Christopher Landsea

Landsea Homes Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024
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“Landsea Homes ended 2023 on a strong note, as the company posted healthy profits and a significant year-over-year increase in net new orders in the fourth quarter”, said John Ho, Landsea Homes’ Chief Executive Officer.

Key Points: 
  • “Landsea Homes ended 2023 on a strong note, as the company posted healthy profits and a significant year-over-year increase in net new orders in the fourth quarter”, said John Ho, Landsea Homes’ Chief Executive Officer.
  • Total homes delivered decreased 6% to 664 homes at an average sales price of $572,000 compared to 703 homes at an average sales price of $594,000 in the fourth quarter of 2022.
  • Home sales gross margin was 15.9% in the fourth quarter of 2023, compared to 19.0% in the prior year period.
  • As a result, I am very optimistic about the future of Landsea Homes.”
    The Company will hold a conference call today at 10:00 a.m. Eastern Time to discuss its fourth quarter 2023 results.

LANDSEA HOMES ENTERS COLORADO HOUSING MARKET

Retrieved on: 
Thursday, October 19, 2023
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DALLAS, Oct. 19, 2023 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that the Company is expanding into the Colorado housing market through the acquisition of the assets and lot inventory of Richfield Homes.

Key Points: 
  • DALLAS, Oct. 19, 2023 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that the Company is expanding into the Colorado housing market through the acquisition of the assets and lot inventory of Richfield Homes.
  • Veteran Colorado homebuilding executive Lisa Wiebelhaus has been named President of the new Landsea Homes Colorado division.
  • She joins Landsea Homes after working with Richfield Homes for more than seven years, most recently serving as Managing Partner.
  • Colorado becomes the seventh homebuilding market for Landsea Homes, including Arizona, Florida, New York Metro, Northern California, Southern California and Texas.

LANDSEA HOMES INTRODUCES 'SMART HOME ACTIVATION' SERVICE TO HOMEOWNERS WITH BEST BUY

Retrieved on: 
Monday, June 26, 2023
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DALLAS, June 26, 2023 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder is now providing one-of-a-kind smart home activation service and assistance for homeowners to make the most of their connected home with the help of Best Buy Geek Squad experts as part of its High Performance Home program.

Key Points: 
  • "Landsea Homes has come to be nationally recognized for our responsibly designed High Performance Homes.
  • This relationship with Best Buy allows us to continue setting the standard for innovative building technology while providing a living experience that enhances the lives of our homeowners," said Mike Forsum, president and COO of Landsea Homes.
  • This is just another way we can offer our homeowners a great experience with Landsea Homes," added Forsum.
  • Homeowners in all Landsea Homes markets, including Arizona, Florida, Northern and Southern California, and Texas will be able to utilize the smart home activation service.

Landsea Homes Announces William Forge as New vice President of Homebuilding Operations in Florida

Retrieved on: 
Tuesday, July 27, 2021
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NEWPORT BEACH, Calif., July 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that William "Billy" Forge will serve as Vice President of Homebuilding Operations for the Company's Florida Division.

Key Points: 
  • NEWPORT BEACH, Calif., July 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that William "Billy" Forge will serve as Vice President of Homebuilding Operations for the Company's Florida Division.
  • Since 2018, Forge has been an important part of the Landsea Homes team.
  • "I'm looking forward to helping Landsea Homes continue to grow and bring our innovative, technology-forward and sustainable homes to Florida," Forge said.
  • Prior to joining Landsea Homes, Forge was a construction manager and superintendent for Toll Brothers, Richmond American Homes and Lennar, honing his homebuilding skills.

Landsea Homes Sets Second Quarter 2021 Conference Call for Friday, August 6, 2021, at 10:00 a.m. ET

Retrieved on: 
Friday, July 23, 2021
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The company will report its financial results in a press release prior to the conference call.

Key Points: 
  • The company will report its financial results in a press release prior to the conference call.
  • Landsea Homes management will host the conference call, followed by a question-and-answer session.
  • Please call the conference telephone number 5-10 minutes prior to the start time.
  • Driven by a pioneering commitment to sustainability, Landsea Homes' High Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple.

Landsea Homes Opens For Sale In North Central Phoenix

Retrieved on: 
Thursday, July 8, 2021
Christopher Landsea, Phoenix, Arizona, Downtown Phoenix, Geography of Arizona

PHOENIX, July 8, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that homes will open for sale in North Central Phoenix, Arizona beginning Saturday, July 17th.

