January 2026

Lennar sells majority stake in multifamily business, signaling strategic shift

Lennar announced on Tuesday that TPG Real Estate has acquired a majority stake in Quarterra, Lennar’s multifamily vertical. Lennar will maintain a minority interest, but the deal signals a strategic recalibration as the builder’s multifamily business struggled with a sizeable net loss last year. In fiscal 2025, Lennar’s multifamily business experienced an operating loss of

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Compass-Anywhere merger wins shareholder approval, closing expected soon

Stockholders of both Compass and Anywhere Real Estate voted “overwhelmingly” to approve the proposed merger between the two firms. The shareholder approval came after the two firms held special shareholder meetings on Wednesday for the purpose of this vote.  According to a joint press press release, approximately 99% of the votes cast at Compass’s meeting

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