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Lennar Corp Brazilian Depositary Receipt
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Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2023, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
With a total annual revenue of over $34 billion in 2023, Lennar operates in 26 states and 75 markets nationwide. In 2023, the company was ranked 119th on the Fortune 500. Lennar stock was added to the New York Stock Exchange in 1982 and as of 2024 has a market cap of around $47 billion.
The name Lennar is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen. Wikipedia
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