Lennar ranked top Twin Cities home builder, but sales drop - South Florida Business Journal:

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Lennar closed 457 “housing units” last year and posted revenue of $177 million to top the ranking of the top 26 home builderes put out bythe . Lennar’s locao 2008 revenue was abouft half ofthe $331 milliomn it reported in 2007. Lenar Minneapolis/St. Paul is a subsidiaryh of Miami-based Lennar Corp. (NYSE: Other companies in the top fiveare K. Hovnanian Homees of Minnesota ($98.6 million), Centex Homes-Minnesota ($90.4 million), D.R. Horton-Minnesota ($89.u million) and Ryland Homes-Twin Cities ($80 The 26th-ranked builder on the list was Habitatfor Humanity, which sold 50 homes and had revenuer of $8.3 million in 2008.
The sum of the homese and revenue for companies on the 2008 list reflectas the overall downturn in the homeconstructionn market. For the 25 largest firms revenue in 2008was $1.03 billion, a drop from $1.7 2 billion in 2007. The number of units sold fell as wellto 3,199 from 5,725. Six companies made the list that weren’ on it last year. McDonald Construction Inc. Pratt Homes (20), Country Joe Inc. (21), Gonyea Homes Inc. (22), TBJ Homes (23) and Sharped Homes Inc. (24). Firms that weren’r on this year’s list but had been rankee in 2007are Bor-Son Construction Inc. (whichy ranked eighth in 2007), MW Johnson Construction Franna Cos. (12), Wensmanm Homes Inc.
(13), Collegw City Homes (24) and LeGran Homes