Lennar sells majority stake in multifamily business, signaling strategic shift

Lennar announced on Tuesday that TPG Real Estate has acquired a majority stake in Quarterra, Lennar’s multifamily vertical. Lennar will maintain a minority interest, but the deal signals a strategic recalibration as the builder’s multifamily business struggled with a sizeable net loss last year. In
Read MoreCompass-Anywhere merger wins shareholder approval, closing expected soon

Stockholders of both Compass and Anywhere Real Estate voted “overwhelmingly” to approve the proposed merger between the two firms. The shareholder approval came after the two firms held special shareholder meetings on Wednesday for the purpose of this vote. According to a joint press press release,
Read MoreMaryland bids for deeper reforms to address housing affordability

Maryland Gov. Wes Moore on Tuesday rolled out a trio of housing bills that push his state deeper into the trenches of a national fight over affordability and land use. Set for introduction when the new General Assembly session starts next week in Annapolis, the Governor’s proposals would jump‑start
Read MoreCreative strategies help first-time buyers enter 2026 housing market

Will 2026 be a turning point for prospective first-time homebuyers? The National Association of Realtors (NAR) seems to think so. In a report published on Tuesday, the trade group says that it expects the housing affordability landscape to improve throughout the year. Driving this improvement, acco
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