Millrose Properties, whose spin-off from Lennar less than 18 months ago ushered in a modern era for residential development land-banking, is showing signs it is not an investment model entirely immune to a fitful homebuilding market, but is holding steady nevertheless. Millrose’s Q2 2026 earnings call, held on Tuesday, highlighted continued momentum, steady growth and a shrewd operator bucking this national trend. As in previous quarters, Millro…