Lennar Corporation began in 1954 as F&R Builders, founded by Gene Fisher and Arnold Rosen in Miami, Florida. Leonard Miller joined in 1956, investing $10,000 and forming a partnership that renamed the company Lennar. The company expanded nationally through the 1980s and 1990s. Lennar's operations include homebuilding, financial services, multifamily rentals, and technology investments. Their homebuilding segment constructs single-family homes while their financial services provide mortgage financing and title services.