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Lennar Austin is excited to unveil the new Wi-Fi CERTIFIED™ Home Design at their beautiful Enclave at Estancia community. Omar L. Gallaga reports on what’s included in a Lennar Connected Home in this new article from 512tech.com.
“Alexa, I’m home.”
The command, given at the entry foyer of a model home in South Austin’s Enclave at Estancia, does a few things.
Amazon’s voice-recognition technology, which is in a variety of devices in many homes, in this case is triggering a set of family room blinds to rise at the same time that multiple lights are turning on.
If a homeowner wanted, it could also trigger some relaxing welcome-home music to play, to turn on the TV or to set the right evening temperature on the home’s smart thermostats.
For Charlie Coleman, Austin division president at Lennar Corp., the nation’s largest home builder, the Alexa experience is just one part of a connected home, “everything’s Included” package that is now a standard for 200 homes being built in a 400-home community off Onion Creek Parkway.
What’s really powering the technology, Coleman says, is that the new houses Lennar is building here, along with others in its 49 Austin-area home communities and projects in 21 states, will be Wi-Fi Certified. The designation for pre-installed Wi-Fi comes from the Austin-based Wi-Fi Alliance, which typically gives its seal of certification to products such as routers and smartphones, but which now has standards for the wireless connectivity in smart homes.
That means no Wi-FI dead spots, Coleman says, no matter what devices you’re using in the home or anywhere on the property.
“We think that’s important to our customers as we engineer and design the home,” he said. “It’s no different than you would expect a builder to design heat, air conditioning and plumbing.”
Read the full article: In new South Austin development, smart homes come with a roommate: Alexa
Lennar continues to unveil new Wi-Fi CERTIFIED Home Designs in communities across the country, reimagining the home-buying experience by including the most desired new home features at no extra cost to home buyers. Learn more about Lennar’s Connected Home in this new article by Lauren Shanesy for BuilderOnline.
Earlier this month, Lennar unveiled Enclave at Estancia in Austin, Texas, one of the first in its communities of Wi-Fi CERTIFIED™ homes.
Last June, the nation’s no. 2 home builder—according to our most recent Builder 100 List—announced that it would begin building homes which integrate pre-installed wireless technology to provide coverage in every room with no dead spots or interrupted coverage as part of its Everything’s Included program, which incorporates smart home technology as a standard in new builds. The builder is the first to adopt the standard, which is certified by Wi-Fi Alliance, a worldwide network of companies that drives the adoption of wireless technology.
“People are excited about living in a home that is more consistent with the way they live their life, and it’s time the home reflected the wireless lifestyle people enjoy at work or on the go,” says David Kaiserman, president of Lennar Ventures. “What we’ve learned [from building these homes] is that we needn’t complicate the home by picking individual smart home features. It’s really about a whole-home solution. We recognize that we live in a wireless world—50% of the worlds internet traffic is transferred over Wi-Fi—so as we thought about the core infrastructure of a smart home, Wi-Fi Certified homes were a natural choice for us.”
The Wi-Fi CERTIFIED™ Home Design engineers the home with wireless access points, which are built right into the home during construction for maximum, uninterrupted coverage. The home is also powered by Amazon Alexa and incorporates built-in technology features, such as connected thermostats, lighting, and doorbell cameras, that are powered by the SmartThings platform. Amazon even sends a service team to the home after move in to set up the devices and make sure everything is working.
Read the full article: Is Wi-Fi the Future of the Smart Home?
MIAMI, Feb. 12, 2018 /PRNewswire/ — Lennar Corporation (NYSE: LEN and LEN.B) (“Lennar”) announced that it has completed the previously-announced strategic combination with CalAtlantic Group, Inc. (NYSE: CAA) (“CalAtlantic”).
The transaction, which is in the form of a merger of CalAtlantic into a wholly-owned subsidiary of Lennar, was overwhelmingly approved today by both companies’ stockholders. Pursuant to the Certificate of Merger filed in Delaware, the merger will be effective today at 11:59 PM ET.
