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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2025 Q1 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2025 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity incorporation state</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position Location, Balance [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RestatementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revision of Prior Period [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDeferredLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Deferred Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDeferredLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Deferred Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInDeferredLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating Expenses:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PostSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Post Spin-Off [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PostSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Post spin-off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PostSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Post Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Assets, Net of Valuation Allowance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred Tax Assets, Net of Valuation Allowance, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Deferred tax asset</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total deferred tax assets, net of valuation allowance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and Contingencies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfMillroseSpinOffAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Cash Impacts Of Millrose Spin Off Abstract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfMillroseSpinOffAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-cash impacts of Millrose Spin-Off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfMillroseSpinOffAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-cash impacts of Millrose Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Interest Rate, Stated Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal amount stated percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument interest rate, stated percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from Contract with Customer [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CashContributionFromLennarSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Contribution From Lennar Spin Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CashContributionFromLennarSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash contribution from Lennar, spin-off.
.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CashContributionFromLennarSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash contribution from Lennar, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment and Geographic Information</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash and Cash Equivalents, at Carrying Value, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash and cash equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfChangeInDevelopmentLoanReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Change in Development Loan Receivables [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfChangeInDevelopmentLoanReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of change in development loan receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfChangeInDevelopmentLoanReceivablesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of Change in Development Loan Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationAllowanceLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Allowance [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThirtyNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030 Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThirtyNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand Thirty Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThirtyNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand thirty notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherPayablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Payables [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherPayablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other payables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherPayablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Payables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialSupportToNonconsolidatedLegalEntityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Support to Nonconsolidated Legal Entity [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average grant date fair value per share, Grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationAllowanceTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Asset, Valuation Allowance [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to Acquire Businesses, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash payment received from acquisition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ExchangeOfferDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exchange offer description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ExchangeOfferDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Exchange Offer Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ExchangeOfferDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Exchange Offer Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from Contract with Customer [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesites Under Option Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling, General and Administrative Expenses, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpensesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sales, General, and Administrative Expenses from Pre-Spin Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption, Period Two [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, Redemption, Option Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities and stockholders' equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestructuringCostAndReserveAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restructuring Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Frequency of Periodic Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFrequencyOfPeriodicPayment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, frequency of periodic payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioLessThanOrEqualToZeroPointThreeZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leverage Ratio Less Than or Equal to Zero Point Three Zero to One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioLessThanOrEqualToZeroPointThreeZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Leverage Ratio Less Than or Equal to 0.30 to 1.00.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioLessThanOrEqualToZeroPointThreeZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leverage Ratio Less Than or Equal to 0.30 to 1.00</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DistributionInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution in Excess of Net Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DistributionInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution In Excess Of Net Income [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DistributionInExcessOfNetIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution in excess of net income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other Assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Voting Equity Interest Acquired, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of interest acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Date of First Required Payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentDateOfFirstRequiredPayment1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, date of first payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Debt</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statutory rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">U.S. Federal Statutory Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effective tax rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Effective Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Builder deposits, additions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Builder deposits, additions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits, additions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxAuthorityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Jurisdiction [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfDeferredLoanOriginationFeesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortized deferred financing fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfDeferredLoanOriginationFeesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Deferred Loan Origination Fees, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInventoryCurrentTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Inventory, Current [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInventoryCurrentTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Change in Inventories from Spin-off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtInstrumentMaturityYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument Maturity Year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtInstrumentMaturityYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt instrument maturity year.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtInstrumentMaturityYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtInstrumentMaturityYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt instrument, maturity year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Costs, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Debt Issuance Costs, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Debt issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued debt issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommitmentsRelatedToEarnestDepositsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments related to earnest deposits received</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommitmentsRelatedToEarnestDepositsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments Related to Earnest Deposits Received</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommitmentsRelatedToEarnestDepositsReceived_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments related to earnest deposits received.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nonvested shares, Grants</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disaggregation of Revenue [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SummaryOfChangeInHomesiteUnderOptionContractsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Change in Homesites Under Option Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SummaryOfChangeInHomesiteUnderOptionContractsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Change in Homesite Under Option Contracts [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SummaryOfChangeInHomesiteUnderOptionContractsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Summary of change in homesite under option contracts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Basic and Diluted Earnings Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ManagementFeeExpensePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management Fee Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ManagementFeeExpensePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee Expense [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ManagementFeeExpensePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Management fee expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued Dividend Payalble</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic earnings per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average grant date fair value per share, Vested</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssued1_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock issued upon vesting of RSUs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssued1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssued1_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Common stock issued upon vesting of RSUs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revolving Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevolvingCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revolving Credit Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfSharesRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income to net cash from operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend payable record date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date of Record</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DomesticCountryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Domestic Tax Jurisdiction [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DomesticCountryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThirtyTwoNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand Thirty Two Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThirtyTwoNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand thirty two notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThirtyTwoNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2032 Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandBasisAdjustmentsSpinoffAndAcquiredRauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land basis adjustments, spinoff and acquired rausch land assets [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandBasisAdjustmentsSpinoffAndAcquiredRauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Land basis adjustments, spin-off and acquired rausch land assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandBasisAdjustmentsSpinoffAndAcquiredRauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land Basis Adjustments, Spin-Off and Acquired Rausch Land Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilitiesTypeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Roll Forward of Builder Deposit Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilitiesTypeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposit Liabilities, Type [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CapitalizedManagementFeeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capitalized Management Fee Expense [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CapitalizedManagementFeeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capitalized management fee expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CapitalizedManagementFeeExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized Management Fee Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Real estate Development Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment real estate development loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investments in development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockIssuedDuringPeriodValueRetained_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock issued during period value retained</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockIssuedDuringPeriodValueRetained_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period value retained.