February 16, 2015
In an update last week, D&B Editor Christian Hudspeth explained why “simply put, business has been good” for Lennar Corporation over the past five years. The homebuilder, one of the largest in the US, has benefitted from affordable home prices, low interest rates, and a strengthening economy. Its new home deliveries jumped some 15% in fiscal 2014, while the average sales prices rose 12%. Lennar has seen revenue increase from some $3.1 billion in fiscal 2010 to $7.8 billion in fiscal 2014. Follow Christian on Twitter.