Stuart Miller, Chief Executive Officer of Lennar, said, “We are extremely pleased to announce the completion of this strategic combination with CalAtlantic, creating the nation’s leading homebuilder. This combination benefits from overall economic strength, driven by low unemployment, rising wages, favorable tax reform, higher consumer confidence and strong housing demand. In this context, the normalization of interest rates should be offset by these favorable economic conditions.”
Mr. Miller continued, “This combination brought together two leading homebuilders in familiar markets with compatible product lines. With stable to improving market conditions, this combination enables our company to use local market concentration to drive synergies and efficiencies in the most strategic markets in the country.”
“As we articulated previously, the preparation for the integration process has been well underway and our integration team has made tremendous progress on the roadmap to begin achieving direct cost savings, production efficiencies, technology improvement, consistent underwriting of land acquisitions and overhead reduction. As we close this transaction, we are prepared to drive operational excellence by bringing down direct costs and S,G&A expenses, and enhancing shareholder value.”
Mr. Miller concluded, “We would like to extend a warm welcome to all of the CalAtlantic associates joining the Lennar family, including Scott Stowell, currently CalAtlantic’s Executive Chairman of the Board, who will join our Board of Directors and Jeff McCall, currently CalAtlantic’s Chief Financial Officer, who will become our new Senior Vice President focusing on corporate services.”
Lennar and CalAtlantic are two of the nation’s largest homebuilders, building affordable, move-up and retirement homes for all generations. As a result of the combination, Lennar will be the largest homebuilder in the United States based on revenues. Lennar will own or control approximately 250,000 homesites and be actively selling homes in approximately 1,300 residential communities in 21 states. In its most recent fiscal year, Lennar delivered 29,394 single family homes and CalAtlantic delivered 14,602 single family homes. Both companies also provide mortgage financing, title insurance and closing services to buyers of homes they build and to others. In addition, Lennar’s Rialto segment is a vertically integrated asset management platform, focusing on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high quality multifamily rental properties.
As a result of the merger, CalAtlantic stockholders will receive with regard to each share of CalAtlantic common stock, 0.885 shares of Lennar Class A common stock and 0.0177 shares of Lennar Class B common stock. Stockholders had the option to receive $48.26 per share in cash instead of Lennar stock with regard up to 24,083,091 shares, and a major CalAtlantic stockholder had agreed that to the extent stockholders did not elect to receive cash with regard to the maximum number of shares, the major stockholder would receive $48.26 per share in cash for the remainder of the 24,083,091 shares. Therefore, the merger consideration will consist of approximately $1.16 billion in cash, 82,731,943 shares of Lennar Class A common stock and 1,654,639 shares of Lennar Class B common stock. Based on closing prices reported on the New York Stock exchange on Friday, February 9, 2018, the value of the Lennar Class A and Class B common stock that will be issued in the merger totaled $4.9 billion. Lennar may issue additional shares and pay additional cash in the future as a result of conversions of convertible debt securities and exercises of options, restricted stock units and stock appreciation rights that had been issued by CalAtlantic.
Lennar’s strategic combination with CalAtlantic was approved by approximately 99.4% of the Lennar votes that were cast with regard to it and approximately 99.9% of the CalAtlantic shares that were voted with regard to it.
At the Lennar stockholders meeting, Lennar’s stockholders also approved increasing the number of shares of Class A common stock that Lennar is authorized to issue to 400 million shares from the previously authorized 300 million shares.
Note regarding forward-looking statements
This press release contains “forward-looking statements,” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “will,” “expect,” “outlook,” “anticipate,” “intend,” “plan,” “believe,” “seek”, “see,” “would,” “target” or other similar words, phrases or expressions and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as the statement that Lennar and its subsidiaries will be the largest homebuilder in the United States on the basis of revenues and other statements that are not historical facts. These statements are based on current expectations of Lennar’s management, but are not necessarily accurate predictions of future performance.