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockIssuedDuringPeriodValueRetained_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock retained by Lennar, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialSupportToNonconsolidatedLegalEntityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Support to Nonconsolidated Legal Entity [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-Based Compensation Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandDevelopmentCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Land Development Commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandDevelopmentCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Land development commitments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandDevelopmentCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land development commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ShareBasedPaymentArrangementAwardGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share based payment arrangement award grant date fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ShareBasedPaymentArrangementAwardGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Based Payment Arrangement Award Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ShareBasedPaymentArrangementAwardGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share based payment arrangement award grant date fair value.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class A [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, payment terms</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentPaymentTerms_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Payment Terms</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Federal Statutory Tax Rate, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DelayedDrawTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Delayed Draw Term Loan (DDTL) [Member]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DelayedDrawTermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Delayed Draw Term Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities and stockholders' equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash flows from operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net cash flows provided by operating activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, repurchase percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption Price, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Builder deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Builder Deposits Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits liability.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReversalOfPreSpinEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reversal of pre-spin equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReversalOfPreSpinEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reversal of Pre Spin Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReversalOfPreSpinEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reversal of pre-spin equity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development Loan Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LoansReceivableMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Loans Receivable [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LiabilitiesForTransactionDealCostsAndSellerNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities for Transaction Deal Costs and Seller Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LiabilitiesForTransactionDealCostsAndSellerNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities for transaction deal costs and seller notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LiabilitiesForTransactionDealCostsAndSellerNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Liabilities for transaction deal costs and seller notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Liabilities, Gross</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeRevenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Fee Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeRevenues_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option fee revenues.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeRevenues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option fee revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of cash flow information</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsSpin-Off_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Builder Deposits, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsSpin-Off_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits, Spin-Off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsSpin-Off_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Builder deposits, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position Location, Balance [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Management Fee Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Management fee paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ManagementFeeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption, Period [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Taxes Paid, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income Taxes Paid, Net, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for income taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Income taxes paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Cash paid for income taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfArrangementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ArrangementsAndNonarrangementTransactionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OperatingInterestPaidReveivedInKind_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Interest Paid (Reveived) in Kind</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OperatingInterestPaidReveivedInKind_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Operating interest paid (reveived) in kind.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OperatingInterestPaidReveivedInKind_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest paid-in-kind</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (decrease) increase in cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfManagementFeePaidQuarterly_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Management Fee Paid Quarterly</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfManagementFeePaidQuarterly_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of management fee paid quarterly.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfManagementFeePaidQuarterly_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of management fee quarterly payment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DescriptionOfBusinessLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Description of business [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DescriptionOfBusinessLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Description of business.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionDepositNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Deposit Non cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionDepositNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option deposit non cash.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionDepositNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherCurrentLiabilitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Current Liabilities [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherCurrentLiabilitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other current liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherCurrentLiabilitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Current Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dilutive securities outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forfeitures or repurchases of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased and Retired During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupClassificationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Classification [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock par value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BaseRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Base Rate [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BaseRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Base Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Other Operating Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Other Operating Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsOtherAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Builder Deposits, Other Additions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsOtherAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits, Other additions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsOtherAdditions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Builder deposits, other additions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Nonvested shares, Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Nonvested shares, Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested, Number of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Elements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosures of non-cash investing and financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Total homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance as of December 31, 2025</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Long-Term Debt Instruments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarnestMoneyDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnest Money Deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarnestMoneyDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Earnest deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre Spin-Off [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pre spin-off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CapitalizedInterestExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capitalized Interest Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CapitalizedInterestExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Capitalized Interest Expense [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CapitalizedInterestExpenseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Capitalized interest expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReceivablesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivables [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Accrued Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other accrued liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding RSU awards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MillroseClassACommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Millrose Class A Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MillroseClassACommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Millrose Class A Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MillroseClassACommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Millrose class a common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetAcquisitionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Preferred Stock, Shares Outstanding, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Preferred Stock, Shares Outstanding, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Incremental Common Shares Attributable to Dilutive Effect of Share-Based Payment Arrangements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase in diluted shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PublicUtilitiesInventoryAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Inventory [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RCHHoldingsIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">RCH Holdings, Inc. [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RCHHoldingsIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">RCH Holdings, Inc.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RCHHoldingsIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RCH Holdings, Inc.,</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">State and Local Income Taxes, Net of Federal Income Tax Effect, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Comprehensive Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ComprehensiveIncomePolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive Income, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Deferred Tax Assets and Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Company's Deferred Tax Assets and Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfLandDevelopmentCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Land Development Commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfLandDevelopmentCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of land development commitments.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfLandDevelopmentCommitments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of land development commitments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NatureOfExpenseAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nature of Expense [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase Money Mortgages Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Purchase money mortgages amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase money mortgages</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from senior notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Senior Long-Term Debt</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Presentation and Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Presentation and Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deposit Liability, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deposit liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total builder deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance as of December 31, 2025</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DepositLiabilityCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Total builder deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StateAndLocalJurisdictionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">State and Local Jurisdiction [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StateAndLocalJurisdictionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">State</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2025 Q3 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2025 Q3 dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q3DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2025 Q3 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_NameOfMajorCustomerDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lennar [member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lennar.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lennar</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionDepositLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Deposit Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionDepositLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option deposit liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionDepositLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option deposit liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments In Development Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in development loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquired amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Consideration Transferred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Business Combination, Consideration Transferred, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, $0.01 par value, 50,000,000 shares authorized, 0 shares issued at June 30, 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TakedownsOfHomesitesUnderOptionContractsNetOfBuilderDepositCredits_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Takedowns of homesites under option contracts, net of builder deposit credits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TakedownsOfHomesitesUnderOptionContractsNetOfBuilderDepositCredits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Takedowns of Homesites Under Option Contracts Net of Builder Deposit Credits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TakedownsOfHomesitesUnderOptionContractsNetOfBuilderDepositCredits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Takedowns of homesites under option contracts, net of builder deposit credits.