30-day marketing period after which they went to market. of 2,127,095 shares. of 259,421 shares. of 30,000 shares made by Gary H Hunt Stuart A Miller Co-founder Education Louisiana State University Expertise Trading, Investing, Derivatives Company Info MAPsignals Summary Co-founder of MAPsignals.com big money stock research focusing on finding. Doma Holdings Inc (DOMA)'s detailed insider trading history can be found in Insider Trading Tracker table. and The 19-year-old star's music career took off as she embarked on her sold-out North American D.R.E.A.M Tour, which earned her $27 million, per a November 2019 report by Billboard.. JoJo's music videos are posted her YouTube channel, which has more than 12 million followers as of 2023, contributing to her net worth. Pages 61 pages. $1.23M . He also owns 22 Star Island, which includes a 1931 mansion that Miller moved elsewhere on the 1.4-acre plot. The estimated Net Worth of Stuart A Rose is at least $99.8 Million dollars as of 3 January 2022. Her estimated net worth in 2023 is $2.85 million. EOS made a stalking horse bid. Stuart Kingsley owns over 3,601 units of Scholar Rock Corp stock worth over $101,568 and over the last 15 years Stuart sold SRRK stock worth over $3,363,113. What is the Net Worth of Michelle Miller? Five Point executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States (behind D.R. Stock quotes provided by InterActive Data. Other transactions such as conversion of derivative security or exercise of options are not included. Stuart A. Miller is the son of Lennar Corporation co-founder Leonard Miller. Josef Ackermann is a banker and former chief executive officer of Deutsche Bank. Details can be seen in Stuart A Miller's Latest Holdings Summary section. Stuart joined Provident in January of 2019. Stuart A Miller is the director of Five Point Holdings LLC. The estimated Net Worth of Stuart A Miller is at least $816 Mille dollars as of 15 May 2017. It is engaged in developing new communities that, in addition to homesites, include commercial, retail, educational and recreational elements, as well as civic areas, parks, and open spaces. Stuart A. Miller is the Executive Chairman of Lennar Corporation and a member of its board of directors. Stuart A Miller is You can select different timeframes to see how Stuart A Miller's insider trading performs compared to the benchmark. Five Point's communities include the Great Park Neighborhoods in Irvine, Valencia (formerly known as Newhall Ranch) in Los Angeles County, and Candlestick and The San Francisco Shipyard in the City of San Francisco. The oldest executive at Five Point Holdings LLC is MichaelRossi, 75, who is the Independent Director. Chief Executive Officer Daniel Hedigan a net You can see the complete history of Mr Miller stock trades at the bottom of the page. Wentworth Miller is an English-born American actor, model, and screenwriter with a net worth of $4 million. As of 2023, Arlo McCloskey is three years old. Doma Holdings Inc is architecting the future of real estate transactions. In addition, he makes $200,000 as Exec. sale Chairman at Five Point. That means that the home size went from 60,000 square feet to 70,133 square feet. Over the last 6 years, insiders at Five Point have traded over $26,771,048 worth of Five Point stock and bought 9,542,601 units worth $80,367,161 Chairman at Five Point. Fundamental company data provided by Morningstar, updated daily. Over the last 6 years, insiders at Five Point have traded over $26,771,048 worth of Five Point stock and bought 9,542,601 units worth $80,367,161 Chairman at Five Point. Mr Miller FPH stock SEC Form 4 insiders trading Marty Stuart Net Worth (2022 Update) from www.celebritynetworth123.com. Stuart McCloskey with his son Source: Instagram. The oldest executive at Five Point Holdings LLC is MichaelRossi, 75, who is the Independent Director. Despite the purchase price discount, investors face the challenge of filling rooms during a pandemic. On average, Mr trades about 33,333 units every 0 days since 2017. Web forbes estimated stewart's net worth to be $1 billion in 2000. The company was co-founded in the mid-1950s by his father, Leonard Miller. The board granted the variances with conditions including moving the elevation variance to September. The estimated Net Worth of Stuart A Miller is at least $703 Tausend dollars as of 15 May 2017. Chairman at Five Point. 100,000 shares on May 15, 2017, which While you cant change market conditions, Miller says, you can, with hands-on management and focus, maximize opportunity under the circumstances that exist. Mr Miller owns over 100,000 units of Five Point stock worth over $229,000 and over the last 6 years he sold FPH stock worth over $0. In 2018, Stuart Miller stepped down as CEO and became executive chair. This net worth approximation does not reflect any other investments that Mr. Rose may own. According to the SEC Form 4 filings, Stuart A Miller has made a total of Five Point executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Web as of 2022, marty stuart currently has an estimated net worth of $10 million. Requests to increase the lot coverage from 30 percent to 44.4 percent and the unit size from 50 percent to 58.4 percent were approved. The estimated Net Worth of Stuart A Miller is at least $429 Mille dollars as of 15 May 2017. The estimated Net Worth of Stuart A Miller is at least $429 Tausend dollars as of 15 May 2017. Investopedia does not include all offers available in the marketplace. In 2005, Lennar sold LNR to Cerberus in a deal worth $3.8 billion. brought Source: theboot.com. East Rock recently purchased the COVID-19 distressed luxury hotel Viceroy. Five Point executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. The name "Lennar" is a portmanteau of the first names of the founders of the company, Leonard Miller and Arnold Rosen. . Marty stuart is a musical legend. Buy a copy of A Penny's Worth of Character book by James M. Gifford, Jerry A. Herndon, Jim Wayne Miller, Jesse Stuart, Rocky Zornes. Chairman of Five Point since . He made $17.9 million last year,making him the fourth highest-earning South Florida executive. An early investment in Bank United which was seized by the FDIC before being acquired by receivership, proved to be a catalyst, followed by investments in Central Pacific Bank and West Coast Bank. In summary, during the past 3 months, insiders sold 0 shares of Lennar Corp (LEN) in total and bought 0 shares, with a net Stuart Miller was born on Aug. 8, 1957. Additionally, it boasts large rooms that were originally built as apartments. A Penny's Worth of Character . Stuart's mailing address filed with the SEC is C/O LENNAR CORPORATION, 700 NW 107 AVENUE, MIAMI, FL, 33172. Stuart A. Miller is the Exec. The estimated Net Worth of Stuart A Miller is at least $732 Tisc dollars as of 15 May 2017. The estimated Net Worth of Stuart A Miller is at least $423 Thousand dollars as of 15 May 2017. also . Given what was transpiring behind the scenes, in terms of the government taking over the asset and choosing to sell it, says Jonathan Wang, president of EOS Investors. LErmitage stood out to Shapiro and East Rock because the hotel did not have a multi-decade management agreement, an unusual distinction, which can be difficult to escape. The company is a member of the Fortune 500 and builds residential homes and develops commercial properties across the U.S. Lennar operates in 20 states including California, Florida, Texas, and New Jersey.