These forward looking statements are subject to risks, uncertainties and assumptions. Accordingly, the forward-looking statements should be evaluated with consideration given to the risks and uncertainties that could cause actual results and events to differ materially from those contemplated by the forward-looking statements, including the possibility that the future homebuilding revenues of Lennar and its subsidiaries will be less than expected or that other homebuilders’ revenues will be greater than currently expected by Lennar’s management. There is a description of a number of risks that could affect Lennar and its subsidiaries in the “Risk Factors” section of Lennar’s Annual Report on Form 10-K for the fiscal year ended November 30, 2017. However it is not possible to identify all risks that could affect Lennar or to assess the potential impact of all risks on Lennar’s businesses. Additional information about these and other important factors relating to Lennar and its businesses can be found in Lennar’s filings with the SEC. Statements in this press release should be evaluated in light of these factors.
The statements in this press release speak only as of its date. Lennar undertakes no obligation to update any forward-looking or other statements to reflect events or circumstances after this press release is issued, except as required by applicable laws or regulations.
Where to find additional information about the merger
In connection with the Merger, Lennar filed with the SEC a registration statement on Form S-4, File No. 333-221738, which includes a joint proxy statement of Lennar and CalAtlantic that also constitutes a prospectus with regard to the Lennar shares that are being issued in the Merger. INVESTORS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER. You can obtain a copy of the joint proxy statement/prospectus and other documents filed by Lennar or CalAtlantic with the SEC at the SEC’s website www.sec.gov. Copies of documents filed by Lennar with the SEC are also available free of charge on Lennar’s website www.lennar.com or by contacting Allison Bober, Investor Relations, at 305-485-2038.
CONTACT: Allison Bober, Investor Relations, Lennar Corporation, (305) 485-2038; Danielle Tocco, Media Relations, Lennar Corporation, (949) 789-1633
Looking for something stylish and environmentally friendly to finish up your gift list? The team at SunStreet has rounded up a list of brands that are changing the manufacturing industry by making everything from socks and apparel to bags, wallets, and even swimwear – all from sustainable and recyclable materials.
Osom is a Florida-based brand that makes socks from yarns that are spun from 95% clothing and textile waste. Textile waste is broken down and re-spun into new yarn. Osom doesn’t use any water or chemical dyes unlike other textile manufacturers; they simply use fabrics that are broken down and repurposed.
The Osom folks were generous enough to provide us with a promo code of 25% that you can use this holiday season! Just head over to their site and use promo code futureissolar25 to get this wonderful discount! This coupon expires on December 18th, so make sure you don’t miss out on this incredible special.
UK brand Vivobarefoot creates footwear made of recycled PET and natural materials. Their stylish shoes save an average of 17 water bottles from ending up as landfill. One of our favorite Vivobarefoot footwear for men is the Gobi II. This shoe is their first minimalist dessert boot made of natural leather and an ultra-thin sole. The Gobi II also includes a cork deck made from 100% recycled foam! Vivobarefoot aims to satisfy those who would rather not have footwear at all, which might be the perfect gift for that adventurous non-conformist on your list!
Our friends at Vivobarefoot were generous enough to offer us a coupon code of 10% for all of their products from today until December 31st. All you have to do is enter the code SUNST10 during checkout, and you’ll get this fantastic coupon! What are you waiting for? Head to their site & take advantage of this offer before it’s too late!
Another brand rethinking the manufacturing game is Californian-based startup Rareform. Rareform creates unique backpacks, bags, and even wallets out of billboards that have become obsolete. They came up with this idea during a trip to South America in which they witnessed house roofs made out of billboards. Since then, they have found various unique ways to repurpose vinyl billboards deemed useless.We love their unique Ace Anderson Bi-Fold Wallet and think you should add them to your list as well!
