Friday, September 23, 2016

Lennar agrees to buy luxury homebuilder WCI Communities for $643 million…or does it?

WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida, announced this week that it agreed to a “definitive merger agreement” with fellow homebuilder Lennar for quite the premium, but the company is seeking out a better deal. http://www.housingwire.com/articles/38112-lennar-agrees-to-buy-luxury-homebuilder-wci-communities-for-643-millionor-does-it ❤️ #share #mortgage



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