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Lennar Acquires 209 Home Lots In Delray Beach's Avalon Trails Community From 13th Floor Investments

Lennar Acquires 209 Home Lots In Delray Beach's Avalon Trails Community From 13th Floor Homes

October 12, 2020

Lennar Corp. (NYSE: LEN) has acquired 209 home lots from an entity tied to 13th Floor Investments in the Avalon's Trails community in Delray Beach for $27.64 million. The price pans out to roughly $132,000 per lot and the seller may be eligible to participate in the success of the project where homes are priced from the mid-$300,000’s.

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In Acquisitions, Commercial, Closed, Development, Development Sites, Delray Beach, Home Builders, News, News & Features, Traded Tags Lennar, Lennar (LEN), 13th Floor Investments, 13th Floor Homes, Delray Beach, News & Features, News, Commercial, Development Sites, Development, Acquisitions, Traded, Closed, Single Family Homes, Home Builders, 7472 N. Oriole Blvd., Avalon Trails, October 2020
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