Canadian brand Pelacase only specializes in phone cases made of plants, not plastic. Hence, they’re completely biodegradable. Each year as a new phone model comes out consumers tend to throw out their phones as well as their phone cases. These cases are primarily made of plastic and take decades to break down in the ecosystem. Fortunately, Pela Case uses recycled materials that make the phone 100% compostable.Head to their site to see their stylish, yet sustainable iPhone cases!
Why buy when you can DIY? Give the gift of snow by creating a personalized snow globe! This stocking stuffer is perfect for anyone who loves looking at snow all year long. The best part of it is that it can be made using old materials that are deemed futile like empty baby food jars, olive jars, and screw-top bottles. Do you want to surprise a loved one with this gift?Check out Martha Stewart’s how-to guide on this beautiful snow globe!
Perhaps someone on the list just asked for a gift card, but the creativity in you just doesn’t think that’s enough. It’s okay, it happens. But when it does, put some effort into a beautiful, stylish case from old repurposed cereal boxes and gift wrap. This creative DIY gift can add a little bit of flair to the stocking, and adds that personal touch. If you want a step-by-step guide for the perfect box, head over to heatherbailey.com for the how-to guide!
What’s on your “Sustainable Stocking Stuffer” wish list?
Let us know what you included on your list of Sustainable Stocking Stuffers by tagging @SunStreetUSA on any social media outlet.
Source: 6 Sustainable and Stylish Stocking Stuffers – I Heart Sun by SunStreet
Happy Holidays, from our Lennar family to yours. Visit Amazon.com/Smart or Lennar.com/EI to learn more.
Lennar has partnered with the Wi-Fi Alliance® to deliver the world’s first Wi-Fi CERTIFIED™ Home Design in new home communities across the country, including Lennar’s North Creek Ridge in Western Washington. KIRO 7 Seattle visited this Lennar Bothell community to take a look inside what the certification means and how it could impact the future of homebuilding.
Watch the video below to see how Lennar’s Wi-Fi CERTIFIED™ Home Design is engineered to keep you connected, and visit Lennar.com/EI to learn more.
Bonney Lake, Wash. – November 2017 – Lennar is thrilled to announce a new phase they are bringing to the Tehaleh master planned community, Berkeley Park, which will provide 50 homesites for homebuyers looking to own in the area. The community has plans to Grand Open in late Winter 2018 and has already begun preselling at special pre-grand opening prices right now.
“Tehaleh is an incredible masterplan that provides the opportunity to own new in a family-oriented community,” said Bill Salvesen, Vice President of Sales and Marketing for Lennar Seattle. “Since we’re only building a limited number of homesites, interested buyers should act quickly and join our VIP sales priority list. You’ll want to take advantage of pre-grand opening pricing and reserve your spot once presales begin.”
At Lennar Berkeley Park at Tehaleh, four distinctive floorplans will be available in a variety of elevation styles. Lennar’s wildly popular Bainbridge plan will be offered here and is a multigenerational, Next Gen® floorplan. In total, all four floorplans range in size from approximately 2,873 to 3,264 square feet.
Each of Lennar’s new homes at Berkeley Park will be Wi-Fi CERTIFIED™ for seamless and continuous coverage throughout every room. As part of Lennar’s new Wi-Fi CERTIFIED Home Design™, they will also come with the latest in home automation technology from trusted brands allowing homeowners to control things such as lights, music, locking and unlocking the front door, the thermostat and even the blinds — with their voice or straight from their smart phone.
As a masterplanned community, residents of Tehaleh get to enjoy access to great amenities. The Post is the hub of social recreation and also makes a great place for people to stop by for a cup of coffee, warm pastry and is often used for community events. Tehaleh residents love the community’s beautiful natural surroundings and enjoy the walking trails, playgrounds, picnic area and nearby pond just steps outside their door.
For more information on this community or to sign up for the interest list, visit www.lennar.com/tehaleh. To view more new home communities throughout the Greater Puget Sound, visit www.lennar.com/seattle.
With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders. Lennar has a longstanding history of building homes of enduring quality in only the most well planned and desirable locations throughout the country.
