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Tag Archives: rentals

Low Homeownership Rates Push Homebuilders into Rental Market

Lennar opened its first community of single-family rental homes this month in Sparks, Nevada, and has a construction pipeline of 20,000 apartments exceeding $5.5 billion, the Miami-based company said today. After reporting a better-than-expected net income, it seems Lennar's decision may be paying off.

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