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How the Lennar, CalAtlantic deal impacts the nation’s biggest markets

Posted by   /  November 14, 2017  /  Real Estate  /  No Comments

Once the acquisition is official, the combined company will be No. 1 builder in more than half of the top 30 MSAs. By Brian Croce | Builder Late last month, Lennar (NYSE: LEN and LEN.B) sent shock waves throughout the home building industry with the announcement that it plans to acquire CalAtlantic (NYSE: CAA) in a $9.3 billion deal—including […]

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Fitch, Moody’s bullish on massive Lennar-CalAtlantic merger

Posted by   /  November 1, 2017  /  Real Estate  /  No Comments

By Ben Lane | Housingwire On Monday, the homebuilders announced a deal that will see Lennar acquire CalAtlantic in a deal valued at approximately $9.3 billion. The deal will create the nation’s largest homebuilder. In brief notes sent Tuesday to clients, Fitch and Moody’s noted the strength and size of the combined company as a […]

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Lennar, CalAtlantic strike deal to create largest U.S. home builder

Posted by   /  October 30, 2017  /  Real Estate  /  No Comments

handshake

Combined company will be one of the top three home builders in 24 of the top 30 U.S. markets  By Cara Lombardo | The Wall Street Journal Lennar Corp. LEN -2.43% will buy CalAtlantic Group Inc. CAA +22.87% in a $5.7 billion deal, that will create the country’s largest home builder by revenue, the companies said Monday. Under the terms of the agreement, each […]

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CalAtlantic purchases 5 acres in Phoenix in two deals

Posted by   /  January 7, 2016  /  Real Estate News Briefs  /  No Comments

CalAtlantic

(NEWS RELEASE) Ryland Home, now CalAtlantic Homes, purchased 1.66 acres located at 2541 East Osborn Road in Phoenix. The Purchase Price of the Property was $950,000 and CalAtlantic plans to build 11 to 14 homes on the Property. CalAtlantic Homes recently purchased another parcel through Cashen which was a 2.3 acre parcel that was purchased […]

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