Lennar Names Morgan Stanley Veteran Mantz Rialto’s President
This article is for subscribers only.
Lennar Corp., the third-largest U.S. homebuilder by revenue, named Morgan Stanley veteran Jay Mantz president of its Rialto Investments unit as the company expands the distressed-investing business.
Mantz spent 18 years at Morgan Stanley, most recently as vice chairman of its real estate investing group, before leaving in January. He will oversee Rialto’s real estate management business, Miami-based Lennar said in a statement today.