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LENNAR LAUNCHES ‘THE REAL DEAL’ SALES EVENT; UP TO 80,000 IN INCENTIVES AVAILABLE AT ITS NEW JERSEY COMMUNITIES

Wednesday, November 04, 2009 / CAHN Communications

 LENNAR

800 West Main Street

Freehold, NJ 07728                 

 

Release Date:          November 4, 2009

Media Contact:        George M. Cahn: gcahn@cahncomm.com or

                                   CAHN Communications

                                   (201) 876-3100    

 

 

 

LENNAR LAUNCHES ‘THE REAL DEAL’ SALES EVENT;

UP TO 80,000 IN INCENTIVES AVAILABLE AT ITS NEW JERSEY COMMUNITIES

 

Three-Day Event Scheduled For November 13th-15th With Extended Office Hours From 10-8

 

 

            FREEHOLD, NJ – With its fiscal year coming to an end and mounting evidence of an improved economy in 2010, Lennar is launching its final sales event of the year on November 13th-15th which will offer significant incentives at its award-winning communities throughout New Jersey.

The national homebuilder’s “Real Deal” event will provide buyers with real opportunities to purchase homes thanks to extraordinary incentives of up to $80,000 depending on community, home type, location and delivery date.  To accommodate the strong buyer response expected, Lennar’s Welcome Home Centers will have extended hours from 10 am to 8 pm during the three-day sales event. 

The wide variety of offers and discounts are available on a first come, first served basis.

“These are the final incentives we’ll be offering this year,” notes Don Bompensa, President of Lennar’s New Jersey Division.  “What’s more, signs continue to point to further economic improvement in 2010, meaning these prices and this level of savings may not be seen again.   For just three day, buyers will be able to take advantage of extraordinary deals on the region’s most exceptional new homes located in magnificent new communities.”

For example, at Greenbriar Oceanaire, Lennar’s celebrated active adult community in Waretown just north of Long Beach Island, buyers can enjoy savings from $50,000 to $80,000 on the community’s single-family homes which are priced from the $300s.  Residents enjoy a resort-like atmosphere stemming from an 18-hole private championship golf course and a 38,000-sq.-ft. clubhouse.

Greenbriar Stonebridge, another active adult community located in Monroe Township, is offering incentives worth $15,000 to $48,000 on its portfolio of homes which include single-family residences priced from the $300s and new duplex homes priced from the $200s.  Greenbriar Stonebridge boasts a 41,000 square-foot clubhouse -- the largest recreational facility in an active adult community in the state.

Active adult buyers looking for a northern New Jersey location can also experience the Greenbriar tradition with Greenbriar Fox Ridge, a new condominium community located in a scenic Rockaway Township setting.  There, the three-day Real Deal Event amounts to up to $55,000 in incentives on homes that are priced from the $200s.  Residents will also enjoy a 16,000 square-foot clubhouse which is now available for tours.

Buyers can take advantage of significant savings at Lennar’s non-age-restricted communities as well.  At Centreplace at Edison, 198 garden-style condominium homes, prices have been reduced to start at just $278,958 during the Real Deal event.  Qualified buyers can also utilize FHA financing which requires only a 3-1/2% down payment to purchase the loft-style two- and three-bedroom homes.  The community also features exceptional amenities, including a magnificent clubhouse, an outdoor pool, a state-of-the-art fitness center and a tot lot.        In Atlantic County’s Mays Landing, savings from $40,000 to $75,000 will be offered at Cedar Point, 173 single-family homes on premium wooded homesites up to two acres located near the Hamilton Mall.  The community’s four-bedroom residences are priced from the $300,000s – already the best value in Mays Landing.

And in Woolwich -- just 30-40 minutes from Wilmington and Philadelphia -- incentives of $7,500 to $15,000 will be offered at Creek Run, a charming community featuring single-family homes ranging from 2,070 to 3,719 square feet of living space, sprawling homesites from one-to-four-plus acres and pricing starting from just the upper-$200s.  What’s more, a $10,000 price increase will go into effect December 1st, 2009.

 For more information on Lennar’s November 13th-15th Real Deal Sales Event  and its New Jersey portfolio of communities, visit www.lennar.com.

Lennar is the second largest homebuilder in the nation, delivering 49,000 homes in 2006. The corporation was recognized as Fortune Magazine’s “Most Admired Homebuilding Company in America” in 2003 and 2004.

 

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