November 12, 2013
Willkie represents the initial purchasers, led by Wells Fargo Securities, J.P. Morgan Securities and Deutsche Bank Securities, in Rule 144A offering.
On November 8, Lennar Corporation, one of the nation's largest homebuilders, announced that its wholly owned subsidiaries, Rialto Holdings, LLC and Rialto Corporation, had priced an offering of $250 million of senior notes due 2018. Willkie represented the initial purchasers, led by Wells Fargo Securities, J.P. Morgan Securities and Deutsche Bank Securities, in this Rule 144A notes offering. Based in Miami, Lennar builds affordable, move-up and retirement homes primarily under the Lennar brand name. Rialto is a top-tier, vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure.
The deal was handled by partners David Boston and Cristopher Greer; of counsel Martin Miller and associates Laura Acker, Thomas Cantore and Mark Myott.
