Finance & Commerce: Closing time: Lennar, Doran, United buy sites for apartments

Developers behind three big apartment projects totaling up to 1,390 units have officially closed on their project sites, a step often meaning construction isn’t far behind.

Lennar Multifamily Communities, Doran Cos. and an entity related to United Properties and Greco LLC finalized their purchases in late May or early June, according to certificates of real estate value made public this week.