Used to be a good company - Anonymous employee Quarterra Employee Review

1.0
Sep 2, 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company offers decent benefits, 401K

Cons

After "rebranding" Lennar LMC to Quarterra and retirement of the former CEO Todd Farrell, the company went on a downhill trajectory. Several top executives left forsining a sinking ship. The management tells employees during meetings that they have a plan and there will be no layoffs, while simultaneously doing massive layoffs across the country. No transparency. No stability. No growth opportunity. Pay is below market average, and the promised end of the year bonus was cut down in half.

Explore other reviews about Quarterra

5.0
Apr 8, 2026
Recommend
CEO approval
Business outlook

Pros

Great product/floorplans, great training, supportive leadership, competitive hourly pay and commission structure, large focus on customer service and aiding the residents in conflict/resolution

Cons

Honestly not many cons. They are your standard property management company. You know you are signing up as a leasing professional to work weekends and hit numbers in sales

1.0
May 23, 2025
Recommend
CEO approval
Business outlook

Pros

Prior to the re-brand LMC consistently hovered in the top 10 NMHC list, ranking as high as 4th one year. Not an easy feat. We took a ton of pride in what we were building and our faith in the leadership and in the brand was unwavering. The collaboration was unmatched across all platforms.

Cons

A tragic domino effect of executive retirement, resignation and succumbing to bad ideas compounded upon other bad ideas reduced what was once the 4th biggest apartment builder in the nation to a smoldering pile of wreckage in less than 36 months. The entire self-performed construction division was shuttered permanently, large swaths of the portfolio were sold off, and remaining forces were reduced in round after round of layoffs. We went from thousands and thousands of unit-starts a year to a small group of leftover developers, leasing agents and maintenance workers huddled in the corner waiting for the same axe to drop on them as did hundreds of their peers. That's a con.

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