Nation’s leading homebuilder splits its Tri-state division into two divisions; adds new division president.

HAMILTON, N.J., Oct. 3, 2019  – Lennar Corporation (NYSE: LEN and LEN.B), the nation’s leading homebuilder, today announced the split of its tri-state division into two separate divisions – Lennar’s Pennsylvania/Delaware division and Lennar’s New Jersey/New York division. Twenty-year homebuilding industry veteran, Tench Tilghman, has been named division president of the Pennsylvania/Delaware markets. Anthony Mignone will remain division president of the New Jersey/New York markets.

“Lennar has created an extensive and diverse footprint throughout the important Northeast market,” said Anthony Mignone, division president of Lennar’s New Jersey/New York division. “In the interest of continuing and accelerating our growth plans into the future, we’ve created a new division and allocated resources to provide the strength and support necessary to extend our well-established track record of building homes for the way people live today.”

Tilghman will be responsible for managing all aspects related to Lennar’s newest division in the Greater Philadelphia Metro Area, which encompasses the Pennsylvania and Delaware markets.

“We are energized and excited to strengthen and expand our presence in the Philadelphia region,” said Tench Tilghman, division president of Lennar’s Pennsylvania/Delaware markets. “As a Philadelphia native, I can attest to the growth opportunities that abound here and I am eager to capitalize on these. Our business model will focus on providing the region with beautiful Lennar communities that incorporate world-class buying experiences, superior designs and exceptional quality at an incredible value. We have developed targeted and systematic strategies to increase market share and brand awareness at an exponential rate in the area, which has been implemented already to ensure rapid success.”

Lennar builds a diverse mix of homes across the Northeast market including entry-level, move-up and active adult homes. All homes include Lennar’s signature Everything’s Included® program, which ensures that today’s most desired new-home features are offered to residents in one package, at no extra cost. Among these is a Wi-Fi CERTIFIED™ package, green building features such as Energy Star® appliances and WaterSense® faucets, luxury designs and finishes, and extended services that simplify the home buying and owning experience.

About Lennar Corporation

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. The Company 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 the Company’s homes and, through Rialto Mortgage Finance, 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. Lennar Ventures drives Lennar Corporation’s technology and innovation strategies.  For more information about Lennar, please visit www.lennar.com.

Contact: Danielle Tocco
Vice President Communications
Lennar Corporation
Danielle.Tocco@lennar.com
Direct Line: 949.789.1633

Tustin, Calif. – October 2019 – Lennar’s long-awaited Levity at Tustin Legacy opened its doors to the public on September 28 and was met with huge success. Hundreds of home shoppers came out to enjoy the festivities and tour the model homes from Lennar’s three collections – Fleet, Velocity, and Icon. If you missed the event but are interested in these new homes for sale in Tustin, you may now stop by the Welcome Home Center for model tours daily. Interested buyers can also prequalify with Lennar’s affiliated lender, Eagle Home Mortgage, before visiting the community. 

“We could not be happier with the Grand Opening’s success and how well it was received by the community,” said Janet Price, Marketing Director for Lennar California Coastal. “Come out and experience this new and exciting development located right in the heart of Orange County. With a variety of home types and our Everything’s Included® program, all families can find their dream home within this desirable new masterplan.”

Levity at Tustin Legacy offers three collections:

These new Tustin homes by Lennar showcase contemporary architectural details and modern designs. Live better with open layouts, upgraded kitchens, outdoor living areas, elegant master suites and bonus rooms with decks per plan. Plus, enjoy tremendous value, style, and comfort with Lennar’s signature Everything’s Included® program, which incorporates popular upgrades and features in every new home as standard. Stainless steel appliances, beautiful soft-close cabinetry, exquisite countertops, Wi-Fi CERTIFIED™ Home Designs, home automation and much more come at no extra cost.

