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Landsea Homes Corporation - LSEA STOCK NEWS

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.

News

Landsea Homes Announces Pricing of Private Offering of Senior Notes

Rhea-AI Summary
Landsea Homes (LSEA) priced its offering of $300,000,000 of 8.875% Senior Notes due 2029, with settlement expected around April 1, 2024. The net proceeds will be used to pay down outstanding borrowings under its revolving credit facility. The Notes are offered to qualified institutional buyers and non-U.S. persons under specific regulations.
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Landsea Homes Announces Commencement of Private Offering of Senior Notes

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Landsea Homes (LSEA) plans to offer $300 million senior notes due 2029 to pay down outstanding borrowings under its revolving credit facility. The Notes will be guaranteed by material wholly owned subsidiaries, targeting qualified institutional buyers and non-U.S. persons.
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Landsea Homes Announces Closing of Secondary Common Stock Offering

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Landsea Homes Corporation (LSEA) closes underwritten secondary offering, selling 2,434,783 shares at $11.60 per share. Largest stockholder no longer owns majority stake. Company no longer a 'controlled company' under Nasdaq listing standards.
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LANDSEA HOMES BEGINS DEVELOPMENT ON NEW COMMUNITY IN KYLE, TEXAS

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Landsea Homes Corporation (Nasdaq: LSEA) announced the development of Parkton Square, a community of 210 high-performance homes in Kyle, Texas. The homes will offer luxurious features, green spaces, and proximity to schools and parks, targeting homebuyers seeking a quality lifestyle. The community is strategically located near Austin, attracting residents with affordable housing options and convenient access to amenities.
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Landsea Homes Announces Pricing of Secondary Common Stock Offering

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Landsea Homes Corporation (LSEA) announces the pricing of a secondary offering by its largest stockholder, Landsea Holdings Corporation, of 2,434,783 shares of common stock at $11.60 per share. The offering is expected to close on March 8, 2024. The Company is not offering any shares in the offering and will not receive proceeds from the sale. Certain members of the senior management team and board of directors will purchase shares at the offering price.
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Landsea Homes Announces Secondary Common Stock Offering

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Landsea Homes Corporation (LSEA) announces a secondary offering of 2,434,783 shares by its largest stockholder, Landsea Holdings Corporation, with potential additional shares. The underwriters have a 30-day option to purchase more shares. The Company's senior management team, board of directors, and Chairman's family member plan to buy $867,000 worth of shares at the offering price. The Offering is not by the Company itself, and it will not receive any proceeds from the sale. The Offering is made under a shelf registration statement on Form S-3 filed with the SEC.
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Landsea Homes Reports Fourth Quarter and Full Year 2023 Results

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Landsea Homes Corporation (LSEA) reported strong financial results for the fourth quarter and full year 2023, with a 352% increase in net new home orders, total revenue of $1.21 billion, and net income of $29.2 million for the year. The company entered the Colorado market and saw an 11.4% increase in year-end book value per share.
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Landsea Homes Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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Landsea Homes Corporation (Nasdaq: LSEA) will release its Q4 2023 results on February 29, 2024, followed by a conference call to discuss financial results and conduct a Q&A session. The call will be broadcast live on the company's website.
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LANDSEA HOMES EXPANDS PRESENCE AT VICTORY AT VERRADO 55+ COMMUNITY IN ARIZONA; CLOSES ON 145 NEW HOMESITES

Rhea-AI Summary
Landsea Homes Corporation (Nasdaq: LSEA) has closed on 145 new homesites in Victory at Verrado, a 55+ active adult neighborhood in Buckeye, Arizona. The new homes will be an extension of Landsea Homes' existing Skye Ridge at Victory neighborhood, offering single-family and duplex home floorplans. The community provides resort-style amenities and a scenic mountain setting, with prices anticipated to start in the upper-$300ks. The company aims to cater to the active adult community seeking an enriched quality of life in a beautiful neighborhood.
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LANDSEA HOMES ACQUIRES 45 FINISHED HOMESITES, EXPANDING TEXAS PORTFOLIO

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Landsea Homes Corporation (Nasdaq: LSEA) has announced the purchase of 45 finished homesites at the Village at Manor Commons in Manor, Texas. The new community will consist of 45 single-family homes offering seven different floorplans, with options for three to four bedrooms, and will range from approximately 1,400 to 2,400 square feet. Prices are anticipated to begin in the low-$300ks. Landsea Homes' expansion in Texas is driven by the growing number of young professionals moving out of rentals and buying homes in their communities due to their attainability and prime location. The greater Austin market is one of the fastest growing new home markets in the country, making it an attractive area for new homebuyers.
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FAQ

What is the current stock price of Landsea Homes Corporation (LSEA)?

The current stock price of Landsea Homes Corporation (LSEA) is $8.75 as of January 30, 2025.

What is the market cap of Landsea Homes Corporation (LSEA)?

The market cap of Landsea Homes Corporation (LSEA) is approximately 316.4M.

What kind of homes does Landsea Homes build?

Landsea Homes builds suburban single-family detached and attached homes, mid-and high-rise properties, and sustainable master-planned communities.

What recent acquisition did Landsea Homes complete?

Landsea Homes recently acquired Antares Homes, a Dallas-Fort Worth based homebuilder, for approximately $242.5 million.

In which regions does Landsea Homes operate?

Landsea Homes operates in Arizona, California, Florida, Metro New York, and Texas, among other sought-after markets.

What are High Performance Homes?

High Performance Homes by Landsea Homes feature advanced home automation technology, energy-saving systems, and are designed for healthier, more comfortable living.

What sustainable practices does Landsea Homes incorporate?

Landsea Homes integrates eco-friendly construction, energy conservation techniques, and utilizes smart home automation technology to promote sustainability.

Who is the President of Landsea Homes' new Dallas-Fort Worth Division?

Melissa Kelly has been named President of Landsea Homes' new Dallas-Fort Worth Division.

What amenities are offered at the Wildera master-planned community?

Wildera features amenities such as parks, aquatic centers, picnic areas, and smart home automation technology.

How does Landsea Homes ensure energy efficiency in its homes?

Landsea Homes ensures energy efficiency through innovations like smart thermostats, energy-efficient systems, and home automation supported by Apple HomeKit™.

Where can I find more information about Landsea Homes?

For more information, visit Landsea Homes' official website at Landsea Homes.

What is the significance of Landsea Homes' commitment to sustainability?

Landsea Homes' commitment to sustainability ensures reduced environmental impact, cost savings for homeowners, and healthier living environments.
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Landsea Homes Corporation

Nasdaq:LSEA

LSEA Rankings

#3535 Ranked by Market Cap
N/A Ranked by Dividends

LSEA Stock Data

316.39M
23.34M
32.39%
53.59%
2.55%
Real Estate - Development
Operative Builders
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United States of America
DALLAS