Rialto Capital said to be up for sale as housing market bites

The Wall Street Journal reported on Tuesday that Rialto Capital, a financial subsidiary of US home builder Lennar Corporation, may be sold off to Stone Point Capital, a private equity firm with a substantial footprint in the US real estate market.

  • By Alexander Saeedy
  • 09 Oct 2018
Rialto was founded by Lennar in 2007 in order to strategically invest in distressed real estate debt. It was one of several firms involved in the Obama administration’s Legacy Securities Public-Private Investment Program (PPIP) under the Troubled Asset Relief Program (TARP), where it acted as a junior partner ...

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