Levity features a great family-friendly amenity on-site with The Connection: a recreation center featuring a resort-style pool, spa, barbecues and plenty of seating for relaxation, entertaining and fun. Across the street is Victory Park, a large open playground for children. And within the area of Tustin Legacy, residents will have access to additional large and small neighborhood parks and future facilities like the Veterans Sports Park.

Located in the heart of Orange County, residents are minutes from John Wayne Airport, Metrolink, interstates and highways and many of the area’s best employment corridors, educational institutions, entertainment, dining, amusement parks, and outdoor recreation.

Levity at Tustin is located between Tustin Ranch Road and Victory Road in Tustin, Calif. 92782. For more information, visit www.lennar.com/levity.

About Lennar

Lennar 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 insurance, and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Irvine, Calif. – October 2019 – Central Park West is known as Irvine’s first urban masterplan and now has move-in ready homes at Tribeca. Interested buyers must act quickly as these homes will not last long! Located in a prime location in Irvine, residents will find an array of entertainment, shopping, transportation, and dining opportunities right next door and within walking distance, as well as sunny beaches, amusement parks, and vibrant nightlife just a short drive away.

“With great interest rates and quick move-in homes available now, take advantage of the incredible opportunity Tribeca presents to own real estate in a prime Irvine location,” said Janet Price, Marketing Director for Lennar California Coastal. “Tribeca is a first of its kind in Orange County, filled with resort-inspired amenities and close to all the popular recreation and entertainment that make southern California such a desirable place to live. Come find your dream home today and start living the life you deserve tomorrow!”

Tribeca offers new homes for sale in Irvine starting from the upper $500,000s. Flats and townhomes range from approximately 1,093 to 1,965 square feet with up to three bedrooms and three bathrooms. Floorplans optimize livable space and boast open living areas for easy entertaining, gourmet kitchens, decks, modern master suites with luxurious bathrooms and walk-in closets. New homes are also part of Lennar’s signature Everything’s Included® program, which means top-of-the-line features like stainless steel appliances, upgraded cabinetry, home automation and much more come included as standard.

Lennar will be showcasing brand-new models on October 10th from 6 to 8 p.m. and invites the public to come out and enjoy food, music and tour the stylish flats and townhomes. To RSVP, please contact CalCoastalMarketing@Lennar.com.

Central Park West is located between Rockefeller and York in Irvine, Calif. 92612. For more information, contact the Lennar iTeam at LennariTeam@Lennar.com or call 949-234-7880.

About Lennar

Lennar 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 insurance, and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Carlsbad, Calif. – October 2019 – Lennar’s long-awaited new home community Treviso opened its doors to the public on September 21st with huge success. Families of every type came out to enjoy the festivities and toured the three beautiful model homes that showcase innovative designs and an array of Everything’s Included® features that come at no extra cost. If you missed the event but are interested in these new homes for sale in Carlsbad, you may now stop by the Welcome Home Center to walk the models.

“We could not be more pleased with the turnout and all the positive feedback we received for this new home community in Carlsbad,” said Janet Price, Marketing Director for Lennar California Coastal. “Buyers were impressed with the wide range of designs available, such as our unique Next Gen® design which caters to the rise of multigenerational living, as well as all the upgrades that come as standard. So, if you’re on the lookout for a new home in the greater San Diego area, come check out Treviso!”

New homes at Treviso start from the low $800,000s. Find a home that’s perfect for your lifestyle with a smart collection of four designs, ranging from approximately 1,755 to 2,785 square feet with three to five bedrooms, two and one-half to four and one-half bathrooms and two-bay garages. Floorplans showcase open layouts that make entertaining easy, beautiful kitchens, large master suites with spa-inspired bathrooms, spacious secondary bedrooms for the kids and flexible bonus rooms per plan.

Buyers can also tour Lennar’s popular Next Gen® – The Home Within A Home® design, which was designed to comfortably and privately accommodate multiple generations under one roof. The layout features a main home with an attached private suite complete with its own separate entrance, living area with kitchenette, bathroom, bedroom, and even laundry area. Perfect, way to keep the family together!

