WCI Communities, Inc.

WCI Communities, Inc. operates as a lifestyle community developer and luxury homebuilder in Florida. The company operates in three segments: homebuilding, real estate services, and amenities. The Homebuilding segment designs, builds, and sells single and multi-family homes, including luxury high-rise tower units targeting move-up, second-home, and active adult buyers. The Real Estate Services segment provides real estate brokerage, title insurance, and settlement services, including closing and escrow services, to individuals, real estate companies, and independent mortgage lenders. This segment also acts as a title agent for various national underwriters. The Amenities segment constructs, owns, and manages recreational amenities comprising championship golf courses with clubhouses, walking trails, resort-style pools, marinas, movie theaters, town centers, and various restaurants, as well as fitness, spa, tennis, and recreational facilities. As of December 31, 2015, the company owned approximately 275,000 square feet of amenity space, as well as owned or leased 63,000 square feet of sales office space in Florida, and owned or controlled approximately 13,300 home sites, which included approximately 7,900 owned and 5,400 controlled. The company was formerly known as Watermark Communities, Inc. and changed its name to WCI Communities, Inc. in January, 1999. The company was founded in 1946 and is based in Bonita Springs, Florida. WCI Communities, Inc. operates as a subsidiary of Lennar Corporation.