✉news BusinessReal Estate first seen 20 h ago, last 3 h ago, peak #1
Buffett's successor takes 11% stake in homebuilder Lennar
Original: Warren Buffett's successor makes third big housing market bet this year—now owning around 11% of Lennar
Greg Abel, Warren Buffett's designated successor at Berkshire Hathaway, has made his third major housing market investment this year, with the company now holding roughly 11% of homebuilder Lennar. The move signals continued confidence in US homebuilding despite elevated mortgage rates, and investors are watching whether further bets on the housing sector will follow under Abel's leadership.
Why now: Investors are watching how Buffett's successor is reshaping Berkshire's portfolio with new bets on the housing market.
Warren BuffettGreg AbelBerkshire HathawayLennar
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