Lennar Completes Acquisition of Rausch Coleman Homes
MIAMI, Feb. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE:LEN, ", Lennar", )) announced today the completion of the previously announced acquisition of Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas ("Rausch Coleman"). Lennar acquired Rausch Coleman's homebuilding operations, which delivered approximately 5,300 homes with an average sales price of about $230,000 in calendar year 2024. Millrose Properties, Inc. (NYSE:MRP, ", Millrose", )), a recently spun-off subsidiary of Lennar, acquired Rausch Coleman's land assets and Lennar has options on the land.
With this acquisition, Lennar has expanded its footprint into new markets in Arkansas (Bentonville/Faye