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sales, general, and administrative expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling, General and Administrative Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Selling, General and Administrative Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesites [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesites.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesites [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Homesites</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfCommonStockIssuedSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common stock issued, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfCommonStockIssuedSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Cash Impacts of Common Stock Issued Spin Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfCommonStockIssuedSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non cash impacts of common stock isued spin-off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maturity date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Maturity Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupIncludingDiscontinuedOperationCashDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupIncludingDiscontinuedOperationCashDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group, Including Discontinued Operation, Cash Deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupIncludingDiscontinuedOperationCashDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disposal group, including discontinued operation, cash deposits.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReversalOfPreSpinEquityAtSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reversal Of Pre Spin Equity At Spin off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReversalOfPreSpinEquityAtSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reversal of pre-spin equity at Spin-Off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReversalOfPreSpinEquityAtSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reversal of pre-spin equity at Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandTwentyFourIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand Twenty Four Incentive Plan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandTwentyFourIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand twenty four incentive plan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandTwentyFourIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024 Incentive Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class B [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class B Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteTakedownAdjustmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesite Takedown Adjustments [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteTakedownAdjustmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesite Takedown Adjustments Member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteTakedownAdjustmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesite Takedown Adjustments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from revolving credit facility borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Long-Term Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from Revolving Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterimPeriodCostsNotAllocableDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interim Period, Costs Not Allocable [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Public shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Development Loan Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsAccruedButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividend Accrual Rights Accrued But Not Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsAccruedButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dividend accrual rights accrued but not paid.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsAccruedButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend accrual rights accrued but not paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and contingencies (See Note 9)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioGreaterThanOrEqualToZeroPointFourZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leverage Ratio Greater Than or Equal to Zero Point Four Zero to One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioGreaterThanOrEqualToZeroPointFourZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Leverage Ratio Greater Than 0.40 to 1.00.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioGreaterThanOrEqualToZeroPointFourZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leverage Ratio Greater Than 0.40 to 1.00</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2025 Q2 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2025 Q2 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q2DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2025 Q2 dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTransactionDevelopmentGuarantee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Transaction Development Guarantee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTransactionDevelopmentGuarantee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of transaction development guarantee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTransactionDevelopmentGuarantee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of development guarantee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Receivable, Credit Loss Expense (Reversal)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Provision for (benefit from) credit loss expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForDoubtfulAccounts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Provision for (benefit from) credit loss expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revision of prior period error correction adjustment member</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RevisionOfPriorPeriodErrorCorrectionAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revision of Prior Period, Error Correction, Adjustment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Benchmark [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rausch Land Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rausch Land Assets [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rausch land assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Land Basis Adjustment for Acquired Rausch Land Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SiteImprovementGuranteeDuePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Site improvement gurantee due period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SiteImprovementGuranteeDuePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Site Improvement Gurantee Due Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SiteImprovementGuranteeDuePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Site improvement gurantee due period.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination, Recognized Asset Acquired, Property, Plant, and Equipment, Land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition in land assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityPeriodicPaymentInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityPeriodicPaymentInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Periodic Payment, Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Long-Term Debt, Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Basic, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted average common shares outstanding - basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic weighted average common shares of outstanding Class A and Class B common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basic weighted average common shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingExpenseInformationUsedByCodmDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Expense Information Used by CODM, Description</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioGreaterThanZeroPointThreeZeroToOneAndLessThanOrEqualToZeroPointFourZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Leverage Ratio Greater Than 0.30 to 1.00 and Less Than or Equal to 0.40 to 1.00</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioGreaterThanZeroPointThreeZeroToOneAndLessThanOrEqualToZeroPointFourZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Leverage Ratio Greater Than Zero Point Three Zero to One and Less Than or Equal to Zero Point Four Zero to One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LeverageRatioGreaterThanZeroPointThreeZeroToOneAndLessThanOrEqualToZeroPointFourZeroToOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Leverage Ratio Greater Than 0.30 to 1.00 and Less Than or Equal to 0.40 to 1.00.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Reconciliation of U.S. Federal Statutory Rate and Effective Tax Rates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding interest payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accrued interest payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Assets, Net [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Cash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Cash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock based compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">APIC, Share-Based Payment Arrangement, Increase for Cost Recognition, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Stock-based compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total stockholders' equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Presentation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BasisOfAccountingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Accounting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stockholders' equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Stockholders' Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DeferredOptionFeeRevenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Option Fee Revenue [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DeferredOptionFeeRevenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Deferred option fee revenue.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DeferredOptionFeeRevenueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred Option Fee Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TypeOfRestructuringDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Type of Restructuring [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development loan income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Loan Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development loan income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtLongtermAndShorttermCombinedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt, Long-Term and Short-Term, Combined Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtLongtermAndShorttermCombinedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt obligations, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtLongtermAndShorttermCombinedAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total debt obligations, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reduction to its allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Reduction to its allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Use of Estimates and Assumptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Allowance for Credit Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Financing Receivable, Allowance for Credit Loss, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Financing Receivable, Allowance for Credit Loss, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit allowances / Allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancingReceivableAllowanceForCreditLosses_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Allowance for credit losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend payable declared date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateDeclaredDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date Declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MasterOptionAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Master Option Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MasterOptionAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Master Option Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MasterOptionAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Master option agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNetPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Loan Receivables, Net [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNetPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development loan receivables, net.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNetPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development Loan Receivables, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PaydownsOfDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development loan paydowns</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PaydownsOfDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Paydowns Of Development Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PaydownsOfDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Paydowns of development loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PaydownsOfDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Paydowns of development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PaydownsOfDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Paydowns of development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoriesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Inventories [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoriesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Inventories</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationDateOfIncorporation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Date of incorporation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationDateOfIncorporation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, Date of Incorporation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre spin-off loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pre spin-off loss.