Lennar Acquires Executive Construction Homes

April 7, 2022

Lennar Corporation has purchased Executive Construction Homes, LLC, acquiring the company's work-in-progress, finished lots, and land pipeline of more than 3,300 lots to expand its presence in the Columbia, South Carolina market. JTW Advisors served as sell-side advisor; Executive Construction Homes' founder Eddie Yandle and his family will remain involved and continue selling finished lots to Lennar through related-party land development companies.

Buyers
Lennar Corporation
Targets
Executive Construction Homes, LLC
Sellers
Executive Construction Homes, LLC, Eddie Yandle
Industry
Construction
Location
South Carolina, United States
Transaction Type
Buyout

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