Residents at Treviso have access to exciting amenities throughout their community, including pocket parks, a tot lot, recreation center with pool and spa, RV parking, EV charging stations and BBQs. Plus, many of Carlsbad’s best attractions are a short drive away from Treviso, such as LEGOLAND® California Resort, SEA LIFE Aquarium®, The seasonal Flower Fields and K1 Speed.

To tour the model homes, visit the Treviso Welcome Home Center located between Cassia Road and Poinsettia in Carlsbad, Calif. 92010. For more information, visit www.lennar.com/sandiego or contact the Lennar iTeam at LennariTeam@Lennar.com or 888-220-5502.

About Lennar

Lennar 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 insurance, and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Located at the foothills of the North Georgia Mountains in West Forsyth is one of Lennar’s most highly sought after communities – Mountain Crest.

Mountain Crest is an amenity-rich community comprised of single-family homes, townhomes, and ranch plan residences designed to complement homeowners of all life stages – from first-time homebuyers to growing families to Active Adults. Floor plans range from 2,100 to 4,353 square feet, with three bedrooms and two and a half bathrooms to five bedrooms and four and a half bathrooms. Prices range from the low $300s to the low $600s.

Mountain Crest’s many resort-style amenities are a major draw to this fine community. There’s something for everyone here including a private clubhouse, a Junior Olympic swimming pool, four lighted tennis courts, four pickleball courts, a viewing pavilion and a playground perfect for our littler residents and young visitors. The Village Green is a central gathering place with sports fields, gardens, walking paths and benches. Residents will also enjoy a full activities calendar curated by Lynette, Mountain Crest’s full-time activities director.

Families with school-aged children will appreciate Mountain Crest’s proximity to excellent schools including Forsyth Central High School, Otwell Middle School, and Sawnee Elementary School, all of which are just a 10-minute drive from the community gates.

There’s plenty to do within the gates of Mountain Crest, as well as within the City of Cumming’s uniquely rural surroundings. Here you can enjoy life amongst nature, the beloved Sawnee Mountain Preserve, Lake Lanier and the world-class golf courses. Then, when the city calls, Atlanta is only a 40-mile drive away. At Mountain Crest, you truly have the best of both worlds.

Mountain Crest’s surroundings are rural, but there’s still plenty of conveniences such as shopping, dining, and entertainment nearby. Here are just a few great restaurants, shops and things to do within a 15-minute drive of the Mountain Crest community gates:

Excellent Dining Options:

Things To Do:

Shopping:

Mountain Crest residents have plenty of options when it comes to grocery shopping. Nearby stores include Kroger, Publix, Earth Fare, Sprouts, Ingles Market, Super Market La Rosita, and Walmart.

Surrounding shopping malls include Vickery Village, Cumming Marketplace, The Avalon, The Halcyon and The Collection at Forsyth.

Discover Lennar’s idyllic community – Mountain Crest in West Forsyth. A thoughtfully designed master-planned community priced from the low $300s. For more information or to schedule a tour, contact our Internet Sales Consultants:

Linda Bates, Kim Nolte & Kelly Fabian

2395 Westlington Circle
Cumming, GA 30040

(404) 931-7462

Mesa, Ariz. – October 2019 – Save the date and mark your calendars because new model homes from Lennar’s Discovery and Horizon series at Eastmark are set to open October 18th. It’s a great opportunity for home shoppers interested in this amenity-rich masterplan in Mesa to explore the great selection of new home designs available, as well as experience the Lennar difference with their signature Everything’s Included® program.

“With two home series available, we’ve got something for every type of family, including our unique Next Gen® design that was thoughtfully created to address the rise of multigenerational living,” said Alan Jones, Division President for Lennar Phoenix. “Our new models will allow home shoppers to envision their life at Eastmark where floorplans have been tailored to meet their lifestyles. So, save the date, round up your family and come experience something new and exciting in Mesa!”

