Berkshire Hathaway has continued its rapid accumulation of Lennar shares, buying roughly another $190 million of stock and lifting its ownership of the homebuilder to about 12%. The latest purchases are disclosed in an SEC Form 4 filed Oct. 5. The filing shows...
Berkshire Hathaway has bought another $53.9 million of Lennar stock, extending an accumulation campaign that has made Warren Buffett’s conglomerate a reportable 10% owner of one of the nation’s largest homebuilders. In a Form 4 filed with the Securities...
Lennar has entered Iowa with five communities launching simultaneously across the Des Moines metro, giving one of the country’s largest homebuilders its first operating foothold in the state. The Miami-based builder said Thursday that sales have started at Cross...
BREAKING NEWS: Berkshire Hathaway has significantly expanded its investment in Lennar, purchasing approximately $212.4 million of the homebuilder’s stock over three trading days and crossing the 10% ownership threshold that triggers accelerated federal...
Lennar’s third-quarter profit fell by more than half from a year ago, and the homebuilder cut its full-year delivery target again as higher mortgage rates and worsening affordability slowed buyers across its markets.The Miami-based builder reported net earnings...