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COSTA MESA – Rutan & Tucker real estate partner Randall M. Babbush represented Temecula-based Pacific Century Homes in its acquisition by homebuilding industry giant Lennar Corp. of Miami. Financial terms of the deal were not disclosed. Pacific Century said it is currently developing 1,700 homes for sale in the coming year at an average price of $220,000. In the deal, Lennar picks up a total of 7,000 homesites in Riverside and San Bernardino counties. Prior to the sale, Pacific Century was the largest homebuilder in the Inland Empire. The deal makes Lennar the largest homebuilder in California, according to the Irvine-based Meyers Group, which tracks the real estate industry. Rutan & Tucker, with roots going back to 1906 and headquartered in Costa Mesa, is the oldest and largest full-service law firm headquartered in Orange County. Its primary practice areas include real estate, municipal and government agency law, business litigation, corporate and securities, labor and employment, intellectual property, and taxation and estate planning.