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DALLAS, Aug. 7, 2025 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, has appointed Janell Downing as Agency Account Manager for Ohio, New Jersey and Pennsylvania. A seasoned title professional, Downing will drive business development efforts in these territories by forming and managing relationships with title insurance agents while supporting their growth initiatives.
JACKSONVILLE, Fla., July 10, 2025 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today announced the grand opening of the new amenity center at Seaton Creek, a master-planned community of single-family homes. Interested homebuyers and community residents are invited to a grand opening celebration during the Seaton Creek Carnival on Saturday, July 12, from 11 a.m. to 3 p.m. at 15561 Seaton Creek Drive, Jacksonville, FL 32218.
DALLAS, July 10, 2025 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, is pleased to add Michael Campbell as Vice President, Underwriting Counsel for Michigan. Campbell will provide underwriting support and guidance to TRG's independent and affiliated title agents and escrow officers throughout Michigan and the broader Midwest, expanding the company's footprint in the region.
324-home community offers attainable, elevated living in Suburban Atlanta
ATLANTA, July 1, 2025 /PRNewswire/ -- Quarterra Group, a subsidiary of Lennar Corporation and a real estate investment and development firm, today announced the start of leasing at Emblem Mill Road, an attainably priced community located in McDonough, Georgia, southeast of Atlanta. The management of Emblem Mill Road will fall under the recent merger agreement between Quarterra Living, the property management division of Quarterra Group and RKW Residential, the property management arm for Alfred.
Community to Offer 396 Apartment Homes in the Boston Suburb of Everett
EVERETT, Mass., June 26, 2025 /PRNewswire/ -- Quarterra Group, a subsidiary of Lennar Corporation and a real estate investment and development firm, today announced the start of leasing at Artemas, a mid-rise apartment community in Everett, Massachusetts, just four miles north of Downtown Boston. The management of Artemas falls under the recent merger agreement between Quarterra Living, the property management division of Quarterra Group, and RKW Residential, the property management arm for Alfred.
DALLAS, June 25, 2025 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, is pleased to welcome Natasha Branch as Vice President, Education and Underwriting Counsel for North Carolina. Natasha will provide underwriting support and guidance to independent and affiliated title agents throughout North Carolina and the broader Southeast, expanding TRG's footprint in the state.
MIAMI, June 19, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on July 18, 2025 to holders of record at the close of business on July 3, 2025.
About LennarLennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.
Second Quarter 2025 Highlights - comparisons to the prior year quarter
Net earnings per diluted share of $1.81 ($1.90 excluding mark-to-market losses on technology investments)Net earnings of $477 millionNew orders increased 6% to 22,601 homesBacklog of 15,538 homes with a dollar value of $6.5 billionDeliveries increased 2% to 20,131 homesTotal revenues of $8.4 billionHomebuilding operating earnings of $728 millionGross margin on home sales of 17.8% (18.0% excluding purchase accounting)SG&A expenses as a % of revenues from home sales of 8.8%Net margin on home sales of 8.9% (9.2% excluding purchase accounting)Financial Services operating earnings of $157 millionMultifamily operating loss of $15 millionLennar Other operating loss of $53 millionYears supply of owned homesites of 0.1 yearsControlled homesites of 98%Homebuilding cash and cash equivalents of $1.2 billion; total liquidity of $5.4 billionIssued $700 million of 5.20% senior notes due 2030, primarily used to redeem $500 million of 4.75% senior notes due in May 2025Outstanding borrowings of $400 million under the Company's $3.0 billion revolving credit facilityHomebuilding debt to total capital of 11.0%Repurchased 4.7 million shares of Lennar common stock for $517 millionWESLEY CHAPEL, Fla., June 5, 2025 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, is now selling at The Townes at Arbors at Wiregrass, a new community of luxury townhomes in Wesley Chapel, FL. Offering three unique floorplans in a desirable location, The Townes at Arbors at Wiregrass is the ideal community for buyers looking for peaceful yet connected living in the Tampa area.
MIAMI, June 3, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the second quarter ended May 31, 2025 after the market closes on June 16, 2025. Additionally, the Company will host a conference call on June 17, 2025 at 11:00 a.m. Eastern Time.
The call will be broadcast live and can be accessed through Lennar's website at investors.lennar.com. If you are unable to participate during the live webcast, the call will be archived at investors.lennar.com for 90 days.