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Lennar breaks ground on The Foundry, expanding opportunity for attainable homeownership in downtown Las Vegas. Oct 15, 2026, 16:44 ET 70-acre redevelopment of the former Cashman Center and Grant Sawyer sites will feature 1,000+ homes planned from the $300,000s LAS VEGAS, Oct. 15, 2026 /PRNewswire/ - Lennar, one of the nation's leading homebuilders, today celebrated the groundbreaking of The Foundry, a gated residential community of more than 1,000 townhomes and single-family detached homes in historic downtown Las Vegas. Spanning approximately 70 acres across the former Grant Sawyer Building and Cashman Center sites near Las Vegas Boulevard and East Washington Avenue, The Foundry represents a significant investment in downtown's future and a collaborative effort to expand attainable homeownership opportunities. Vertical construction is expected to begin in October 2027. The community is being advanced through a visionary public-private partnership involving the City of Las Vegas, the State of Nevada and Lennar to transform underutilized downtown properties into a new residential destination serving first-time buyers, young families and others seeking to own a home in the heart of the city. "This is a great example of how we can put state property to better use, save taxpayer dollars, and expand housing opportunities for Nevada families," said Gov. Joe Lombardo. "By relocating state employees from the aging Grant Sawyer Building, we saved the state $207 million and opened the door to 1,000 new homes on this site. I want to thank Lennar and the City of Las Vegas for their partnership in getting this project to the starting line. My administration will continue working with local governments and private-sector partners to reduce barriers to development, increase housing supply, and help more Nevadans achieve homeownership." "The American Dream of homeownership should be within reach for more families, and The Foundry represents an important step toward making that possible in Las Vegas," said Lennar Las Vegas Division President Joy Broddle. "This is what a strong public-private partnership can accomplish, bringing together a shared vision and a commitment to expanding homeownership opportunities while investing in the future of downtown Las Vegas." "One of the city's top priorities is housing, and I want to thank Lennar and the State of Nevada for partnering with the city of Las Vegas to build homes for the hard-working people who power this city - our hospitality workers, teachers and first responders," said Las Vegas Mayor Shelley Berkley. "This is a great example of a public/private partnership that is going to benefit the entire community with high-quality, beautifully designed, living spaces that are attainable." "Today is about more than pouring concrete or moving dirt," said Ward 5 Councilwoman Shondra Summers-Armstrong. "It is about laying the foundation for a more inclusive, vibrant and accessible Las Vegas. Lennar has been a wonderful partner to the city and the state on this project, and I cannot wait to see working families move in, put down roots and call Ward 5 home." The Foundry will feature home collections offering a mix of townhomes and single-family detached homes, with modern designs and open floorplans tailored to a range of household needs. Pricing is planned to start in the $300,000s. Every home will include Lennar's signature Everything's Included(R) program, which incorporates popular features and finishes into the base price. Planned community amenities will include swimming pools, outdoor barbecue kitchens and picnic areas, walking paths, shade structures, a dog park, a fitness course, a multi-use play field and a children's play area. The community features amphitheater-style seating for outdoor gatherings and events. Located within a downtown Las Vegas redevelopment district, The Foundry is adjacent to Old Las Vegas Mormon Fort State Historic Park and the Las Vegas Natural History Museum, with convenient access to downtown employment centers, dining and entertainment. About Lennar Corporation Lennar Corporation is one of the nation's leading homebuilders, dedicated to making the American dream of homeownership attainable for more people. Since its founding in 1954, Lennar has built more than 1.5 million homes for buyers at every stage of life in communities across the country, from first-time and move-up buyers to active adults. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes. LEN[X] drives Lennar's technology, innovation and strategic investments, shaping the future of homebuilding. For more information, visit www.lennar.com. SOURCE Lennar

Securities fraud investigation into Lennar Corporation (LEN) continues - shareholders who lost Money urged to contact Glancy Prongay Wolke & Rotter LLP, a leading securities fraud law firm. LOS ANGELES, Oct. 15, 2026 (GLOBE NEWSWIRE) - Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Lennar Corporation ("Lennar" or the "Company") (NYSE: LEN) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON LENNAR CORPORATION (LEN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On October 2, 2026, Hunterbrook Media published a report alleging, among other things, that Lennar Corporation reported 20,840 home deliveries for the third quarter against guidance of 20,500 to 21,500 deliveries. According to the report, Lennar Corporation exceeded the low end of its third-quarter delivery guidance by 340 homes only because Millrose Properties, Inc. purchased approximately 356 Lennar Corporation homes in the final week of the quarter. On this news, Lennar's stock fell $5.37 or 6.73%, to close at $74.44 on October 5, 2026, thereby injuring investors. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us. Charles H. Linehan, Esq., Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: [email protected] Telephone: 310-201-9150 (Toll-Free: 888-773-9224) Visit our website at www.glancylaw.com. Follow us for updates on LinkedIn, Twitter, or Facebook. Whistleblower Notice Persons with non-public information regarding Lennar Corporation should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected]. About Glancy Prongay Wolke & Rotter LLP Glancy Prongay Wolke & Rotter LLP ("GPWR") is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPWR has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPWR was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPWR's nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPWR's lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR's past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money. Contact Us: Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 Charles H. Linehan Email: [email protected] Telephone: 310-201-9150 Toll-Free: 888-773-9224 Visit our website at: www.glancylaw.com.

Gainey McKenna & Egleston announces A class action lawsuit has been filed against Millrose Properties, Inc. (MRP). NEW YORK, Oct. 09, 2026 (GLOBE NEWSWIRE) - Gainey McKenna & Egleston announces that it has filed a securities class action lawsuit in the United States District Court for the Southern District of Florida on behalf of all persons or entities who purchased or otherwise acquired Millrose Properties, Inc. ("Millrose" or the "Company") (NYSE: MRP) securities between February 7, 2025 and October 2, 2026, inclusive (the "Class Period"), which charges Millrose and certain of Millrose's top executives with violations of the Securities Exchange Act of 1934. The Complaint alleges that Defendants failed to disclose to investors that: (i) despite representations to the contrary, Millrose's objectives were not limited to engaging in land purchases, horizontal development, and homesite option purchase arrangements for Lennar and potentially other homebuilders and developers; (ii) despite representations to the contrary, Millrose would in fact enter into lease agreements and would have tenants in its properties; (iii) Millrose would purchase $200 million worth of properties from Lennar; (iv) Millrose would lease the properties purchased from Lennar out at a loss; and (v) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. The Complaint further alleges that the truth emerged on October 2, 2026 when Hunterbrook Media (the "Hunterbrook Report") issued a report revealing that, contrary to Millrose's earlier representations, Millrose purchased $200 million worth of finished homes from Lennar, an entity that controls Millrose, with the intent of leasing those properties on the rental market. The Complaint continues to allege that on this news, Millrose's share price fell by $2.10, or 8.5%, from a close of $24.61 on October 2, 2026 to a close of $22.51 on October 5, 2026. Investors who purchased or otherwise acquired shares of Millrose should contact the Firm prior to the December 8, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected]. Please visit our website at http://www.gme-law.com for more information about the firm.