Lennar LEN Homebuilding — Non-recourse debt with completion guarantees
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Where this comes from
Reported directly by Lennar in its filing.
Tagged under the XBRL concept len:EquityMethodInvestmentSummarizedFinancialInformationNonRecourseDebtwithCompletionGuarantees.
The official record: Lennar’s 10-Q, filed June 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lennar's homebuilding — non-recourse debt with completion guarantees?
- Lennar (LEN) reported homebuilding — non-recourse debt with completion guarantees of $317M in Q1 2026.
- How has Lennar's homebuilding — non-recourse debt with completion guarantees changed year-over-year?
- Lennar's homebuilding — non-recourse debt with completion guarantees decreased by 27.1% year-over-year, from $435M to $317M.
- What is the long-term trend for Lennar's homebuilding — non-recourse debt with completion guarantees?
- Over 3 years (2022 to 2025), Lennar's homebuilding — non-recourse debt with completion guarantees has grown at a 27.3% compound annual growth rate (CAGR), from $906.3M to $1.87B.
- What does homebuilding — non-recourse debt with completion guarantees mean?
- This refers to debt obligations where the lender's recourse is limited to specific project assets, but the company provides a guarantee that the project will be completed. It highlights the company's contingent liabilities in project-specific financing. This is a key risk metric for evaluating potential balance sheet exposure in development projects.