Lennar announced this on Tuesday TPG Real Estate has acquired a majority stake QuarterLennar’s multifamily vertical. Lennar will retain a minority stake, but the deal signals a strategic recalibration as the builder’s multifamily business suffered a significant net loss last year. Lennar’s multifamily business suffered an operating loss of about $75 million in fiscal 2025, […]
Yet many still expect growth, especially in the areas of multi-family housing, senior housing and workforce housing. While only 29% of respondents plan to expand their operations by 2026, more than half believe access to affordable housing will increase, reflecting what TD Bank leaders describe as “cautious optimism” across the industry. Andrew Warren, senior vice […]