Lennar announces $4 billion single family rental platform with centerbridge partners as lead investor

Miami, march 17, 2021 /prnewswire/ -- lennar corporation (nyse:len and len.b), one of the nation's largest homebuilders, today announced the formation of the upward america venture.  the business will initially be capitalized with a total equity commitment of $1.25 billion led by centerbridge alongside allianz real estate and other high quality institutional investors.
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