Millrose properties completes acquisition of rausch coleman homes land assets

Miami--(business wire)--millrose properties, inc. (nyse: mrp, “millrose”), a “first-of-its-kind” homesite option purchase platform for residential homebuilders (hopp'r), announced today that it has completed the previously announced acquisition of approximately 24,000 homesites from rausch coleman homes (“rausch coleman”), and simultaneously executed option agreements with lennar corporation (“lennar”) on all acquired homesites. millrose acquired the rausch coleman homesites for approximately $.
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