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Charles Brecker Charles Brecker

MIAMI—The ink has dried on the Lennar-CalAtlantic merger. Two of the nation’s largest homebuilders are now poised to make a new mark on the industry.

As a result of the merger, Lennar will own or control approximately 250,000 homesites and will actively selling homes in approximately 1,300 residential communities in 21 states. In its most recent fiscal year, Lennar delivered 29,394 single-family homes and CalAtlantic delivered 14,602 single-family homes. Both companies also provide mortgage financing, title insurance and closing services to buyers of homes they build and to others.

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