Lennar Announces March 2001 New Home Orders

Apr 03, 2001, 01:00 ET from Lennar Corporation

    MIAMI, April 3 /PRNewswire/ -- Lennar Corporation (NYSE:   LEN) announced
 today that preliminary new home orders in the month of March 2001 totaled
 2,872 homes, compared to 1,301 homes in the same period in 2000.  Preliminary
 new home orders in the four months ended March 31, 2001 totaled 8,955 homes,
 compared to 4,059 homes in the same period in 2000.  Presented below are the
 preliminary new home orders for the one month and four months ended March 31,
 2001 and 2000.
 
 
                        One Month Ended                  Four Months Ended
                            March 31,                         March 31,
 
                    2001     2000   Increase          2001      2000   Increase
 
     Actual        2,872    1,301     121%           8,955     4,059     121%
 
     Pro forma     2,872    2,639       9%           8,955     7,738      16%
 
 
     Pro forma results include U.S. Home as if the acquisition occurred on
 December 1, 1999.
 
     Lennar Corporation, founded in 1954, is headquartered in Miami, Florida.
 The Company has homebuilding operations in 13 states and is one of the
 nation's leading builders of quality homes for all generations, building
 affordable, move-up and retirement homes.  Under the Lennar Family of Builders
 banner, the Company includes the following brand names:  Lennar Homes, U.S.
 Home, Greystone, Village Builders, Renaissance, Orrin Thompson, Lundgren
 Bros., Winncrest and Rutenberg Homes.  The Company's active adult and retiree
 communities are primarily marketed under the Heritage and Greenbriar brand
 names.  Lennar's Financial Services Division provides residential mortgage
 services, title and closing services, and its Strategic Technologies Division
 provides high speed Internet access, cable television and home monitoring
 services for both Lennar homebuyers and other customers.  Previous press
 releases may be obtained at www.lennar.com or by fax by calling 1-800-758-5804
 and entering extension number 507038.
 
 

SOURCE Lennar Corporation
    MIAMI, April 3 /PRNewswire/ -- Lennar Corporation (NYSE:   LEN) announced
 today that preliminary new home orders in the month of March 2001 totaled
 2,872 homes, compared to 1,301 homes in the same period in 2000.  Preliminary
 new home orders in the four months ended March 31, 2001 totaled 8,955 homes,
 compared to 4,059 homes in the same period in 2000.  Presented below are the
 preliminary new home orders for the one month and four months ended March 31,
 2001 and 2000.
 
 
                        One Month Ended                  Four Months Ended
                            March 31,                         March 31,
 
                    2001     2000   Increase          2001      2000   Increase
 
     Actual        2,872    1,301     121%           8,955     4,059     121%
 
     Pro forma     2,872    2,639       9%           8,955     7,738      16%
 
 
     Pro forma results include U.S. Home as if the acquisition occurred on
 December 1, 1999.
 
     Lennar Corporation, founded in 1954, is headquartered in Miami, Florida.
 The Company has homebuilding operations in 13 states and is one of the
 nation's leading builders of quality homes for all generations, building
 affordable, move-up and retirement homes.  Under the Lennar Family of Builders
 banner, the Company includes the following brand names:  Lennar Homes, U.S.
 Home, Greystone, Village Builders, Renaissance, Orrin Thompson, Lundgren
 Bros., Winncrest and Rutenberg Homes.  The Company's active adult and retiree
 communities are primarily marketed under the Heritage and Greenbriar brand
 names.  Lennar's Financial Services Division provides residential mortgage
 services, title and closing services, and its Strategic Technologies Division
 provides high speed Internet access, cable television and home monitoring
 services for both Lennar homebuyers and other customers.  Previous press
 releases may be obtained at www.lennar.com or by fax by calling 1-800-758-5804
 and entering extension number 507038.
 
 SOURCE  Lennar Corporation