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Lennar to Acquire Rausch Coleman Homes
- Client News
- November 19, 2024
Paul, Weiss is advising Lennar Corporation, a $45 billion publicly traded homebuilder, in its acquisition of Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas. Under the terms of the deal, Lennar will acquire Rausch Coleman’s homebuilding operations and intends to assign the purchase of, and option, Rausch Coleman’s land assets with a third party. The deal will expand Lennar’s footprint into new markets in Arkansas, Oklahoma, Alabama, Kansas and Missouri while adding to its existing footprint in Texas, Oklahoma, Alabama and Florida. Financial terms of the transaction, which is expected to close in the first quarter of 2025, were not disclosed.
The Paul, Weiss team is led by corporate partners Jeffrey Marell, Cullen Sinclair and Matthew Benedetto, and includes partners Timothy Cruickshank, Thomas de la Bastide, Suhan Shim and Brian Janson, and counsel Adam Longenbach; tax partner Scott Sontag; intellectual property partner Claudine Meredith-Goujon; executive compensation partner Lawrence Witdorchic; real estate partner Peter Fisch; antitrust partners Joshua Soven and Marta Kelly, and counsel John Magruder; environmental counsel William O’Brien; and litigation counsel Audrey Paquet and Pietro Signoracci.