Lennar Multifamily, with East Coast headquarters in Charlotte, last month bought a 3.5-acre tract of land for $8.25 million in Charlotte’s Metropolitan district, according to Mecklenburg County property records.
They’re victims of the recession: unfinished communities scattered across the Charlotte area. But for homebuilders like Lennar Corp., they’re an opportunity. Just ask Jon Hardy. Hardy, president of the Miami-based company’s Charlotte division, said that this year Lennar has built homes in nine Charlotte-area communities that others started but couldn’t finish. That represents a spike [...]