Lennar

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Headquarters: 700 Northwest 107th Avenue Miami, FL 33172 Employees: 4,700 CEO: Stuart Miller Stock Symbol: LEN Website: http://www.lennar.com Career Site Lennar is one of the nation's largest homebuilders with a diversified product line including homes for first-time, move-up and active adult buyers. Lennar builds homes priced from $100,000 to over $1,000,000 and are available in urban infill communities to golf course communities. The company markets homes in dual packages with "Everything's Included" and "Design Studio" that gives customers flexibility to choose how they would like to purchase their new home and what features are available. Founded in 1954, Lennar has the following home brands: Cambridge, Greystone, Lennar, NuHome, Patriot, U.S. Home, and Village Builders. Combined, Lennar has delivered more than 500,000 homes in 19 states across the country. Lennar's market regions consist of homebuilding divisions in 17 states: * Arizona - Phoenix and Tucson * California - Bakersfield, Fresno/Central Valley, Los Angeles/Valencia, Orange County, Palm Springs/Coachella, Riverside County, Sacramento, San Bernardino, San Diego, and San Francisco/Bay Area * Colorado - Denver * Florida - Clermont, Ft. Lauderdale, Jacksonville/St. Augustine, Lakeland, Melbourne/Palm Bay, Miami, Naples/Ft. Myers, Orlando, Sarasota/Manatee, Tampa, and Treasure Coast/Palm Beach * Illinois - Chicago * Maryland - Baltimore, Eastern Shore, and MD/DC Metro * Massachusetts - Boston * Minnesota - Minneapolis/St. Paul * Nevada - Las Vegas and Reno * New Jersey - Edison Township, Mays Landing, Monroe Township, Rockaway Township, Waretown, Weehawken, and Woolwich Township * New York - Rockland County * North Carolina - Charlotte and Raleigh * Pennsylvania - Lancaster and York County * South Carolina - Charleston, Greenville, and Myrtle Beach * Texas - Austin, Dallas/Ft. Worth, Houston, and San Antonio * Virginia - Southern Virginia and VA/DC Metro In fiscal 2009, Lennar had revenues of $3.1 billion, down 32% due to a slowdown in new homebuilding. Lennar reported a net loss of $417.1 million. The company reported deliveries of 11,478 homes in 2009, down 27%. New orders were down 14% in 2009 to 11,510 homes with a cancellation rate of 18%. Benefits - 401(k) Plan - Immediate participation. Matching contributions currently are 50% of the first 6% of pre-tax salary deferral, not including catch-up contributions. Vesting on the match occurs at 20% per year of service (as defined by the Plan). - Medical, Dental and Vision Insurance - Coverage begins on the first day of the month following one full month of employment. - Health Care and Day Care Spending Account - Long Term / Short Term Disability Insurance - Basic and Supplemental Life Insurance - Optional Dependent Life Insurance - Accidental Death and Dismemberment Insurance - Associate Assistance Program - Tuition Reimbursement - Paid Holidays - Nine per year - Paid Vacations: Based on Years of Service: 1 - 5 years -- 2 weeks per year; 5 - 10 years -- 3 weeks per year; 10 + years -- 4 weeks per year - Paid Medical Leave - 20 days per incident after one year Updated January 19, 2010