Lennar to sell Rialto investment business to Stone Point Capital for $340 million

Lennar to sell Rialto investment business to Stone Point Capital for 0 million
Homebuilder Lennar announced it has agreed to sell its Rialto Investment and Asset Management business to Stone Point Capital in a deal worth $340 million. The news of the sale shouldn’t come as too much of a surprise. Rumors about Lennar offloading Rialto to Stone Point surfaced in early October.
Source: https://www.housingwire.com/rss