Problem with automatic paragraph tag

I’m beating my head against a wall trying to figure out what this isn’t displaying properly. I have a loop for posts to appear on my home page that looks like this:

<?php $recent = new WP_Query("cat=1&showposts=3"); while($recent->have_posts()) : $recent->the_post();?>
	<div class="homePost">
		<div class="postTN"><?php if (class_exists('MultiPostThumbnails')
			&& MultiPostThumbnails::has_post_thumbnail('post', 'secondary-image')) :
				MultiPostThumbnails::the_post_thumbnail('post', 'secondary-image'); endif; ?></div>
		<a href="<?php the_permalink(); ?>"><h3><?php the_title(); ?></h3></a>
		<?php the_excerpt(); ?>
	</div>
<?php endwhile; ?>

WordPress, by default is putting the excerpt into a paragraph tag which for some unknown reason is kicking the paragraph down below the photo which is aligned left. Here’s the site:
https://www.gunsandammo.info/

Any suggestions?