WCI Communities

Bonita Springs, United States Founded: 1996 • Age: 30 yrs Listed Acquired By Lennar
Luxury residential communities are developed in the United States.

About WCI Communities

WCI Communities is a Real Estate & Construction company based in Bonita Springs (United States) founded in 1996, and was acquired by Lennar in September 2016. Luxury residential communities are developed in the United States. WCI Communities has raised $50 million across 4 funding rounds from investors including Citi, KeyBank and Deutsche Bank. The company has 841 employees. Its chief executive, as recorded, is Stuart Miller. WCI Communities offers products and services including New Homes, Active Adult Communities, and Townes. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers, Residential and Luxury. Its legal entity is WCI COMMUNITIES, INC. Its competitors include Century Communities, Bozzuto and Lennar; 2 of its 3 listed competitors have raised funding.

Company details

WCI Communities was founded in 1996 in Bonita Springs, United States, within the real estate sector. Emphasis is placed on developing luxury residential communities, with operations focused on planning, construction, and management of high-end properties. Services include community design and homebuilding tailored to upscale markets. Geographic activities are primarily conducted in Florida, under the leadership of CEO Stuart Miller.

  • Headquarters Bonita Springs, United States
  • Employees 841
  • Stage Acquired
  • Sectors
    Real Estate & Construction
  • Website wcicommunities.com
  • Social LinkedIn Facebook
  • Acquired by Lennar (Sep 2016)
  • Legal Name Wci Communities, Inc.
Key Metrics
  • Total Equity Funding
    $50M (USD)

    in 4 rounds

  • Latest Funding Round
    $75M (USD), Debt – Conventional

    Aug 2013

  • Investors
    Citi

    & 17 more

  • Employee Count
    841
  • Acquired by
    Lennar

    (Sep 2016)

Products & Services of WCI Communities

WCI Communities offers a comprehensive portfolio of products and services, including New Homes, Active Adult Communities, and Townes.

New Homes
Residential Construction

Builds and sells modern single-family residences

Active Adult Communities
Real Estate Development

Develops housing for retirees with amenities

Townes
Community Housing

Offers attached homes in planned neighborhoods

Funding Insights of WCI Communities

WCI Communities has successfully raised a total of $50M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in August 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $50M
  • Total Rounds 4
  • Last Round Debt – Conventional β€” $75M
  • First Round $600M

    (Aug 2004)

  • Investors Count 17

All 4 funding rounds of WCI Communities with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2013$75MDebt – Conventional––
Jun 2012$50MPrivate Equity Round––
Jun 2012$125MDebt – Conventional––
Aug 2004$600MDebt – Conventional––
Valuation history

18 investors in total: 18 institutional.

Investors in WCI Communities

WCI Communities has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, KeyBank and Deutsche Bank.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Monarch Alternative Capital is engaged in opportunistic credit and real estate investments.
2002monarchlp.comNew York, United States
Diversified financial services are offered through commercial banking operations.
1812citigroup.comNew York, United States
Wealth management services are provided for personalized financial planning.
jpmorgansecurities.com
Commercial banking and asset management services are offered worldwide.
1904bankofamerica.comCharlotte, United States
Wealth management, asset management, and investment banking services are offered.
1856credit-suisse.comZurich, Switzerland
Regional bank
1849key.comCleveland, United States
Commercial banking services are provided to individuals and businesses.
1898firstcitizens.comRaleigh, United States
Commercial banking services are provided to businesses and individuals.
1849comerica.comDallas, United States
Commercial bank
185853.comCincinnati, United States
Commercial banking services are offered in the United States.
1857santanderbank.comBoston, United States
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Investor details for WCI Communities

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of WCI Communities

30 people are tracked at WCI Communities (6 in leadership, 24 in team); the tracked headcount is 841.

