Lennar

Founded in 1954, Lennar is a leading U.S. homebuilder, headquartered in Miami, Florida. The company constructs affordable, move-up, and retirement homes across various lifestyles, including urban, golf course, Active Adult, and suburban communities.

Richard Beckwitt

Director

Bruce E. Gross

CEO Lennar Financial Services

Stuart Miller

Executive Chairman, Co-CEO and Board Member

Past deals in Residential Real Estate

Rausch Coleman Homes

Acquisition in 2024
Rausch Coleman Homes, established in 1957 in Fayetteville, Arkansas, is a real estate company that specializes in comprehensive community development. The firm's core business involves acquiring land, designing homes, planning street layouts, and creating community amenities such as parks. They offer move-in ready homes and allow customers to customize their options, aiming to enhance the quality of life for residents.

Veev

Acquisition in 2023
Veev Inc., founded in 2017 and headquartered in Minneapolis, Minnesota, is a building technology company that transforms the home construction and living experience. By utilizing its innovative home operating system, Veev provides clients with room-specific control over lighting, shading, and climate while enhancing security against intrusions and cyber threats. The company's construction approach incorporates modular systems featuring light gauge steel for framing, high-performance acrylic for surfaces, and advanced climate control technologies. Veev focuses on high-performance multifamily housing and accessory dwelling units, boasting a development pipeline of over 230 units, equating to 620,000 gross building square feet. Through comprehensive services that encompass design, permitting, modular construction, and a digital infrastructure, Veev empowers homeowners with enhanced control over their living environments.

Divvy Homes

Series B in 2019
Divvy Homes is a San Francisco-based tech-enabled real estate platform that enables rent-to-own paths to homeownership. Founded in 2017, the company identifies homes on the market, purchases them for the renter, and leases the property, allowing renters to build monthly savings toward ownership; it operates and leases homes in San Francisco, Atlanta, Cleveland, and Seattle. Renters can buy the home when ready or walk away and cash out their savings.

Doma Holdings

Series B in 2019
Doma Holdings Inc. is redefining the real estate transaction process by leveraging machine intelligence and patented technology to create an instant and affordable closing experience. The company operates through two main segments: Underwriting and Corporate and Other. The Underwriting segment primarily generates revenue through its title insurance underwriting business, which includes policies from both Direct Agents and Third-Party Agents. The Corporate and Other segment encompasses operations related to title, escrow, and settlement services. By streamlining these processes, Doma aims to architect the future of real estate transactions, enhancing efficiency and accessibility for all stakeholders involved.

Opendoor

Series E in 2019
Opendoor is a digital platform for residential real estate in the United States that enables consumers to buy and sell homes online. It operates an end-to-end marketplace with Sell to Opendoor, where sellers sell directly to the company, List with Opendoor, which partners with agents to list homes, and Opendoor Marketplace, a capital-light venue that connects sellers with institutional and retail buyers. The platform also provides integrated title insurance and escrow services through its subsidiaries, aiming to simplify transactions and accelerate the home buying and selling process.

Doma Holdings

Series B in 2019
Doma Holdings Inc. is redefining the real estate transaction process by leveraging machine intelligence and patented technology to create an instant and affordable closing experience. The company operates through two main segments: Underwriting and Corporate and Other. The Underwriting segment primarily generates revenue through its title insurance underwriting business, which includes policies from both Direct Agents and Third-Party Agents. The Corporate and Other segment encompasses operations related to title, escrow, and settlement services. By streamlining these processes, Doma aims to architect the future of real estate transactions, enhancing efficiency and accessibility for all stakeholders involved.

Opendoor

Series E in 2018
Opendoor is a digital platform for residential real estate in the United States that enables consumers to buy and sell homes online. It operates an end-to-end marketplace with Sell to Opendoor, where sellers sell directly to the company, List with Opendoor, which partners with agents to list homes, and Opendoor Marketplace, a capital-light venue that connects sellers with institutional and retail buyers. The platform also provides integrated title insurance and escrow services through its subsidiaries, aiming to simplify transactions and accelerate the home buying and selling process.

CalAtlantic Homes

Acquisition in 2018
CalAtlantic Group was a prominent provider of homebuilding services, formed from the merger of Ryland and Standard Pacific, combining nearly a century of industry experience. The company operated in 17 states with 26 divisions, serving 41 major markets, and was recognized for its well-crafted homes in thoughtfully designed communities. In addition to homebuilding, CalAtlantic offered mortgage financing and title services through its subsidiaries and joint ventures. Its strong focus on customer satisfaction and quality positioned it as a significant player in the new home sector until its acquisition by Lennar in February 2018.

Opendoor

Debt Financing in 2018
Opendoor is a digital platform for residential real estate in the United States that enables consumers to buy and sell homes online. It operates an end-to-end marketplace with Sell to Opendoor, where sellers sell directly to the company, List with Opendoor, which partners with agents to list homes, and Opendoor Marketplace, a capital-light venue that connects sellers with institutional and retail buyers. The platform also provides integrated title insurance and escrow services through its subsidiaries, aiming to simplify transactions and accelerate the home buying and selling process.

WCI Communities

Acquisition in 2016
WCI Communities is a construction and engineering company based in Bonita Springs, Florida, specializing in the development of master-planned communities. The company creates single and multi-family homes, residential towers, condominiums, and hotels, catering to over 150,000 residents who benefit from amenity-rich lifestyles. In addition to its home-building operations, WCI also provides complementary real estate brokerage and title services. The organization is dedicated to delivering high-quality construction and exceptional customer service, ensuring a positive experience for its customers.
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