Lennar to Buy CalAtlantic Homes, Create Nation’s No. 1 Builder by Revenue
On Monday, Lennar announced that it plans to purchase CalAtlantic Homes for $5.7 billion in an acquisition that would create the nation's No. 1 builder by revenue. The transaction is expected to be completed in the first quarter of 2018, as reported by CNBC. When D. R. Horton bought Forestar earlier this year, the builder gained all of its land position[...]
