NOTABLE TRANSACTIONS: Homebuilder Lennar acquires more lots in Des Moines area

Lennar Corp., doing business as Lennar Iowa LLC, has acquired 12 residential building lots in West Des Moines, Polk County real estate records show.

Lennar, the nation’s second-largest homebuilding company, paid Savanah Development LLC just over $1 million for the lots in Cross Creek, a plat in southeast West Des Moines.

In June, the Miami, Fla.-based homebuilder confirmed it was entering the Des Moines-area market. At the time, the homebuilder declined to say where it would build new homes. Since then, the homebuilder has acquired residential building lots in northeast Des Moines, Altoona and Adel…

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