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LENNAR CORP /NEW/
Lennar Corporation completed the offering of $600 million in aggregate principal amount of senior notes on October 15, 2026. The offering consists of $300 million of 5.700% senior notes due 2029 and $300 million of 5.950% senior notes due 2032, with proceeds intended for general corporate purposes.…more
LENNAR CORP /NEW/
Lennar Corporation is issuing $600 million in aggregate principal amount of senior unsecured notes, consisting of $300 million due in 2029 and $300 million due in 2032. The offering supports the company's asset-light strategy and general corporate purposes. For the third quarter of 2026, the company reported $32 billion in revenue and $284 million in net earnings.…more
LENNAR CORP /NEW/
Lennar Corporation has finalized the offering of $600 million in senior notes. The offering consists of $300 million in 5.700% notes due 2029 and $300 million in 5.950% notes due 2032, with proceeds intended for general corporate purposes.…more
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Berkshire Hathaway Increases Stake in Lennar with 2.4M Share Purchase
Warren Buffett's Berkshire Hathaway purchased approximately 2.42 million shares of Lennar at an average price of $79.65 in early October. This acquisition brings Berkshire's total holdings in the company to over 28.4 million shares.…more
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Lennar and KB Home warned that data center labor demand, inflation, and tariffs are increasing housing construction costs. While KB Home beat earnings estimates and Lennar missed, both companies expressed concerns regarding a weakening operating environment.…more
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Berkshire Hathaway purchased 660,410 shares of Lennar at an average price of $81.59 between September 28 and 30. This move increases the firm's total holdings in the homebuilder to over 26 million shares.…more
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