2016 Winners & Losers - m2e

2016 Winners & Losers

  • Posted by: m2e Team
  • Category: Uncategorized

Like most years, we had more to celebrate than not in 2016.
But, overall, the economy was affected by the various uncertainties including the U.S. presidential election, low-interest rates and turmoil in overseas markets.
m2e Client Lennar Corp. came out as one of the winners– Congratulations!
South Florida’s largest homebuilder is about to get bigger. Miami-based Lennar Copr. ( NYSE: LEN ) agreed to acquire rival WCI Communities for $643 million. That will give it control of 14,200 homesites in Florida.
Meanwhile, Lennar Chairman and CEO Stuart Miller has seen both revenue and profit increase for fiscal year 2016 as the company sold more homes nationwide.

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Author: m2e Team