Relevant:
- Lennar Looks to Distressed Debt as Homebuilding Slump Persists
- Lennar Reports First-Quarter Profit on Distressed Deals
- Lennar Buys $3.05bn of Distressed Real Estate Loans
- Lennar Names Former Morgan Stanley Executive Jay Mantz Rialto's President
- Lennar Quarterly Profit Declines on Homebuilder's Rialto Investments Unit
2010-11-29 — nationalmortgagenews.com
``A subsidiary of homebuilder Lennar Corp. completed its first closing of a real estate fund to invest in distressed real estate assets. Rialto Capital closed the fund with $300 million in initial equity commitments, including $75 million from the Miami-based homebuilder.''
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