Lennar and Village Builders showcases new homebuilding approach enabling whole-home Wi-Fi, seamless voice control, online shopping and home automation as standard features
HOUSTON, November 10, 2017 – Lennar (NYSE: LEN and LEN.B), one of the nation’s largest builders, announces the unveiling of the world’s first Wi-Fi CERTIFIED smart homes featuring integrated automation and voice control with Amazon Alexa – across Houston area Lennar and Village Builders communities. Welcome Home Centers are open daily for the public to discover state-of-the-art living in a Wi-Fi CERTIFIED home.
Lennar’s Wi-Fi CERTIFIED Home Design™ guarantees consistent, reliable coverage in every room of the home. This allows buyers to control a wide range of included smart products from the most innovative and reliable manufacturers – including Amazon, Baldwin, Honeywell, Kwikset, Lutron, Ring, Ruckus, Samsung and Sonos.
“There’s no doubt that people are intrigued and excited by the idea of living in a smart home that is connected and easy to control,” said Lennar Division President Don Luke. “But there’s an equal measure of trepidation about installation and selecting the right devices. Lennar takes the guess work out of it by curating the best brands and engineering them right into construction to create an entirely new way of living.”
During the design of Lennar and Village Builder’s Wi-Fi CERTIFIED homes, every floor plan undergoes a rigorous process that includes mapping Wi-Fi signal strength and quality – taking into consideration building materials and other factors that can affect connectivity. That determines the placement of commercial-grade Ruckus Unleashed access points re built right into the home during construction, according to demanding standards set by the Wi-Fi Alliance, the worldwide network of companies that drives the interoperability, adoption, and evolution of Wi-Fi globally.
In addition the significant value Lennar’s signature Everything’s Included program already offers – such as upgraded countertops and appliances – buyers also receive a wide range of smart products from top manufacturers that change the way they live in their new home at no additional cost. For example:
“Living in a Wi-Fi CERTIFIED home design creates an experience once reserved for the technologically sophisticated – and now it’s within reach of every Lennar and Village Builder’s homebuyer at every price point,” Don Luke said. “We’ve engineered a home that weaves the best technology brands into daily life in ways that connect people and truly reflect how they live today.”
Information on communities and welcome home centers featuring the Wi-Fi CERTIFIED® home design, please visit the Lennar.com Houston website.
It’s about saying YES!
Lennar Austin is excited to roll out our Year End Savings Sales Event! Buyers can say YES to a variety of offers that will fit their needs. Choose from up to $30,000 off started inventory homes across the Austin metro area. Also, buyers can choose from reduced closing costs, or an appliance package or just enjoy substantial savings, it’s your choice, it’s up to you! Please hurry in to one of our Lennar or Village Builder communities as this limited time offer ends November 30th, 2017. View Communities.
Love where you live! Enclave at Estancia is a private gated community with beautiful mature trees, a playground as well as a pool in the future. This gorgeous community is located right off of I-35 in South Austin giving buyers quick access to retail stores in South Park Meadows (Austin’s premier retail development with over 500 acres of shopping and entertainment). The community is also a quick drive to downtown Austin where fabulous restaurants and music can be found.
Lennar is also offering the Connected Home. Come see and test Lennar’s new home automation features at Enclave at Estancia. These cutting-edge home designs include no Wi-Fi dead spots, voice-controlled lighting, keyless entries and remote activation through your mobile device, to name a few. By engineering state-of-the-art wireless access points into the design and construction, Lennar keeps you connected to what matters most. Everything’s included and every room is connected. (See your New Home Consultant for more details.) Lennar has 3 Welcome Home Centers for you to tour.
Visit us at the Enclave at Estancia where luxury living is the standard in South Austin.
Welcome Home Center
12400 Morelia Way
Austin, TX 78748
512-965-9347
Welcome Home Center Hours:
Sunday – Monday 12:00 am to 6:00 pm
