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Lennar Corporation (Lennar), one of the nations largest homebuilders, formed our Company in June 1997 to separate Lennars real estate investment, finance and management business from its homebuilding business. On October 31, 1997, Lennar distributed our stock to Lennars stockholders in a tax-free spin-off.

Locindus owns, leases, and manages French commercial and industrial properties and provides credit for property financing and development. Real estate financing accounts for more than 97% of Locindus' sales. Locindus' holdings includes offices, shopping malls, health clinics, and retirement homes, as well as warehouses and factories. The company owns several subsidiaries, including Oxiane, which provides real estate project management services to such clients as Carrefour, and Scribe-Bail.

Lowe knows how to navigate the property market. Through subsidiaries, Lowe Enterprises invests in, develops, renovates, and manages commercial real estate, primarily in the western US. It operates through three divisions: Lowe Hospitality Group, a hotel development and management firm and parent of Destination Hotels & Resorts; Lowe Enterprises Investors, which invests on the behalf of pension plans; and Lowe Enterprises Real Estate, which develops and manages commercial and residential real estate. Notable properties include Inverness Hotel in Denver and Teton Mountain Lodge in Jackson Hole, Wyoming.

LSL Property Services plc (LSL) is one of the leading residential property services companies in the UK and provides a broad range of services to a wide range of customers including mortgage lenders together with buyers and sellers of residential properties .LSL’s operations cover four key areas; surveying, estate agency, corporate services and financial services.

Macklowe Properties, the Big Apple has gone a bit rotten. The investment company made a name for itself as developer, renovater, and manager of Midtown Manhattan real estate. It invested in upscale residential and office buildings, including the GM Building which it bought in 2003 for $1.4 billion (the most ever paid for an office building in the US). In 2008, the debt-ridden company sold the GM Building and several other assets at a loss. Its portfolio now includes about a half-dozen properties, including more for-sale properties. Creditors including Deutsche Bank have also sought foreclosures for unpaid mortgages. Macklowe was founded in the mid-1960s by chairman emeritus Harry Macklowe.

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