Lennar to become biggest home builder in the U.S.

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– The nation’s largest home builder is betting voice-activated digital assistants and smart devices will become as expected in a new home as garages now are. Lennar announced Wednesday that standard features in its new homes will include built-in Wi-Fi, smart locks, doorbells, thermostats and lights – all controlled by Alexa, Amazon’s.

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Lennar Corp will buy smaller rival CalAtlantic Group Inc for $5.7 billion, creating the largest homebuilder in the United States as it strives to deal with higher land acquisition costs and a.

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But buyers of new Lennar homes will find her waiting for them when they walk in the door. “Alexa, what are you doing here?” Lennar Corp. had previously run with Siri and Apple’s smart-home technology.

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Lennar will become the largest US homebuilder with sales of $18 billion on a trailing basis, controlling 240,000 sites across 1,300 communities in which 50% of the US population lives.

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The following year, in 2013, Lennar Commercial Investors was founded in order for Lennar to enter the commercial real estate market. In February 2018, the company acquired CalAtlantic Homes. The $9.3 billion merger made the company become the largest home builder in the US.

As a result, Lennar now builds homes in some of the most desirable cities and states to live in all across America, and has now become one of the most respected homebuilders in the nation. Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations.

The combined company will control approximately 240,000 homesites and will have approximately 1,300 active communities in 49 markets across 21 states, where approximately 50% of the U.S. nation’s.

 · Lennar buys CalAtlantic to become largest U.S. homebuilder. (Reuters) – Lennar Corp ( LEN.N) will buy smaller rival CalAtlantic Group Inc CAA.N for $5.7 billion (£4.3 billion), creating the largest homebuilder in the United States as it strives to deal with higher land acquisition costs and a tighter labour market.