Lennar Homes has sold several lots in its Siena Reserve development in Kendall, Miami for $15.7 million. The buyer, AG EHC II Len Multi State 4 LLC, is Lennar's land bank partner. The project offers single-family homes and townhomes with prices ranging from $446,000 to $710,000. It features amenities such as a pool, clubhouse, playground, and fitness center.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $15,700,000
• Address: 12705 Southwest 232nd Street, Miami
• Market: Miami

This transaction involved Lennar Homes as the seller, represented by Stuart Miller and Jon Jaffe. The buyer, AG EHC II Len Multi State 4 LLC, was represented by Angelo Gordon, Adam Schwartz, and Josh Baumgarten.