Get the latest business insights from Dun & Bradstreet. Irvine, CA 92618 Computershare Investor Services, P.O Box 505000 The transaction, which is in the form of a merger of CalAtlantic into a wholly-owned subsidiary of Lennar, was overwhelmingly approved today … The call will be accessible via telephone by dialing 517-308-9039 and entering 5723593 as the confirmation number. After all, who wouldn't want to find stocks. By clicking the button above, you agree to our Terms of Use and consent to our contact process. CalAtlantic Group, Inc., one of the nation's largest and most respected homebuilders, offers well-crafted homes in thoughtfully designed communities that meet the desires of customers across the homebuilding spectrum, from entry level to luxury, in 43 Metropolitan Statistical Areas spanning 19 states. Previous press releases and further information about Lennar may be obtained at the "Investor Relations" section of Lennar's website. ft., with prices ranging from $165,000 to more than $2 million and averaging around $480,000 each. CalAtlantic Group, Inc. was a home construction company based in Arlington, Virginia. CalAtlantic Group, Inc. is registered with the U.S. Security and Exchange Commission and incorporated in the state of Delaware. Products & Services. Continuously updated. Largest shareholders include Cerebellum Gp, Llc. William L. Jews is the former president and CEO of CareFirst Inc., the seventh largest Blue Cross Blue … Find company research, competitor information, contact details & financial data for Calatlantic Group, Inc. of Tampa, FL. You consent to Dun & Bradstreet (D&B) using this data for marketing and analytical purposes, and to D&B emailing you or using an autodialer or pre-recorded voice to text or call you at the number you provide with marketing or other offers. We believe in simplifying your home-buying experience by including everything you need in a new home and community. About Our Data. America’s Luxury Home Builder. Google Yahoo. The combined land portfolio will position the company for strong profitability for years to come, as we continue to benefit from a solid homebuilding market, supported by job and wage growth, consumer confidence, low levels of inventory, and a production deficit. Calatlantic Group, Inc. investor performance is calculated on a quarterly basis. We believe in simplifying your homebuying experience by including everything you need in a new home and community. The combined company will have a strong balance sheet and generate significant cash flow available to pay down debt and repurchase shares, which will improve returns on capital and equity. Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. 1535. Investor Relations Lennar Corporation profile. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Add to Calendar. Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar's homes and others. You may obtain free copies of these documents from Lennar or CalAtlantic using the sources indicated above. CalAtlantic's Ba2 Corporate Family Rating is supported by its significant revenue base, geographic diversification, leading market share position in top MSAs, and a full array of product offerings in various price points. Secure and cloud-based. The transaction is subject to approval by Lennar and CalAtlantic stockholders. Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. Lennar Corporation (NYSE: LEN and LEN.B) and CalAtlantic Group, Inc. (NYSE: CAA) today announced that their respective boards of directors have unanimously approved a definitive merger agreement pursuant to which each share of CalAtlantic stock will be exchanged for 0.885 shares of Lennar Class A common stock in a transaction valued at approximately $9.3 billion, including $3.6 billion of net debt assumed. Investor Relations Lennar Corporation profile. Value investing is easily one of the most popular ways to find great stocks in any market environment. We believe in simplifying your home-buying experience by including everything you need in a new home and community. The proceeds of the notes will be used to repay or repurchase the company's $280 million of senior unsecured notes due in September of 2016 with the remainder being used toward general corporate purposes. 10/14/2020 As Q3 Ends, United Airlines Shifts from Surviving the COVID-19 Crisis to Positioning to Lead the Rebound. Products & Services. 9:30 a.m. Lima, Peru time 10:30 a.m. Eastern Time 1 877 271 1828 within the U.S. 1 334 323 9871 from outside the U.S. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Lennar Media Relations Investor Relations Lennar Corporation profile. 12.01.2020. Investor Relations Lennar Corporation profile. Same shady actors, same tactics. Lennar Media Relations; Investor Relations; Lennar Corporation profile; Products & Services. The Dun & Bradstreet Data Cloud offers the world’s most comprehensive business data and analytical insights to … All rights reserved. [email protected], Transfer agent: Products Everything's Included ® … 485-2038. D&B Analytics Studio. Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. MIAMI, Fla. and ARLINGTON, Va., Oct. 30, 2017 /PRNewswire/ -- Top 3 position in 24 of the 30 largest MSAs   Combined revenue in excess of $17 billion and equity market capitalization of $18 billion  Expect to realize $75 million and $250 million in synergies in FY 2018 and FY 2019, respectively Consideration is approximately 80% stock and 20% cash Lennar Corporation (NYSE: LEN and LEN.B) and CalAtlantic Group, Inc. (NYSE: CAA) today announced that their respective boards of directors have unanimously approved a definitive merger agreement pursuant to which each share of CalAtlantic stock will be exchanged for 0.885 shares of Lennar Class A common stock in a transaction valued at approximately $9.3 billion, including $3.6 billion of net debt assumed. Stuart Miller, Chief Executive Officer of Lennar, said, "This combination is first and foremost to enhance shareholder value. Schedule 13D is commonly referred to as a “beneficial ownership report.” The term "beneficial owner" is defined under SEC rules. Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. We believe in simplifying your homebuying experience by including everything you need in a new home and community. We believe in simplifying your homebuying experience by including everything you need in a new home and community. Read the Press Release. KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Value investing is easily one of the most popular ways to find great stocks in any market environment. ", Rick Beckwitt, President of Lennar, said, "We have great respect for what Scott Stowell, Larry Nicholson and the CalAtlantic team have accomplished, building upon the rich legacies of Standard Pacific and Ryland. CalAtlantic Group, Inc. (US:CAA) has 9 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar's homes and others. CalAtlantic, the fourth largest homebuilder in the US, offers home loans to its customers in all of its markets as well. Investor relations provides the market with timely, full and clear quantitative and qualitative information on Atlantia's strategies and results, thus assuring efficient communication with investors and financial analysts. On a pro forma basis, CalAtlantic stockholders are expected to own approximately 26% of the combined company. The company constructs homes within a range of price and size targeting a broad range of homebuyers. We believe in simplifying your homebuying experience by including everything you need in a new home and community. © Dun & Bradstreet, Inc. 2000 - 2020. Hans Vestberg, Chairman & CEO, to present at 10:15 AM ET. or by contacting Michelle Varela, Investor Relations, at 949-789-1651. CalAtlantic Group, Inc., one of the nation's largest and most respected homebuilders, offers well-crafted homes in thoughtfully designed communities that meet the desires of customers across the homebuilding spectrum, from entry level to luxury, in 43 Metropolitan Statistical Areas spanning 19 states. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the joint proxy statement/prospectus and other relevant documents filed with the SEC if and when they become available. Investor Relations Lennar Corporation profile. Products Everything's Included ® … Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. Lennar builds affordable, move-up and retirement homes primarily under the Lennar brand name. Contact Calatlantic Homes customer support team using toll free number: (800) 749-5000,. This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. For financial reporting, their fiscal year ends on December 31st. Company. Get the latest business insights from Dun & Bradstreet. The deal will have Lennar Corporation acquiring CalAtlantic Group Inc in a deal totaling $9.3 billion. Products & Services . When we care for our company, customers, and our associates, we know that our shareholders will receive the best results. Subscribe to our email alerts. JP Morgan Securities LLC served as financial advisor to CalAtlantic and Gibson, Dunn & Crutcher LLP acted as CalAtlantic's legal counsel. Products & Services. For financial reporting, their fiscal year ends on December 31st. Products Everything's Included ® … All rights reserved. Key information for debt investors including our public credit ratings and outstanding bonds. ", exercise the cash election for at least the number of shares to cause the maximum cash consideration amount to be fully subscribed by electing stockholders. Value investing is easily one of the most popular ways to find great stocks in any market environment. Credit building solutions to fit your growing business. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. CalAtlantic's stockholders will also have the option to elect to exchange all or a portion of their shares for cash in the amount of $48.26 per share, subject to a maximum cash amount of approximately $1.2 billion. Once you find your dream home, our family of companies can assist you with mortgage, title, and insurance needs, allowing you to enjoy a hassle-free closing. Detailed profiles of all businesses owned and operated by this company for insights and prospecting. William L. Jews . Top 3 position in 24 of the 30 largest MSAs, Consideration is approximately 80% stock and 20% cash, The business combination will create the nation's largest homebuilder with the last twelve months of revenues in excess of, It is currently anticipated that the transaction will generate annual cost savings and synergies of approximately, Under the terms of the merger agreement, each share of CalAtlantic stock will be converted into the right to receive 0.885 shares of Lennar Class A common stock. Financial Releases. Additional Information about the Proposed Merger and Where to Find It. [email protected], 15131 Alton Parkway he combined company will have a top 3 ranking in 24 of the top 30 markets in the country. With a trusted reputation for quality craftsmanship, an outstanding customer experience and exceptional architectural design earned over its 50 year history, CalAtlantic Group, Inc. utilizes its over five decades of land acquisition, development and homebuilding expertise to acquire and build desirable communities in locations that meet the high expectations of the company's homebuyers. CalAtlantic Group, Inc is primarely in the business of operative builders. CalAtlantic stockholders will receive Lennar stock unless they exercise an option to receive cash. Copies of the documents filed by CalAtlantic with the SEC will be available free of charge on CalAtlantic's website at www.calatlantichomes.com or by contacting Michelle Varela, Investor Relations, at 949-789-1651. Products & Services. Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations.