Lennar Corp. Executive Chairman Stuart Miller said the homebuilder’s investment in tech startup Opendoor would mesh nicely with the company’s strategy of getting more involved in the digital side of the home sales process.
Miami-based Lennar (NYSE: LEN) is the nation’s largest builder of new homes and it also has a mortgage division, but it rarely gets involved in home resales. Opendoor could change that.
Miller spent a good portion of Lennar’s June 26 conference call with analysts touting…