Further building activities on multi-family housing in the Sarasota-Manatee area can be expected from Lennar Homes, Sarasota Bay Real Estate said, noting that the national homebuilder has adopted a multifamily platform as part of its long-term strategies. This was revealed, the full service realty firm said, in the recent announcement of Lennar’s 2012 fourth quarter results wherein the company’s CEO, Stuart Miller, disclosed that the multifamily platform that the homebuilder incubated “is now maturing into the construction phase with a pipeline of over $1 billion to be developed over the next three years.”
(PRWeb March 17, 2013)
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