CalAtlantic Title, a wholly-owned subsidiary of homebuilder Lennar (NYSE: LEN and LEN.B), officially launched its new brand on Jan. 7, 2019 to more effectively serve its Lennar homebuyer customers, as well as its retail customers in California.
As announced in December 2018, Lennar Title will be Lennar’s title subsidiary, as most of its other title subsidiaries, consisting of its underwriter and the majority of its retail title business, were sold to States Title — which will retain the North American Title brand. Lennar was right-sized to approximately one-third of the title division’s previous size to serve the retained business.
“Our goal from day 1 is to continue to provide uninterrupted excellent service to our homebuilding business, as well as support our California retail team, and we are committed to making that happen,” said new Lennar President Cristina Pardo. “We are focused on making this a seamless transition for our Associates and our customers.”
The new Lennar leadership team will include President Cristina Pardo, Western Region President Chad Barth, Southeast Region President Mary Orme, Texas Region President Kristy Santelia, Northern Region President Mark Leszczynski, Director of National Centralized Services Tiffany Bertling, Corporate Counsel Christy Tabor, Controller Sandra Austin and Vice President Quality Assurance and Compliance Alex Kidd.
For more information about Lennar Title, visit www.lennartitle.com.
Lennar Title provides real estate settlement services to Lennar Corporation’s homebuyers in 18 states and the District of Columbia, as well as title, escrow and closings services for homebuyers, sellers and borrowers in California. Since Lennar is not a direct operation of any one national title insurance underwriter, the company has the ability to be an agent for all major national title insurance underwriters. This ensures that Lennar customers receive the best title insurance products available at the best possible rates. With more than 50 offices located in the top homebuilding cities across the country, Lennar Title ensures a smooth closing experience for all its customers.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar's homes and others. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. For further information about Lennar, please visit www.lennar.com.