Business Segments · Deposits and pre-acquisition costs on real estate
Multifamily — Deposits and pre-acquisition costs on real estate
Lennar Multifamily — Deposits and pre-acquisition costs on real estate decreased by 48.6% to $7.76M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 28.4%, from $10.83M to $7.76M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026
How to read this metric
Higher levels indicate an active search for new development sites and future growth, while lower levels may suggest a pause in land acquisition.
Detailed definition
Capital outlays made by the multifamily segment to secure land or development rights before the formal acquisition or co...
Peer comparison
Similar to 'land deposits' or 'pre-development costs' reported by real estate developers.
Metric ID:
len_segment_multifamily_deposits_and_pre_acquisition_costs_on_real_estateHistorical Data
11 periods
| Q3 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.82M | $32.06M | $31.79M | $29.80M | $32.95M | $32.64M | $10.83M | $13.97M | $15.43M | $15.10M | $7.76M |
| QoQ Change | — | +11.2% | -0.9% | -6.2% | +10.5% | -0.9% | -66.8% | +29.0% | +10.5% | -2.1% | -48.6% |
| YoY Change | — | +11.2% | — | — | — | +1.8% | -65.9% | -53.1% | -53.2% | -53.8% | -28.4% |
Range$7.76M – $32.95M
CAGR-40.8%
Avg YoY Growth-34.5%
Median YoY Growth-53.1%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Lennar's multifamily — deposits and pre-acquisition costs on real estate?
- Lennar (LEN) reported multifamily — deposits and pre-acquisition costs on real estate of $7.76M in Q4 2025.
- How has Lennar's multifamily — deposits and pre-acquisition costs on real estate changed year-over-year?
- Lennar's multifamily — deposits and pre-acquisition costs on real estate decreased by 28.4% year-over-year, from $10.83M to $7.76M.
- What does multifamily — deposits and pre-acquisition costs on real estate mean?
- Upfront payments and costs incurred to secure future real estate development opportunities.