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Tag Archives: Lennar Corp.

Home construction leaps 10.5 percent in August thanks to condos, apartments

By ?ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Home construction increased last month and applications for building permits also grew. But the gains were driven mainly by apartment and condominium construction, not the much larger single-family homes sector. ...

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Lennar 1Q loss widens as revenue drops

ALEX VEIGA AP Real Estate Writer Homebuilder Lennar Corp. said Monday its fiscal first-quarter losses ballooned 77 percent as it booked charges to adjust land and inventory values, while home deliveries and new orders plunged despite stepped-up buyer incentives. Chief ...

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