| GREAT-PARK-VENTURE |
GREAT-PARK-VENTURE |
95%
|
The Great Park segment derives revenues at the Great Park Neighborhoods from sales of residential and commercial land sites to homebuilders, commercial developers and commercial buyers and management… |
| THIRD-PARTY-COMMERCIAL-BUILDER |
THIRD-PARTY-COMMERCIAL-BUILDER |
92%
|
during the year ended December 31, 2025, we recognized $42.5 million of revenue from a third-party commercial builder, which primarily consisted of commercial land sold to the third-party commercial … |
| THIRD-PARTY-HOME-BUILDER |
THIRD-PARTY-HOME-BUILDER |
92%
|
during the year ended December 31, 2024, we recognized an aggregate of $31.2 million of revenue from a third-party home builder, which primarily consisted of homesites sold to the third-party home builder |
| TWO-THIRD-PARTY-HOME-BUILDERS |
TWO-THIRD-PARTY-HOME-BUILDERS |
90%
|
during the year ended December 31, 2023, we recognized an aggregate of $21.7 million and $39.4 million of revenue from two third-party home builders, respectively, which primarily consisted of homesi… |
| IN-UNCONSOLIDATED-ENTITIES-GREAT-PARK-VENTURE-TH |
IN-UNCONSOLIDATED-ENTITIES-GREAT-PARK-VENTURE-TH |
85%
|
ligation. The contract liability is included in related party liabilities on the accompanying condensed consolidated balance sheets. The opening and closing balances of the Company’s contract assets … |
| OPERATING-COMPANY-THE-HOLDING-COMPANY |
OPERATING-COMPANY-THE-HOLDING-COMPANY |
85%
|
ligation. The contract liability is included in related party liabilities on the accompanying condensed consolidated balance sheets. The opening and closing balances of the Company’s contract assets … |
| UNAFFILIATED-LAND-BANK-ENTITY |
UNAFFILIATED-LAND-BANK-ENTITY |
80%
|
Other than the third-party home builder and the unaffiliated land bank entity, no third-party customer accounted for more than 10% of our revenue during the year ended December 31, 2024 |
| HERITAGE-FIELDS-LLC |
HERITAGE-FIELDS-LLC |
62%
|
ion of various factors including the form of its ownership interest, its representation in the entity’s governance, its ability to participate in policy-making decisions, and the rights of other inve… |
| SENIOR-NOTES-THE-OPERATING-COMPANY |
SENIOR-NOTES-THE-OPERATING-COMPANY |
62%
|
a community. Initial gross proceeds were $ 76.9 million, representing the base purchase price. Lennar retained the option to acquire these homesites in the future from the unaffiliated land banking e… |
| VALENCIA-LLC |
VALENCIA-LLC |
62%
|
ion of various factors including the form of its ownership interest, its representation in the entity’s governance, its ability to participate in policy-making decisions, and the rights of other inve… |
