Miami-based Lennar Corp. is in advanced talks to sell its real estate lending unit, Rialto Capital. Private-equity firm Stone Point Capital is considering buying Rialto for an undisclosed price, the Wall Street Journal reported. Lennar indicated in April that it might sell Rialto as part of a larger effort to focus on home building and sell or spin off noncore subsidiaries. The change comes as Lennar and other home builders face a housing market on […]
source https://therealdeal.com/miami/2018/10/09/lennar-in-talks-to-sell-real-estate-lending-unit-to-stone-point-capital/#new_tab
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