Published On: Tue, Jun 21st, 2016

Lennar set to buy 27-hole golf course in Boca Raton

The Miami-based builder plans to construct homes across the entire 27-hole course



Miami-based homebuilder Lennar Corp. has a contract to acquire a public golf course in Boca Raton from Wells Fargo Bank for an undisclosed amount on July 1.

Lennar plans to build homes on the entire grounds of the 27-hole Ocean Breeze Golf Club at 5801 Northwest 2 Avenue  in Boca Raton.

Wells Fargo owns Ocean Breeze because the bank’s South Florida predecessor, Wachovia Bank, filed a foreclosure suit in 2010 against the property’s previous owner.

A Wells Fargo spokeswoman told the Sun-Sentinel that Ocean Breeze is too expensive to maintain as a golf course.

The 27-hole golf course is the largest of two public courses in Boca Raton that are open to the public…

Read the full story at The Real Deal, by Mike Seemuth





Lennar Corp., the second-largest U.S. homebuilder, reported fiscal third-quarter earnings that beat analysts’ estimates as demand for new homes strengthens. Net income for the three months through August More…

house for rent

Lennar Corp. and Toll Brothers Inc., two of the nation’s biggest home builders, are making a push into apartment construction despite doubts about the sustainability of the multifamily development boom. Lennar More…


Lennar CEO Stuart Miller told CNBC that housing is looking up but there is a “long runway” ahead. “Housing market continues to improve at a slow and steady pace, ” Miller told CNBC. One issue More…

NJ homes

Lennar Corporation is one of the first three American real estate development firms to benefit from a $1 billion investment by the Chinese goliath Landsea in new housing projects in the United States. It will partner More…

Read more about: , , ,

About the Author

Wordpress site Developed by Fixing WordPress Problems