Lennar and Morgan Stanley Real Estate Announce the Formation of a Strategic Land Investment Venture (FinanzNachrichten)

MIAMI, Nov. 30 /PRNewswire-FirstCall/ — Lennar Corporation ( Nachrichten ), one of the nation’s largest homebuilders, and Morgan Stanley ( Nachrichten ) Real Estate, an affiliate of Morgan Stanley&Co., Inc., announced today that they have formed a strategic land investment venture to acquire, develop, manage and sell residential real estate.

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