Welcome to our dedicated page for Landsea Homes Corporation news (Ticker: LSEA), a resource for investors and traders seeking the latest updates and insights on Landsea Homes Corporation stock.
Landsea Homes Corporation (Nasdaq: LSEA) stands as a premier residential homebuilder based in Dallas, Texas, renowned for designing and constructing exceptional homes and sustainable master-planned communities across some of the nation's most desirable markets. Since its inception in 2001, Landsea Homes has dedicated itself to crafting homes of unparalleled quality, comfort, and service, emphasizing eco-friendly construction and energy conservation.
Landsea Homes operates in prominent regions such as Arizona, California, Florida, Metro New York, and Texas, with a significant portion of its revenue being derived from home sales in Florida. The company’s expertise spans the development of suburban, single-family detached and attached homes, mid-and high-rise properties, and comprehensive master-planned communities.
Recently, Landsea Homes completed a landmark acquisition of Antares Homes, a Dallas-Fort Worth based homebuilder, significantly expanding its presence in Texas. This strategic move is part of the company's broader goal to become one of the leading homebuilders in the state. Additionally, the company announced the appointment of Melissa Kelly as President of the newly formed Dallas-Fort Worth Division, underscoring its commitment to the region.
Similarly, Landsea Homes has embarked on exciting projects in Arizona with the Wildera master-planned community in San Tan Valley. The development features a variety of single-family homes designed with modern architecture, promoting active lifestyles. The community offers an array of amenities, including parks, aquatic centers, and smart home automation technology supported by Apple HomeKit™.
Grounded in sustainability and innovation, Landsea Homes’ High Performance Homes are built with advanced home automation and energy-saving technologies, ensuring healthier and more comfortable living environments. These homes feature smart technology such as Apple® HomePod mini™, thermostat control, and energy-efficient systems that reduce both costs and environmental impact.
With a veteran team boasting worldwide experience and deep local expertise, Landsea Homes continues to enhance the lives of homebuyers, employees, and stakeholders through an unwavering dedication to quality and sustainability. For more information, visit Landsea Homes.
Landsea Homes Corporation (Nasdaq: LSEA) announced the acquisition of 68 new homesites at Country Club Estates in Palm Bay, Florida, expanding its existing 131 homes. This move aims to capitalize on the strong demand since the community's opening in 2018, offering attainably priced homes with various floorplans and sustainable technologies. The development, known for its lush oak trees, provides easy access to major highways and is positioned in a thriving market supported by the aerospace industry. Palm Bay, Florida's largest city in Brevard County, boasts a population exceeding 111,000.
Landsea Homes Corporation (Nasdaq: LSEA) has appointed William "Billy" Forge as Vice President of Homebuilding Operations for Florida. Forge, a key member of the mergers and acquisitions team, will leverage his experience in homebuilding operations to enhance the company's growth in the Florida market, which is vital to Landsea's portfolio. He previously directed Corporate Homebuilding Operations, focusing on sustainability and innovative home designs. Since entering Florida in May, Landsea Homes is developing communities in several cities, including Orlando and Jacksonville.
Landsea Homes Corporation (Nasdaq: LSEA) will hold a conference call on August 6, 2021, at 10:00 a.m. Eastern time to discuss its second-quarter financial results for the period ending June 30, 2021. The company plans to release its financial results prior to the call. Interested parties can join by calling the toll-free number 1-833-672-0663. A replay will be available after 1:00 p.m. Eastern time on the same day until August 13, 2021. Landsea Homes designs and builds sustainable homes across desirable U.S. markets, enhancing living quality through innovative features.
Landsea Homes Corporation (Nasdaq: LSEA) announced that homes will be available for sale in North Central Phoenix, Arizona, starting July 17, 2021. The new Madison Square community features 40 single-family homes, with an additional 13 homes at the nearby 14th at Town & Country. Prices begin in the $690k's, with four floorplans ranging from 2,068 to 2,707 square feet. Homes include the REME HALO® air purification system for enhanced indoor air quality. An informative webinar will be held on July 10 for prospective buyers.
On June 28, 2021, Landsea Homes Corporation (Nasdaq: LSEA) announced the acquisition of 616 homesites at Citrus Park in Goodyear, Arizona, marking its largest homesite acquisition in the state. This includes a new collection of High Performance Homes with court-style and traditional designs, alongside over 45 acres of open space and a five-acre park featuring various amenities. Construction is set to commence in summer 2022, with sales starting in fall 2022. This move further solidifies Landsea's presence in the Arizona market.
Landsea Homes Corporation (Nasdaq: LSEA) has acquired 247 homesites at Bentridge in Buckeye, Arizona, aimed primarily at first-time homebuyers. The project will feature single-level and two-story homes, with 14 different floorplans, preserving over 30 acres of open space. Construction is expected to start in 2022, with sales beginning in fall 2022. This acquisition follows another purchase of 193 homesites at North Copper Canyon, solidifying Landsea's presence in Arizona's housing market.
Landsea Homes Corporation (LSEA) will join the Russell 3000 Index after the annual reconstitution on June 28, 2021. This membership signifies inclusion in both the Russell 1000 and Russell 2000 indexes, enhancing Landsea's visibility among investors. CEO John Ho highlighted the company’s ongoing growth since its public debut, reinforced by strong financial results and market expansions, including entries into Florida and Texas. The Russell Indexes are utilized by institutional investors managing approximately $10.6 trillion in assets, which could further attract investment in Landsea Homes.
Landsea Homes Corporation (Nasdaq: LSEA) has announced the acquisition of 193 homesites at North Copper Canyon in Surprise, Arizona. With 627 homes sold since 2018, the demand for their homes in this submarket is high. These new sites will feature one- and two-story single-family homes with 14 different floor plans, accommodating up to five bedrooms and five-car garages. Sales are projected to start in spring 2022. The company also previously acquired 476 homes at Sunrise Ranch, with sales expected this summer.
Landsea Homes Corporation (Nasdaq: LSEA) announced the acquisition of 108 new homesites in the Eagle Crest community, Grant-Valkaria, Florida. This expansion follows their recent entry into the Florida market and aims to enhance homebuying options in Brevard County. The Eagle Crest development will feature single-family homes on large lots, with available floorplans offering up to four bedrooms. Construction is set to begin in December 2021, with sales expected to start later this year. Landsea continues its growth trajectory in Florida with this strategic move.
Landsea Homes Corporation (Nasdaq: LSEA) announced the acquisition of 182 homesites in Alameda Marina, California, part of a mixed-use redevelopment. This project will include two neighborhoods: Island View with 98 homes and Waterside with 84 homes, featuring various floor plans and waterfront views. Sales are set to start in summer 2022, with 15% of homes designated for affordable housing. The initiative aligns with the City of Alameda's plans to revitalize its Northern Waterfront to enhance the community and support sustainable living.
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