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net loss prior to spin-off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PreSpin-OffLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustment for expenses from pre-spin periods</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense and Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DelayedDrawTermLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Delayed Draw Term Loan Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DelayedDrawTermLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Delayed Draw Term Loan Facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DelayedDrawTermLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Delayed Draw Term Loan Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DelayedDrawTermLoanFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">DDTL Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschColemanHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rausch Coleman Companies, LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschColemanHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rausch Coleman Homes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschColemanHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rausch Coleman Homes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschColemanHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Rausch</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingCodmIndividualTitleAndPositionOrGroupOrCommitteeNameExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentsToAdditionalPaidInCapitalDividendEquivalentRights_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend equivalent rights</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentsToAdditionalPaidInCapitalDividendEquivalentRights_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments To Additional Paid In Capital Dividend Equivalent Rights</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentsToAdditionalPaidInCapitalDividendEquivalentRights_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adjustments to additional paid in capital dividend equivalent rights.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PlanNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Plan Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Other Operating Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase (Decrease) in Other Operating Assets, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense, Operating and Nonoperating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Expense, Operating and Nonoperating, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarClassACommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lennar Class A Common Stock [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarClassACommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lennar class a common stock.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarClassACommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lennar Class A Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current State and Local Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">State income tax payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">State, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRepaidPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Repaid, Principal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRepaidPrincipal_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit repaid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Description of Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Description and Basis of Presentation [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Charges, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Issuance and Financing Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accrued Income Taxes, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NumberOfAcquiredLandParcels_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of acquired land parcels</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NumberOfAcquiredLandParcels_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Acquired Land Parcels</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NumberOfAcquiredLandParcels_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of acquired land parcels.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TakedownsOfHomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Takedowns of homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TakedownsOfHomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Takedowns of homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TakedownsOfHomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Takedowns of homesites under option contracts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateral Held [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OQ12025Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">OQ12025 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OQ12025Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">OQ12025..</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Taxes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Taxes Payable, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteInventory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesite inventory</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteInventory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesite inventory.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteInventory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesite inventory</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTaxableIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of taxable income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTaxableIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Taxable Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTaxableIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of taxable income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of reportable segment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Reportable Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DDTLCreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DDTL Credit Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DDTLCreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">DDTL Credit Agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DDTLCreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DDTL Credit Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteSpinoffTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity Note, Spinoff Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteSpinoffTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stockholders equity for contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CreditFacilityDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total debt obligations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Aggregate principal amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt instrument carrying amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionContractsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Contracts Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionContractsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option Contracts Amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionContractsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommonStockClassAAndClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Class A and Class B [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommonStockClassAAndClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common stock class A and class B.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommonStockClassAAndClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A and Class B Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income before income taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense, Borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Expense, Borrowings, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested Options Forfeited, Number of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Nonvested shares, Forfeited</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DueDiligenceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Due Diligence Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DueDiligenceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Due Diligence Costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DueDiligenceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due diligence costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PayDownsOfRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pay downs Of Real Estate Development Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PayDownsOfRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Paydowns of development loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PayDownsOfRealEstateDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Paydowns of development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average fair value of unvested shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested Options Forfeited, Weighted Average Grant Date Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity Note [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteesHoldbackLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Guarantees Holdback Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteesHoldbackLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development guarantees holdback Liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteesHoldbackLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development guarantee holdback liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandseaHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Landsea Homes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandseaHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Landsea Homes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LandseaHomesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Landsea Homes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash at end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash at beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTotalOptionFeeRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Total Option Fee Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTotalOptionFeeRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of total option fee revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfTotalOptionFeeRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of total option fee revenue.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid, Excluding Capitalized Interest, Operating Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment of interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Cash paid for income taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestPaidNet_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash paid for interest</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionContractToAcquireBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Contract To Acquire Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionContractToAcquireBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option contract to acquire business.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionContractToAcquireBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option contract to acquire business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-based compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock Units (RSUs) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RSU</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">RSUs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Liabilities, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred tax liabilities, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other related receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current income tax expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q1DividendMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2025 Q1 Dividend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q1DividendMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2025 Q1 Dividend [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2025Q1DividendMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2025 Q1 dividend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Lennar</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lennar Corporation [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lennar corporation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lennar Corporation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarningsPerShareTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarningsPerShareTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Earnings per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ValuationAllowanceByDeferredTaxAssetAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Valuation Allowance by Deferred Tax Asset [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherRelatedReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other related receivables [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherRelatedReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other related receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherRelatedReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Related Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Dividends_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Dividends_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividends declared</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RestrictedCash_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Restricted Cash, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_VariableRateAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued dividends related to DERs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Maximum Amount Outstanding During Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Line of credit facility, borrowed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Weighted Average Number of Shares Outstanding, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Weighted average common shares outstanding - diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted weighted average common shares of outstanding Class A and Class B common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Diluted weighted average common shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Ordinary Dividends, Common Stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividends paid to stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Term Loan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TermLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Term loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Federal, State and Local, Tax Expense (Benefit) [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2026Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O 2026 Q1 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2026Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O 2026 Q1 Dividends.