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The American housing landscape reached a major milestone as (NYSE: LEN) officially finalized its acquisition of CalAtlantic Group, Inc. . This strategic combination has created the nation's largest homebuilder by revenue, signaling a massive shift for homebuyers and investors alike. A Powerhouse Combination
The New Giant in Housing: Lennar and CalAtlantic Complete Historic Merger lennar buys calatlantic
By merging with , Lennar now commands a leading position in 24 of the top 30 U.S. markets. The $9.3 billion deal, which included assuming $3.6 billion in debt, brings together two of the industry's most recognizable names to form a company with annual revenues exceeding $17 billion. For the modern homebuyer, this means: Lennar Completes Strategic Combination with CalAtlantic The American housing landscape reached a major milestone