Lennar Q2 2026 results test the land-light model

June 12, 2026 by bp56691

While the world gets swept up in the euphoria of SpaceX’s IPO, some of the rest of us remain anchored to a more down-to-earth – but no less fascinating – domain, where gravity’s still a thing. In this realm, grounded as it is with a you-pick-it array of supply and demand challenges, Lennar just delivered […]

Toll Brothers lifts 2026 delivery outlook as luxury demand holds

May 20, 2026 by bp56691

The late, legendary Bob Toll once laid bare the fact that he was personally incapable of installing a curtain rod in a living room, let alone knowing the first thing about building a home from the ground up. What Bob did intuit was that the second-floor walls of a typical 1960s two-story home could be […]

Policy uncertainty takes center stage as AMH reports revenue gains

May 11, 2026 by bp56691

AMH reported record spring leasing activity, 2.8% year-over-year revenue growth, and 95.1% occupied days in Q1 2026. Executives said Section 901 has paused BTR capital, prompting fewer starts and lowering 2026 deliveries guidance.

Realtor.com operator sees revenue rise 10% in News Corp’s Q3 earnings

May 8, 2026 by bp56691

News Corp revenue rose 9% to $2.19B and net income rose 13% to $121M, while Move revenue increased 10% to $148M.

Rocket beats earnings guidance with strongest quarterly profit in four years

May 7, 2026 by bp56691

Rocket Companies reported its most profitable quarter in four years as artificial intelligence initiatives, a larger servicing portfolio and recent acquisitions helped the Detroit-based firm grow market share despite a choppy mortgage backdrop.

Millrose Properties one-year report card, Q1 2026 earnings

May 6, 2026 by bp56691

A year ago, when Lennar completed the spin-off of Millrose Properties into a standalone, publicly traded REIT, the sheer size, root motivation and the complex nature of the pivot ushered in an era of land-banking unlike any before. Global capital asset managers followed suit. Land-banking and asset-light or land-light business and balance sheet management began […]