
Dream Finders bets empty nesters want amenities, not age limits
Reverie active adult brand targets Gen X buyers seeking amenities and connection, while builders look to protect margins

Luminate Bank acquires select assets of First State Mortgage Services
Luminate adds volume and a larger Midwest presence

Toll Brothers luxury moat meets a tougher market test
Cash buyers were 25% of deliveries, and the average loan-to-value was 69% in fiscal Q3
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