Mr. Richard Beckwitt, also known as Rick, has been the Chief Executive Officer of Lennar Corporation since April 12, 2018. Mr. Beckwitt served as the President of Lennar Corporation since January 12, 2011 until April 12, 2018. His extensive executive experience gained through his service as the President and executive officer of public companies within the homebuilding industry, as well as finance-related experience with a major investment banking firm. From March 2000
Lennar started as a single-family homebuilder in Miami, Florida, in the early 1950s and it has grown by acquisition. It concentrates on single-family attached and detached homes and purchases land through unconsolidated entities. Rialto Capital Managements is part of Lennar’s financial arm. Rialto invests in real estate and manages funds that invest in real estate. It also provides mortgage financing, title insurance, and closing services. While Lennar is an originator, it sells its origination pipeline in the secondary market and doesn’t retain servicing.