Lennar is selling majority stakes in multifamily businesses, signaling a strategic change

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, […]