Home Private Equity News & Analysis Private Equity Deals & Transactions Lennar buys $3bn FDIC portfolio for $243m

Lennar buys $3bn FDIC portfolio for $243m

The US homebuilder has returned to buying distressed debt acquiring a portfolio of 5,500 residential and commercial loans pooled from 22 failed banks by the FDIC.

Zoe Hughes -

12 February 2010

Not for publication, email or dissemination

Nearly there!

California pension banks on rising dealmaking to lift below-average PE distributions

Side Letter: Warburg ponders secondaries

Number Crunch: Education investment fails to make the grade

Performance watch: US upper mid-market funds (2013-15 vintages)

Lennar buys $3bn FDIC portfolio for $243m

Nearly there!

California pension banks on rising dealmaking to lift below-average PE distributions

Side Letter: Warburg ponders secondaries

Number Crunch: Education investment fails to make the grade

Performance watch: US upper mid-market funds (2013-15 vintages)

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