What Could Lennar (LEN) Gain From Two Major Mixed Use Community Launches?

Lennar (NYSE:LEN) has launched two large-scale residential communities, The Premiere at Monmouth in New Jersey and The Foundry in downtown Las Vegas. The Premiere at Monmouth is planned on a former racetrack site near the upcoming Netflix Studios East production hub in Eatontown, New Jersey. The Foundry is being built on an underused area in central Las Vegas and is planned as a mixed-use district targeting urban buyers. The Premiere at Monmouth and The Foundry deserve to be weighed...