Real estate
fromwww.housingwire.com
6 days agoMillrose Properties one-year report card, Q1 2026 earnings
Millrose Properties' spin-off from Lennar has successfully validated its land-banking model in a challenging housing market after one year.
At the corner of Sunnyvale-Saratoga Road and South Mathilda Avenue, the development would consist of 162 apartments and 80 townhomes, documents show. Valley Oak Partners filed the development application and steered the proposal through the city review process. The timeline to build the project wasn't immediately known. Plans on file with Sunnyvale officials show the housing would include a two-level garage and about 2,000 square feet of commercial spaces on the ground floor.