Discovery and Horizon present new homes for sale in Mesa starting from the low $300,000s. Choose from eight single-level designs ranging from approximately 1,739 to 2,474 square feet with three to five bedrooms, two to three bathrooms and two-bay garages. Per plan, designs showcase open living areas that extend to the outdoors for easy entertaining, upscale kitchens, sophisticated owner’s suites and flexible bonus rooms.

Additionally, Lennar’s innovative Next Gen® – The Home Within A Home® design is available and offers a convenient solution for extended families seeking a dedicated space in their home for their aging parents or long-term guests.  Discover two homes under one roof with this smart layout that presents a main home with an attached private suite, complete with its own separate entrance, living area with kitchenette, bedroom and bathroom. This layout allows everyone to have their own space, privacy but remain connected.

Lennar’s signature Everything’s Included® program also makes the home buying process much simpler by incorporating the new home features and upgrades today’s buyers want in their dream home as standard. Enjoy stainless steel appliances, luxury countertops, designer-selected cabinetry, energy-efficient technology, home automation and much more at no extra cost.

The lifestyle you always imagined for your family is available at Eastmark with family-oriented amenities, schools, businesses and much more interwoven throughout. Residents can fill their days with multiple parks, playgrounds, pools, a lake/pond, community center and sports courts available right at their fingertips. It’s just one of the many perks that come with living in a new masterplan community.

Discovery and Horizon at Eastmark is now pre-selling. Prospective buyers can visit the Welcome Home Center at Eastmark Eclipse located at 4551 South Nebula in Mesa, Ariz. 85212. For more information, visit www.Lennar.com/Phoenix or call 800-864-1058.

About Lennar

Lennar 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 insurance, and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.

Tucson, Ariz. – October 2019 – The wait is over! Lennar’s model homes at their brand-new community Estrella Del Norte in Tucson are now open. Interested home shoppers are encouraged to stop by the Welcome Home Center and tour two model homes showcasing innovative designs and an array of Everything’s Included® features, as well as Lennar’s innovative Next Gen® – The Home Within A Home® design which allows multiple generations to live comfortably under one roof.  

“With single, two-story and multigenerational designs, Everything’s Included® features and a great location, families of every type can find their dream home at Estrella Del Norte,” said Tom Gansheimer, Division President for Lennar Tucson. “If you’re on the lookout for a new home in Tucson, stop by our new home community, tour the homes and envision your life in this spectacular neighborhood.”

Estrella Del Norte presents new homes for sale in Tucson starting from the low $200,000s. Choose from a collection of four distinctive designs, with single and two-story designs with three to five bedrooms, two to three and one-half bathrooms and two-car garages. Experience better living with open floorplans, gourmet kitchens, spacious Great Rooms, large dining areas, covered patios, sophisticated master suites boasting spa-inspired bathrooms and walk-in closets plus flexible spaces per plan.

Additionally, the Desert Willow design showcases Lennar’s popular Next Gen® design for easy multigenerational living. The layout provides a main home with an attached private suite complete with its own separate entrance, living area with kitchenette, bedroom, and bathroom. The suite is connected to the main home through a dual access door, which makes it an ideal living space for aging parents who want to be close to their grandkids or long-term guests.

These new Tucson homes at Estrella Del Norte also feature Lennar’s signature Everything’s Included® program, which has revolutionized the homebuying process by incorporating the market’s most desired features and upgrades as standard. Granite countertops, stainless steel appliances, designer-selected cabinetry, home automation, Wi-Fi CERTIFIED™ Home Designs and much more come included at no extra cost.

Residents at Estrella Del Norte also have access to a host of amenities with a community park nearby with amenities for everyone in the family, including a greenbelt, picnic area, playground, sports courts and trails.

To tour the model homes, visit the Welcome Home Center located at 6887 Canopus Loop in Tucson, Ariz. 85757. For more information, visit www.Lennar.com/Tucson or call 800-864-1055.

About Lennar

Lennar 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 insurance, and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.