Lennar To Acquire Rausch Coleman Homes [Yahoo! Finance]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: Yahoo! Finance
The acquisition will expand Lennar's footprint into new markets in Arkansas, Oklahoma, Alabama, Kansas, and Missouri, and add to its existing presence in Texas, Oklahoma, Alabama, and Florida. Rausch Coleman is expected to deliver around 5,000 homes in 2024 with an average sales price of $230,000. As part of the deal, Lennar will assign Rausch Coleman's land assets to a third party, in line with its 'land light' strategy. MIAMI Nov. 19, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) announced today that it has entered into a definitive agreement to acquire Rausch Coleman Homes , a residential homebuilder based in Fayetteville, Arkansas . Lennar will acquire Rausch Coleman's homebuilding operations, which expects to deliver approximately 5,000 homes with an average sales price of in calendar year 2024. In connection with Lennar's land light strategy, Lennar intends to assign the purchase of, and option, all of Rausch Coleman's land assets with a third party. With t
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News
- Florida company to buy Rausch Coleman Homes [Yahoo! Finance]Yahoo! Finance
- Lennar (LEN) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Lennar To Acquire Rausch Coleman HomesPR Newswire
- Quarterra Multifamily Announces the Start of Leasing at Cordelia Apartments [Yahoo! Finance]Yahoo! Finance
- Quarterra Multifamily Announces the Start of Leasing at Cordelia ApartmentsPR Newswire
LEN
Earnings
- 9/19/24 - Beat
LEN
Sec Filings
- 11/12/24 - Form SC
- 10/29/24 - Form 4
- 10/28/24 - Form 144
- LEN's page on the SEC website