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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