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_O2026Q1DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">O 2026 Q1 Dividends</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Asset [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarningsPerShareLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarningsPerShareLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Earnings per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SalesRevenueNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue Benchmark [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SalesRevenueNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TaxJurisdictionOfDomicileExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Tax Jurisdiction of Domicile [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfDevelopmentLoanReceivablesAndTheAssociatedAllowanceForCreditLossesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Development Loan Receivables And The Associated Allowance For Credit Losses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfDevelopmentLoanReceivablesAndTheAssociatedAllowanceForCreditLossesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Development Loan Receivables And The Associated Allowance For Credit Losses [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfDevelopmentLoanReceivablesAndTheAssociatedAllowanceForCreditLossesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of development loan receivables and the associated allowance for credit losses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Number of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Nonvested shares, Vested</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred Costs, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCostsCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred financing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarnestDepositsAndPrepaidDueDiligenceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnest deposits and prepaid due diligence costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarnestDepositsAndPrepaidDueDiligenceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Earnest deposits and prepaid due diligence costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_EarnestDepositsAndPrepaidDueDiligenceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnest deposits and prepaid due diligence costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Federal, State and Local, Tax Expense (Benefit) [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Interest Rate During Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Line of credit facility, interest rate per annum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiabilityPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development Guarantee Holdback Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiabilityPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Guarantee Holdback Liability [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiabilityPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development guarantee holdback liability.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Real Estate Properties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfRealEstateProperties_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of homesites</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Option, Nonvested, Weighted Average Exercise Price</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Nonvested, Weighted average grant date fair value per share, Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Nonvested, Weighted average grant date fair value per share, Ending balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lennar Corp [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Lennar Corp.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_LennarCorpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lennar</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase Money Mortgages Repayments of Principal In Next Twelve Months</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Purchase money mortgages repayments of principal in next twelve months</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal payments due in 2026</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recent Accounting Standards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsRauschLandAcquisition_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Builder Deposits, Rausch Land Acquisition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsRauschLandAcquisition_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits, rausch land acquisition.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsRauschLandAcquisition_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Builder deposits, Rausch land acquisition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividend [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dividend.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversions of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Conversion of Convertible Securities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PredecessorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Predecessor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PredecessorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Predecessor [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PredecessorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Predecessor.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of principal amount of debt redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Inventory, Real Estate, Land and Land Development Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land acquired from Rausch</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoryRealEstateLandAndLandDevelopmentCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Homesite development costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Common Stock, Shares, Outstanding, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Common Stock, Shares, Outstanding, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfManagementFeePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Management Fee Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfManagementFeePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of management fee paid.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfManagementFeePaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of management fee paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total operating expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre spin-off loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ReceivableTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeAndOtherRelatedReceivablesPolicyTrxtBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option Fee and Other Related Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeAndOtherRelatedReceivablesPolicyTrxtBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Fee and Other Related Receivables [Policy Trxt Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeAndOtherRelatedReceivablesPolicyTrxtBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option fee and other related receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Provision for Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Cash Flows [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BasisOfPresentationAndSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of Presentation and Significant Accounting Policies [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BasisOfPresentationAndSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Basis of presentation and significant accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Federal Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Federal income tax payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issued, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AccruedDebtIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Debt Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AccruedDebtIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued debt issuance costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AccruedDebtIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued debt issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtIssuanceLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Issuance Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtIssuanceLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Debt issuance liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DebtIssuanceLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt issuance liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupPercentageOfOwnershipInterestSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Percentage of Ownership Interest Sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupPercentageOfOwnershipInterestSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disposal group percentage of ownership interest sold.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupPercentageOfOwnershipInterestSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of ownership interest sold</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stockholders' Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts and Financing Receivables [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Earnings Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares owned</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ProceedsFromRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Revolving Credit Facility and Delayed Draw Term Loan Facility Borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ProceedsFromRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Proceeds from revolving credit facility and delayed draw term loan facility borrowings.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ProceedsFromRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from revolving credit facility and delayed draw term loan facility borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net income (loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContractsContributedByLennarNetOfOptionDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesites Under Option Contracts Contributed By Lennar, Net Of Option Deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContractsContributedByLennarNetOfOptionDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesites under option contracts contributed by Lennar, net of option deposits.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesitesUnderOptionContractsContributedByLennarNetOfOptionDeposits_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Homesites under option contracts contributed by Lennar, net of option deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAcquisitionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Rausch Land Acquisition [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAcquisitionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Rausch Land Acquisition.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RauschLandAcquisitionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rausch Land Acquisition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivablesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option Fee Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivablesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Fee Receivables [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivablesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option fee receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReceivedSettlementOfOutstandingPrincipalAccruedInterestAndFeesRelatedToTheLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Received settlement of outstanding principal, accrued interest, and fees related to the loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ReceivedSettlementOfOutstandingPrincipalAccruedInterestAndFeesRelatedToTheLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Received settlement of outstanding principal, accrued interest, and fees related to the loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCostsAndDiscounts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Debt Issuance Costs and Discounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCostsAndDiscounts_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Amortization of Debt Issuance Costs and Discounts, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCostsAndDiscounts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amortization of debt issuance and financing costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskBenchmarkDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Benchmark [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash flows from (used in) investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option Fee Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option fee receivables [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivablesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option fee receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Expense, Nonoperating</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Interest Expense, Nonoperating, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InterestExpenseNonoperating_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Federal Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal, Deferred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_IncreaseInDeferredTaxLiabilitiesNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase In Deferred Tax Liabilities Non Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_IncreaseInDeferredTaxLiabilitiesNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in deferred tax liabilities non cash.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_IncreaseInDeferredTaxLiabilitiesNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Increase in deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Credit agreement.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit Agreement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CreditAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Agreement [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RestatementDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revision of Prior Period [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Other Assets [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfOtherAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AccruedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AccruedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Accrued issuance costs.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AccruedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Long-Term Lines of Credit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repayments of revolving credit facility borrowings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfLongTermLinesOfCredit_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Repayments of Revolving Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThrirtyNotesAndTwoThousandThrirtyTwoNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand Thrirty Notes And Two Thousand Thrirty Two Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThrirtyNotesAndTwoThousandThrirtyTwoNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand thrirty notes and two thousand thrirty two notes.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandThrirtyNotesAndTwoThousandThrirtyTwoNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2030 and 2032 Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator for basic earnings per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income attributable to Millrose Properties, Inc. common stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Long-Term Line of Credit, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Credit facility payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Line of credit facility, commitments amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCredit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsForHomesitesUnderOptionContract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Builder deposits for homesites under option contract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsForHomesitesUnderOptionContract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Builder deposits for homesites under option contract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsForHomesitesUnderOptionContract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits for homesites under option contract.