LMF Commercial, a commercial mortgage lending subsidiary of homebuilder Lennar, reportedly told employees October 21 that it was shutting down lending operations.Commercial Observer reported the development October 26, citing multiple sources familiar with the...
Lennar has broken ground on a 220-home development at the former Fort Monmouth military installation in Eatontown, New Jersey, adding another residential project to the long-running redevelopment of the 1,226-acre former Army property. The homebuilder announced the...
Lennar broke ground October 15 on The Foundry, a planned redevelopment of more than 1,000 townhomes and detached houses in downtown Las Vegas. The roughly 70-acre project occupies former Grant Sawyer state office and Cashman Center land near Las Vegas Boulevard and...
A securities lawsuit is testing how clearly Millrose Properties told investors it could move beyond land banking into owning completed rental homes. The company, spun out of Lennar in February 2025, faces a proposed shareholder class action after allegations that it...
Lennar has broken ground on 441 planned townhomes and single-family houses in Wyomissing, Pennsylvania, where the builder is tying a sizable residential project to a new retail district in Berks County. The company announced construction’s start October 8 at...