With slow sales, Lennar constructs rental houses
Lennar Corp., the second biggest U.S. homebuilder, is increasing its stake on rental home as the rate of sales continues to trail. Lennar started its first community of single-family rental houses this month in Sparks, Nevada, and has a building …
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Riverview apartments reach the marketplace; investment sales on torrid rate
According to Robin Davis of Austin Investor Interests LLC, a local research company, 38 leading flat properties were for sale in the conclusion of 2014 and 25 had contracts pending within a month. Ted Jones, chief economist for Stewart Title Guaranty Co …
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