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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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Technology equation that makes Lennar and CalAtlantic combo work

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

Data, business intelligence investment will come into play to add velocity to local, divisional, regional and national decision-making and workflows. By John McManus | Hive As the picture of a super power–combining the heft of the No. 2 and the No. 5 home building businesses under the Lennar umbrella as a 43,700-home, $17.2 billion enterprise–comes […]

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Lennar pledges $1M to Houston relief

Posted by   /  September 5, 2017  /  Real Estate  /  No Comments

Will match employee contributions as well. Builder (NYSE: LEN and LEN.B) late Tuesday pledged at least $1 million to the United Way of Greater Houston Flood Relief Fund to help victims of Hurricane Harvey. The Lennar Foundation will also will match contributions dollar-for-dollar made by its 9,000 associates nationwide. “Our hearts go out to people […]

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Lennar to break ground in July on Central Avenue-McDowell Road apartments

Posted by   /  May 13, 2015  /  Dealmaker, Real Estate  /  No Comments

McDowell apartments

By Mike Sunnucks | Phoenix Business Journal Lennar Corp. (NYSE: LEN) is scheduled to start construction in July on three new apartment developments in downtown Phoenix, Chandler and Tempe near Arizona State University. The trio of complexes total more than 1,000 units, said Nathan Stum, development manager of Lennar Multifamily. The most anticipated of those […]

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