NameRoleGroup
Stuart Miller
CEOLeadership
Scott Finer
Director Of EngineeringLeadership
John McGoldrick
Senior Vice President HRLeadership
Rob King
Vice President SalesLeadership
David Startzel
Head Golf ProfessionalLeadership
Dan Callender
General ManagerLeadership
Anne Lehotsky
Marketing ManagerTeam
Mary Lou Gibson
Staff AccountantTeam
Mary Thompson
Sr Staff AccountantTeam
Ruth Marianetti
Cash AccountantTeam
Dorothy Iacadoro
SalesTeam
Andrea Poulton
Community RepresentativeTeam
Letizia White
Senior Title RepresentativeTeam
Melissa Roldan
Community RepresentativeTeam
Merry Prentis
Admin AssistantTeam
Sherri Ingram
Customer Care CoordinatorTeam
David Tripp
Construction ManagerTeam
Stephanie Boll
Construction AdministratorTeam
Cynthia Danial
Administrative AssistantTeam
Heather Smollett
Permit ExpeditorTeam

10 more people are available in the full profile.

Premium access

Complete people profiles for WCI Communities

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of WCI Communities

5 dated milestones of WCI Communities across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded WCI Communities is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $600.0M.
  4. Funding Latest funding round, Debt – Conventional, of $75.0M.
  5. Exit Acquired by Lennar.

Competitors of WCI Communities

WCI Communities has 3 listed competitors in our database, 2 of them funded. They include Century Communities, Bozzuto and Lennar.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
centurycommunities.com2002Greenwood Village, United States$241.5M1,575
Residential homes and communities are developed across the United States.
bozzuto.com1988Greenbelt, United States$5M2,722
Luxury apartments are developed and managed across the United States.
lennar.com1954Miami, United States12,284
Property developer focusing on multi family housing units
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Detailed competitors of WCI Communities

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of WCI Communities

Websites that share an audience with WCI Communities (wcicommunities.com).

Similar websites

Websites whose visitors overlap most with WCI Communities. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
lennar.com
100%
4.2M#14,273View details
en.wikipedia.org
en.wikipedia.org
62%
–
suncity.com
suncity.com
60%
–
wcicareers.com
wcicareers.com
59%
–
mintofla.com
mintofla.com
44%
–

Top companies in Real Estate Developers & Builders

3 companies that operate in the same segment as WCI Communities (Real Estate Developers & Builders) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Real Estate Investment trust providing investment brokerage services.
1971Reno, Nevada, United StatesUSD 755.16 M897
Residential and commercial properties are developed across the United States.
2010Dallas, Texas, United StatesUSD 1.47 B545
Real estate properties and electricity products are developed by Valmont.
1946Omaha, Nebraska, United StatesUSD 4.1 B10,990
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Related news about Wci Communities

Real estate firm adds pair to leadership team
Businessobserverfl β€’ 6 years ago
Builder plans new community, waterfront homes
Businessobserverfl β€’ 8 years ago
Lennar Acquires WCI Communities for $643M
Multihousingnews β€’ 9 years ago
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Complete news archive for WCI Communities

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about WCI Communities

WCI Communities was founded in 1996 and raised its 1st funding round 8 years after it was founded.

WCI Communities is headquartered in Bonita Springs, United States. It is registered at Bonita Springs, Florida, United States.

Stuart Miller is the CEO of WCI Communities, as recorded in our data.

WCI Communities is a funded company, having raised a total of $50M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $600M, raised on Aug 2004.

WCI Communities has 841 employees.

WCI Communities was founded in 1996 in Bonita Springs, United States, within the real estate sector. Emphasis is placed on developing luxury residential communities, with operations focused on planning, construction, and management of high-end properties. Services include community design and homebuilding tailored to upscale markets. Geographic activities are primarily conducted in Florida, under the leadership of CEO Stuart Miller.

WCI Communities's top competitors include Bozzuto, Lennar and Century Communities.

WCI Communities offers New Homes, Active Adult Communities, and Townes.

WCI Communities has 18 investors. Key investors include Citi, KeyBank, Deutsche Bank, Bank of America, and First Citizens Bank.

WCI Communities operates through Wci Communities, Inc..

Yes. WCI Communities was acquired by Lennar in September 2016.

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