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Lennar profits grow 33% as new home orders surge

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Lennar profits grow 33% as new home orders surge

Lennar Corp. boosted its profits in the fiscal fourth quarter and pointed to good times ahead with a 22 percent surge in new home orders. The Miami-based homebuilder (NYSE: LEN) had net income of $ 245.3 million, or $ 1.07 a share, for the quarter ended …
Read more on South Florida Business Journal

Stiles Property Fund and Prudential Real Estate Investors Acquire Trophy Class

Developed by Stiles in 1990, this institutional quality asset is currently 86% leased and encompasses 281,713 rentable square feet of some of the most desirable office and ground-floor retail space in the vibrant South Florida region. The Property was …
Read more on Yahoo Finance UK