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Charles Brecker Charles Brecker

MIAMI—Call it a mega merger. Two of the largest homebuilders, Miami-based Lennar Corp. and Arlington, Va.-based CalAtlantic Group struck a $9.3 billion deal to merge and create the nation’s largest homebuilding company.

The merger comes at a time when America’s homebuilding sector is faced with a number of challenges from labor shortages to higher regulatory expenses. At the same time, opportunity abounds in the industry.

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Jennifer LeClaire

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