Author: Brian Bandell

Lennar’s spinoff company would control over 105,000 homesites across the United States.

CareMax said the 29 location were medical facilities and other locations that were already closed, in the process of closing or never even opened.

Lennar’s CEO said the company has increased its construction starts in the second quarter at a time when most homebuilders started fewer homes.

The Department of Education investigated the school and said it found numerous violations.

Lennar sacrificed profit margins on homes to keep sales going. All of its Texas markets are among those cities where the company used more aggressive financing programs and incentives in order to generate sales volume.

Major homebuilder Lennar has been slashing home prices in the Houston area as the market cools. The company expects a slowdown in homebuilding in 2023.

Lennar Corp., one of the largest homebuilders in Houston and nationwide, is walking away from some land purchases as new orders fall and cancellations rise.

The Miami-based company, one of the nation’s largest homebuilders and the second largest in the Houston area, says higher interest rates will damper price increases.

The developers have the site under contract from a university.

Investments in real estate technologies such as ibuyer Opendoor and Houston-based Sunnova Energy International cut into the homebuilder’s profits.