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unrecognized compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfDeferredTaxLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Deferred Tax Liabilities [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfDeferredTaxLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of deferred tax liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_ScheduleOfDeferredTaxLiabilitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Schedule of Company's Deferred Tax Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration of revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Companys Nonvested Shares Activity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other liabilities.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option fee revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Revenues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Revenues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net cash provided by investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash used in investing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanPrincipalReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development loan principal receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanPrincipalReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development loan principal receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilitiesNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Liabilities, Net [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilitiesNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine3_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DiscontinuedOperationEquityMethodInvestmentRetainedAfterDisposalOwnershipInterestAfterDisposalShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retained shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DiscontinuedOperationEquityMethodInvestmentRetainedAfterDisposalOwnershipInterestAfterDisposalShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued operation, equity method investment retained after disposal, ownership interest after disposal shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DiscontinuedOperationEquityMethodInvestmentRetainedAfterDisposalOwnershipInterestAfterDisposalShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Discontinued operation, equity method investment retained after disposal, ownership interest after disposal shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other Assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption, Period [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in assets and liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherEarnestDepositReductions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Earnest Deposit Reductions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherEarnestDepositReductions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other Earnest Deposit Reductions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherEarnestDepositReductions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other earnest deposit reductions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_KennedyLewisLandAndResidentialAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Kennedy Lewis Land and Residential Advisors LLC [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_KennedyLewisLandAndResidentialAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Kennedy Lewis Land and Residential Advisors LLC.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_KennedyLewisLandAndResidentialAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Kennedy Lewis Land and Residential Advisors LLC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_KennedyLewisLandAndResidentialAdvisorsLLCMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">KL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Business Transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross unrecognized tax benefits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Unrecognized Tax Benefits, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Unrecognized Tax Benefits, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid-in Capital [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid In Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementLocationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Income Location, Balance [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Senior Notes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Senior Notes [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DescriptionOfBusinessTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Description of business [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DescriptionOfBusinessTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Description of business.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, Redemption, Option Three</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption, Period Three [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockholdersEquityNoteSpinoffTransactionNumberOfSharesDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockholdersEquityNoteSpinoffTransactionNumberOfSharesDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' equity note, spinoff transaction, number of shares distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockholdersEquityNoteSpinoffTransactionNumberOfSharesDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stockholders' equity note, spinoff transaction, number of shares distributed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from (used in) financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Loan Receivables Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development loan receivables net.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development loan receivables, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total development loan receivables, net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NetOperatingLossCarryforwardMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Operating Loss Carryforward [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NetOperatingLossCarryforwardMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net operating loss carryforward.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NetOperatingLossCarryforwardMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Operating Loss Carryforward</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonoperating Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total other income (expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other income (expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Other income (expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfRauschLandAcquisitionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Cash Impacts Of Rausch Land Acquisition Abstract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfRauschLandAcquisitionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-cash impacts of Rausch land acquisition.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashImpactsOfRauschLandAcquisitionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-cash impacts of Rausch land acquisition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issued upon vesting of RSUs, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MajorCustomersAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Based Compensation Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock-based compensation expense.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-based compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DistributionInExcessOfNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distribution in excess of net income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DistributionInExcessOfNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distribution In Excess Of Net Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DistributionInExcessOfNetIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distribution in excess of net income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date to be Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend payment date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Dividend payable paid date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Value, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Income (Loss) Available to Common Stockholders, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator for diluted earnings per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTaxExpenseDueFromAffiliatesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amounts receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTaxExpenseDueFromAffiliatesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Tax Expense, Due from Affiliates, Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Secured Overnight Financing Rate (SOFR) [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SecuredOvernightFinancingRateSofrMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOFR</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DDTLCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DDTL Credit Facility</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DDTLCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">DDTL Credit Facility [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DDTLCreditFacilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">DDTL Credit Facility.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Option fee income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Option Fee Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option fee income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandTwentyFourOmnibusIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024 Omnibus Incentive Plan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandTwentyFourOmnibusIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand Twenty Four Omnibus Incentive Plan [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_TwoThousandTwentyFourOmnibusIncentivePlanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">2024 omnibus incentive plan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Federal and state operating loss carryforwards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Assets, Operating Loss Carryforwards</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Deferred Tax Assets, Operating Loss Carryforwards, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RealEstateInvestmentTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Real Estate Investment Trust [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RealEstateInvestmentTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Real estate investment trust.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_RealEstateInvestmentTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Real Estate Investment Trust (REIT)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">State income rates, net of federal income tax benefit</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">State and Local Income Taxes, Net of Federal Income Tax Effec, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization recorded to interest expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amortization of Debt Issuance Costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Amortized issuance costs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InterestIncomeOnDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest income on development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InterestIncomeOnDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest Income On Development Loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InterestIncomeOnDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest income on development loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preferred stock, shares authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PublicUtilitiesInventoryTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Inventory [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Debt Obligations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfDebtTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Debt [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommitmentsAndContingenciesDisclosureTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_CommitmentsAndContingenciesDisclosureTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Commitments and contingencies disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from Contract with Customer [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesites Under Option Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt Obligations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Customer Concentration Risk [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Loan Receivables [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development loan receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivablesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Development Loan Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfCommonSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Common Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfCommonSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of common shares outstanding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfCommonSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of common shares outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Nonoperating Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Nonoperating Income (Expense), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Additional Paid in Capital, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MillroseSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Millrose Spin-off [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MillroseSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Millrose Spin-off Member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_MillroseSpin-OffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land Basis Adjustment at Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred State and Local Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">State, Deferred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentsToAdditionalPaidInCapitalContributionsFromSpin-Off_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to additional paid in capital, contributions from spin-off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentsToAdditionalPaidInCapitalContributionsFromSpin-Off_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adjustments to additional paid in capital, contributions from spin-off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentsToAdditionalPaidInCapitalContributionsFromSpin-Off_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contributions from Lennar, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Assets Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of revenue.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PercentageOfRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of revenue</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total income tax expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Effective Tax Rate, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Dividends, Per Share, Cash Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Ownership Percentage, Noncontrolling Owner</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of shares owned by Lennar</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CompensationRelatedCostsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Compensation Related Costs, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CompensationRelatedCostsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Stock-Based Compensation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupClassificationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Classification [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Income (Expense)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Income and Other Expense Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendsDeclaredButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Declared But Not Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendsDeclaredButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dividends declared but not paid.