Lennar home building company is set to buy CalAtlantic homes, according to a CNBC article.
The combination would create the largest new home builder in the US.
Lennar hopes this will help them access more land and greater building opportunities.
Here are more details in the CNBC article.
CalAtlantic was headquartered in Virginia and California, and came from a combination of Ryland Homes and Standard Pacific builders. Ryland built a number of newer communities in the Baltimore area, and CalAtlantic after they took over in 2015.
I look forward to seeing what communities may be built by Lennar in the Baltimore area.
To learn about buying a new home in Baltimore communities, please contact me. I would be pleased to help!