Penrose - Cornerstone

Lennar Corporation is a publicly traded homebuilding and real estate services company headquartered in Miami, Florida. Founded in 1954, the company began as a local Miami homebuilder and has since grown into one of the largest residential construction firms in the United States. Lennar operates primarily under the Lennar brand, constructing and selling single-family homes, townhomes, and condominiums designed for first-time, move-up, active adult, and luxury homebuyers. Beyond homebuilding, Lennar maintains vertically integrated operations that include mortgage origination, title insurance, and closing services through its financial services segment, as well as multifamily development and property technology investments. The company is listed on the New York Stock Exchange under the ticker symbols LEN and LEN.B and is a component of the S&P 500. Lennar’s corporate leadership and administrative functions are based in Miami, where the firm oversees national strategy, capital allocation, and operational standards across its regional homebuilding divisions. As of fiscal year 2025, Lennar delivered more than 80,000 homes and employed thousands of people nationwide, with operations spanning across the country.