ALISO VIEJO, CA—FivePoint Communities, a spun-off unit of Lennar Corp., may be headed for an IPO, according to recent media reports.
The Orange County Register reported Tuesday that the Aliso Viejo firm had filed preliminary paperwork with the U.S. Securities and Exchange Commission for “a possible initial public offering of its class A common stock.”
Bloomberg said a spokesperson for the firm declined to comment on the report.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