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendsDeclaredButNotPaid_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Dividends declared but not paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InterestReceivablePaidInKindForDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest receivable paid in kind for development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InterestReceivablePaidInKindForDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Interest receivable paid in kind for development loans.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InterestReceivablePaidInKindForDevelopmentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest receivable paid-in-kind for development loans</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashIncreaseInAdditionalPaidInCapitalSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Cash Increase In Additional Paid In Capital Spin Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashIncreaseInAdditionalPaidInCapitalSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non-cash increase in additional paid-in-capital, Spin-Off.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_NonCashIncreaseInAdditionalPaidInCapitalSpinOff_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-cash increase in additional paid-in-capital, Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted stock unit ("RSUs") granted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Shares granted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupDisposedOfByMeansOtherThanSaleNotDiscontinuedOperationsSpinoffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group, Disposed of by Means Other than Sale, Not Discontinued Operations, Spinoff [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisposalGroupDisposedOfByMeansOtherThanSaleNotDiscontinuedOperationsSpinoffMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Spin-Off</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoryPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Inventory, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InventoryPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Inventories</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Redemption, Period One [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt instrument, Redemption, Option One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Income Tax Expense (Benefit)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total deferred income tax expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsPaidToStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Dividend accrual rights paid to stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsPaidToStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividend Accrual Rights Paid To Stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsPaidToStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Dividend accrual rights paid to stockholders.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DividendAccrualRightsPaidToStockholders_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Dividend accrual rights paid to stockholders</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling, General and Administrative Expenses [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sales, General, and Administrative Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherCustomerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Customer [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherCustomerMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other Customers</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issued, Spin-Off, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Issuances of common stock</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteInventoryLandAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesite inventory land acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteInventoryLandAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesite Inventory Land Acquired</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteInventoryLandAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesite inventory land acquired.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessCombinationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInHomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments in homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInHomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in homesites under option contracts.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInHomesitesUnderOptionContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in homesites under option contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Earnings Per Share, Diluted, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted earnings per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetAcquisitionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset Acquisition [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupIncludingDiscontinuedOperationLand_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Including Discontinued Operation Land</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupIncludingDiscontinuedOperationLand_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disposal group including discontinued operation, land.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DisposalGroupIncludingDiscontinuedOperationLand_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Land assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financing Receivable, Credit Loss, Expense (Reversal)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Provision for credit loss expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProvisionForLoanLossesExpensed_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Adjustment: Provision for (benefit from) credit loss expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SixPointThreeSevenFivePercentageSeniorNotesDue2030Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Six Point Three Seven Five Percentage Senior Notes Due 2030 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SixPointThreeSevenFivePercentageSeniorNotesDue2030Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Six point three seven five percentage senior notes due 2030 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SixPointThreeSevenFivePercentageSeniorNotesDue2030Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">6.375% Senior Notes Due 2030</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Face Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt, aggregate principal amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total debt obligations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development Guarantee Holdback Liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development guarantee holdback liability.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development guarantee holdback liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentGuaranteeHoldbackLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Development guarantee holdback liability</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Options Held [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Option Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Development loan receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Development loan receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Development loan receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DevelopmentLoanReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Development loan receivables (gross)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Commitment amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Credit facility payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Business Combination [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DiscontinuedOperationEquityMethodInvestmentRetainedAfterDisposalOwnershipInterestAfterDisposal_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of ownership interest after disposal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DiscontinuedOperationEquityMethodInvestmentRetainedAfterDisposalOwnershipInterestAfterDisposal_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discontinued Operation, Equity Method Investment Retained after Disposal, Ownership Interest after Disposal</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DecreaseInDeferredTaxLiabilitiesNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Decrease In Deferred Tax Liabilities Non Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DecreaseInDeferredTaxLiabilitiesNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Decrease in deferred tax liabilities non cash.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DecreaseInDeferredTaxLiabilitiesNonCash_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Decrease in deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AgreementWithNewHomeCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Agreement with New Home Company [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AgreementWithNewHomeCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Agreement with new home company.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AgreementWithNewHomeCompanyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Agreement with New Home Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disposal Group Name [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInHomesitesUnderOptionContractsNetOfBuilderDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments in homesites under option contracts, net of builder deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInHomesitesUnderOptionContractsNetOfBuilderDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments in Homesites Under Option Contracts Net of Builder Deposits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_InvestmentsInHomesitesUnderOptionContractsNetOfBuilderDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in homesites under option contracts net of builder deposits.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock issued upon vesting of RSUs</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Income (Loss)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Income from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retained Earnings</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCountry_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Country</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Noncash Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Share-Based Payment Arrangement, Noncash Expense, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock-based compensation expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_Pre-SpinPredecessorsEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre-Spin Predecessors Equity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_Pre-SpinPredecessorsEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre-spin Predecessors Equity [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_Pre-SpinPredecessorsEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Pre-spin predecessors equity.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal payments due in 2027</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase Money Mortgages Repayments of Principal in Year Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInYearTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Purchase money mortgages repayments of principal in year two.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BasisOfPresentationAndSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basis of presentation and significant accounting policies [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BasisOfPresentationAndSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Basis of presentation and significant accounting policies.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash flows from financing activities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Seller notes payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Notes Payable, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollateralDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collateral Held [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unamortized debt issuance payments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unamortized debt issuance expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unamortized debt issuance cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SellingGeneralAndAdministrativeExpenseFromPreSpinPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling, General And Administrative Expense From Pre Spin Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SellingGeneralAndAdministrativeExpenseFromPreSpinPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Selling, General And Administrative Expense From Pre Spin Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_SellingGeneralAndAdministrativeExpenseFromPreSpinPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sales, general, and administrative expenses from pre-spin periods</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Income Tax Liabilities, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredIncomeTaxLiabilitiesNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred tax liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteTakedownsOptionsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Homesite takedowns, options exercised</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteTakedownsOptionsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Homesite Takedowns, Options exercised</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_HomesiteTakedownsOptionsExercised_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Homesite takedowns, Options exercised.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Nonoperating Income (Expense) [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other income (expense):</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockIssuedDuringPeriodSharesRetained_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock issued during period shares retained</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_StockIssuedDuringPeriodSharesRetained_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period shares retained.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentForExpensesFromPreSpinPeriods_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adjustment for expenses from pre spin periods.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_AdjustmentForExpensesFromPreSpinPeriods_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustment for expenses from pre-spin periods</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherDepositsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Other deposits, member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OtherDepositsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Deposits</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_BuilderDepositsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Builder deposits.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Denominator:</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Line of Credit Facility, Interest Rate Description</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_OptionFeeReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Option fee receivables.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherCurrentLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Current Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherCurrentLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Current Liabilities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DisaggregationOfRevenueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disaggregation of Revenue [Line Items]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_FinancingAndIssuanceCostPaymentsForDebtObligations_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Financing and issuance cost payments for debt obligations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Domain]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DelayedDrawTermLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Delayed draw term loan.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002017206_DelayedDrawTermLoan_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Delayed draw term loan</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommercialPaperMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commercial Paper [Member]</link:label>
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  <xsd:element id="ck0002017206_CommitmentsAndContingenciesDisclosureLineItems" name="CommitmentsAndContingenciesDisclosureLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_HomesiteInventoryLandAcquired" name="HomesiteInventoryLandAcquired" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_ExchangeOfferDescription" name="ExchangeOfferDescription" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_OptionFeeAndOtherRelatedReceivablesPolicyTrxtBlock" name="OptionFeeAndOtherRelatedReceivablesPolicyTrxtBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_ScheduleOfDevelopmentLoanReceivablesAndTheAssociatedAllowanceForCreditLossesTableTextBlock" name="ScheduleOfDevelopmentLoanReceivablesAndTheAssociatedAllowanceForCreditLossesTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_InvestmentsInHomesitesUnderOptionContracts" name="InvestmentsInHomesitesUnderOptionContracts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_DividendAccrualRightsPaidToStockholders" name="DividendAccrualRightsPaidToStockholders" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_EarningsPerShareLineItems" name="EarningsPerShareLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_BuilderDepositsAdditions" name="BuilderDepositsAdditions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_O2026Q2DividendsMember" name="O2026Q2DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_BuilderDepositsPolicyTextBlock" name="BuilderDepositsPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_HomesiteTakedownAdjustmentsMember" name="HomesiteTakedownAdjustmentsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DividendsDeclaredButNotPaid" name="DividendsDeclaredButNotPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_OtherDepositsMember" name="OtherDepositsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_LandDevelopmentCommitments" name="LandDevelopmentCommitments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_PercentageOfCommonSharesOutstanding" name="PercentageOfCommonSharesOutstanding" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_OtherPayablesMember" name="OtherPayablesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DescriptionOfBusinessLineItems" name="DescriptionOfBusinessLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DevelopmentLoanReceivablesPolicyTextBlock" name="DevelopmentLoanReceivablesPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_OptionDepositLiabilities" name="OptionDepositLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OptionFeeReceivablesMember" name="OptionFeeReceivablesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_MasterOptionAgreementMember" name="MasterOptionAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_OQ12025Member" name="OQ12025Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_CommitmentsRelatedToEarnestDepositsReceived" name="CommitmentsRelatedToEarnestDepositsReceived" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_DistributionInExcessOfNetIncome" name="DistributionInExcessOfNetIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_EarningsPerShareTable" name="EarningsPerShareTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_AdjustmentsToAdditionalPaidInCapitalContributionsFromSpin-Off" name="AdjustmentsToAdditionalPaidInCapitalContributionsFromSpin-Off" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_ProceedsFromRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings" name="ProceedsFromRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_OptionFeeIncome" name="OptionFeeIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_RCHHoldingsIncMember" name="RCHHoldingsIncMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DevelopmentLoanPrincipalReceivables" name="DevelopmentLoanPrincipalReceivables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_LennarClassACommonStockMember" name="LennarClassACommonStockMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_HomesiteTakedownsOptionsExercised" name="HomesiteTakedownsOptionsExercised" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_PaymentsForSpinOffDealCosts" name="PaymentsForSpinOffDealCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_PreSpin-OffLoss" name="PreSpin-OffLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_TwoThousandThirtyNotesMember" name="TwoThousandThirtyNotesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_TwoThousandTwentyFourIncentivePlanMember" name="TwoThousandTwentyFourIncentivePlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DevelopmentGuaranteeHoldbackLiabilityPolicyTextBlock" name="DevelopmentGuaranteeHoldbackLiabilityPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_OptionDepositNonCash" name="OptionDepositNonCash" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_NonCashIncreaseInAdditionalPaidInCapitalSpinOff" name="NonCashIncreaseInAdditionalPaidInCapitalSpinOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_TermLoanMember" name="TermLoanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_TakedownsOfHomesitesUnderOptionContractsNetOfBuilderDepositCredits" name="TakedownsOfHomesitesUnderOptionContractsNetOfBuilderDepositCredits" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OptionFeeRevenues" name="OptionFeeRevenues" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_PurchaseMoneyMortgagesAmount" name="PurchaseMoneyMortgagesAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_PaydownsOfDevelopmentLoans" name="PaydownsOfDevelopmentLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_LennarCorpMember" name="LennarCorpMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_InvestmentRealEstateDevelopmentLoans" name="InvestmentRealEstateDevelopmentLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_TakedownsOfHomesitesUnderOptionContracts" name="TakedownsOfHomesitesUnderOptionContracts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_DevelopmentGuaranteeHoldbackLiability" name="DevelopmentGuaranteeHoldbackLiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OptionContractToAcquireBusiness" name="OptionContractToAcquireBusiness" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_MillroseSpin-OffMember" name="MillroseSpin-OffMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_ScheduleOfDeferredTaxLiabilitiesTableTextBlock" name="ScheduleOfDeferredTaxLiabilitiesTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_OtherCurrentLiabilitiesPolicyTextBlock" name="OtherCurrentLiabilitiesPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_DeferredOptionFeeRevenueMember" name="DeferredOptionFeeRevenueMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_PredecessorMember" name="PredecessorMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DDTLCreditFacilityMember" name="DDTLCreditFacilityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_BuilderDepositsRauschLandAcquisition" name="BuilderDepositsRauschLandAcquisition" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OtherLiabilitiesTable" name="OtherLiabilitiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_PercentageOfTaxableIncome" name="PercentageOfTaxableIncome" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_LandBasisAdjustmentsSpinoffAndAcquiredRauschLandAssetsMember" name="LandBasisAdjustmentsSpinoffAndAcquiredRauschLandAssetsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_BuilderDepositsOtherAdditions" name="BuilderDepositsOtherAdditions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_PercentageOfTotalOptionFeeRevenue" name="PercentageOfTotalOptionFeeRevenue" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_CreditAgreementMember" name="CreditAgreementMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_PurchaseMoneyMortgagesRepaymentsOfPrincipalInYearTwo" name="PurchaseMoneyMortgagesRepaymentsOfPrincipalInYearTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_StockIssuedDuringPeriodValueRetained" name="StockIssuedDuringPeriodValueRetained" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_PercentageOfRevenue" name="PercentageOfRevenue" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_RepaymentsOfRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings" name="RepaymentsOfRevolvingCreditFacilityAndDelayedDrawTermLoanFacilityBorrowings" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_CommitmentsAndContingenciesDisclosureTable" name="CommitmentsAndContingenciesDisclosureTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_O2025Q1DividendMember" name="O2025Q1DividendMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_OptionFeeReceivablesPolicyTextBlock" name="OptionFeeReceivablesPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_BuilderDepositsSpin-Off" name="BuilderDepositsSpin-Off" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_NonCashImpactsOfRauschLandAcquisitionAbstract" name="NonCashImpactsOfRauschLandAcquisitionAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_NonCashImpactsOfCommonStockIssuedSpinOff" name="NonCashImpactsOfCommonStockIssuedSpinOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_DevelopmentLoanReceivablesNetPolicyTextBlock" name="DevelopmentLoanReceivablesNetPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_DevelopmentLoanReceivablesNet" name="DevelopmentLoanReceivablesNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_StockBasedCompensationExpense" name="StockBasedCompensationExpense" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_FinancingAndIssuanceCostPaymentsForDebtObligations" name="FinancingAndIssuanceCostPaymentsForDebtObligations" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OtherAssetsTable" name="OtherAssetsTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_AccruedIssuanceCosts" name="AccruedIssuanceCosts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_CashContributionFromLennarSpinOff" name="CashContributionFromLennarSpinOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_O2026Q1DividendsMember" name="O2026Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_PayDownsOfRealEstateDevelopmentLoans" name="PayDownsOfRealEstateDevelopmentLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_ReversalOfPreSpinEquity" name="ReversalOfPreSpinEquity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_HomesiteInventory" name="HomesiteInventory" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_NetAdjustmentsForExpensesFromPre-SpinPeriods" name="NetAdjustmentsForExpensesFromPre-SpinPeriods" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_OperatingInterestPaidReveivedInKind" name="OperatingInterestPaidReveivedInKind" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_DebtInstrumentMaturityYear" name="DebtInstrumentMaturityYear" type="xbrli:gYearItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_InterestReceivablePaidInKindForDevelopmentLoans" name="InterestReceivablePaidInKindForDevelopmentLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_LeverageRatioGreaterThanZeroPointThreeZeroToOneAndLessThanOrEqualToZeroPointFourZeroToOneMember" name="LeverageRatioGreaterThanZeroPointThreeZeroToOneAndLessThanOrEqualToZeroPointFourZeroToOneMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_InterestIncomeOnDevelopmentLoans" name="InterestIncomeOnDevelopmentLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_LiabilitiesForTransactionDealCostsAndSellerNotes" name="LiabilitiesForTransactionDealCostsAndSellerNotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OtherRelatedReceivablesMember" name="OtherRelatedReceivablesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_TwoThousandTwentyFourOmnibusIncentivePlanMember" name="TwoThousandTwentyFourOmnibusIncentivePlanMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_O2025Q1DividendsMember" name="O2025Q1DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_MillroseClassACommonStockMember" name="MillroseClassACommonStockMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_InvestmentsInDevelopmentLoans" name="InvestmentsInDevelopmentLoans" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_PostSpin-OffMember" name="PostSpin-OffMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_DisposalGroupPercentageOfOwnershipInterestSold" name="DisposalGroupPercentageOfOwnershipInterestSold" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_PercentageOfManagementFeePaid" name="PercentageOfManagementFeePaid" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_RauschLandAssetsMember" name="RauschLandAssetsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_AdjustmentForExpensesFromPreSpinPeriods" name="AdjustmentForExpensesFromPreSpinPeriods" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_AgreementWithNewHomeCompanyMember" name="AgreementWithNewHomeCompanyMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_BuilderDepositsLiability" name="BuilderDepositsLiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002017206_OtherLiabilitiesLineItems" name="OtherLiabilitiesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_OptionFeeReceivables" name="OptionFeeReceivables" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_RauschColemanHomesMember" name="RauschColemanHomesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_ReceivedSettlementOfOutstandingPrincipalAccruedInterestAndFeesRelatedToTheLoan" name="ReceivedSettlementOfOutstandingPrincipalAccruedInterestAndFeesRelatedToTheLoan" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_CommonStockClassAAndClassBMember" name="CommonStockClassAAndClassBMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_StockIssuedDuringPeriodSharesRetained" name="StockIssuedDuringPeriodSharesRetained" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_NumberOfAcquiredLandParcels" name="NumberOfAcquiredLandParcels" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002017206_ReversalOfPreSpinEquityAtSpinOff" name="ReversalOfPreSpinEquityAtSpinOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_SixPointTwoFiveZeroPercentageSeniorNotesDue2032Member" name="SixPointTwoFiveZeroPercentageSeniorNotesDue2032Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002017206_AdjustmentsToAdditionalPaidInCapitalDividendEquivalentRights" name="AdjustmentsToAdditionalPaidInCapitalDividendEquivalentRights" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002017206_RealEstateInvestmentTrustMember" name="RealEstateInvestmentTrustMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
</xsd:schema>