Key Points: 
  • PHOENIX, July 8, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that homes will open for sale in North Central Phoenix, Arizona beginning Saturday, July 17th.
  • In advance of the first sales release, Landsea Homes will also be hosting an informative webinar on Saturday, July 10th for those who pre-register.
  • Madison Square and 14th at Town & Country are located in North Central Phoenix, Arizona.
  • Driven by a pioneering commitment to sustainability, Landsea Homes' High Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple.

Landsea Homes Closes on 108 New Homesites at Eagle Crest in Grant-Valkaria, Florida

Retrieved on: 
Monday, May 17, 2021
Grant-Valkaria, Florida, Brevard County, Florida, Christopher Landsea, Geography of Florida, Florida

b'GRANT-VALKARIA, Fla., May 17, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 108 new homesites in the Eagle Crest gated community located in Grant-Valkaria, Florida.\n"Landsea Homes is very excited to expand our homebuying offerings so soon after entering the Florida market," said Jed Lowry, Corporate Vice President, Florida and NYC Metro Divisions of Landsea Homes.

Key Points: 
  • b'GRANT-VALKARIA, Fla., May 17, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 108 new homesites in the Eagle Crest gated community located in Grant-Valkaria, Florida.\n"Landsea Homes is very excited to expand our homebuying offerings so soon after entering the Florida market," said Jed Lowry, Corporate Vice President, Florida and NYC Metro Divisions of Landsea Homes.
  • "Eagle Crest provides Landsea Homes with a great opportunity to bring our high quality, modern homes to potential buyers in Brevard County.
  • "\nEagle Crest will offer single-family homes on oversized lots ranging from acre to 1 acre that back up to a conservation area and water in a beautiful natural setting.
  • Homebuyers enjoy the confidence of owning a quality home that provides lasting value.

Landsea Homes To Expand Into Florida And Texas Housing Markets With Agreement To Acquire Vintage Estate Homes

Retrieved on: 
Tuesday, April 27, 2021
Christopher Landsea, Real estate economics, Real estate, Economic taxonomy

b'NEWPORT BEACH, Calif., April 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today it has entered into a definitive agreement to acquire Vintage Estate Homes, a Florida-based homebuilder with communities in Florida and Texas.This transaction, once completed, would mark Landsea Homes\' entry into the Florida and Texas housing markets.\nFounded in 2012, Vintage Estate Homes has always had the goal of constructing superior homes at best-in-class value, with premium building materials and an exquisite attention to detail.Over the past several decades, Vintage Estate Homes, through its commitment to those goals, has earned a reputation for outstanding design and for building lasting relationships with their customers.Vintage Estate Homes currently has new home communities across several high-growth real estate markets in Florida, including Orlando, Palm Bay and Melbourne, as well as Texas, including Austin and San Antonio.Upon the closing of this transaction, Vintage Estate Homes employees are expected to transition and become part of the Landsea Homes team.Builder Advisor Group represented Vintage Estate Homes as its broker in this transaction.\nLandsea Homes intends to purchase Vintage Estate Homes for $54.6 million in cash.

Key Points: 
  • b'NEWPORT BEACH, Calif., April 27, 2021 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today it has entered into a definitive agreement to acquire Vintage Estate Homes, a Florida-based homebuilder with communities in Florida and Texas.This transaction, once completed, would mark Landsea Homes\' entry into the Florida and Texas housing markets.\nFounded in 2012, Vintage Estate Homes has always had the goal of constructing superior homes at best-in-class value, with premium building materials and an exquisite attention to detail.Over the past several decades, Vintage Estate Homes, through its commitment to those goals, has earned a reputation for outstanding design and for building lasting relationships with their customers.Vintage Estate Homes currently has new home communities across several high-growth real estate markets in Florida, including Orlando, Palm Bay and Melbourne, as well as Texas, including Austin and San Antonio.Upon the closing of this transaction, Vintage Estate Homes employees are expected to transition and become part of the Landsea Homes team.Builder Advisor Group represented Vintage Estate Homes as its broker in this transaction.\nLandsea Homes intends to purchase Vintage Estate Homes for $54.6 million in cash.
  • This transaction is expected to close in early May, subject to the satisfaction of certain customary closing conditions.\n"Since late last year, we have been looking for an ideal opportunity for us to expand into the Florida and Texas markets, and we are pleased to achieve that with the addition of Vintage Estate Homes," said John Ho, Chief Executive Officer of Landsea Homes.
  • Homebuyers enjoy the confidence of owning a quality home that provides lasting value.
  • We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.\n'

Landsea Homes Plans To Build 65 New Homes In Anaheim

Retrieved on: 
Tuesday, April 20, 2021
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b'ANAHEIM, Calif., April 20, 2021 /PRNewswire/ -- Landsea Homes Corporation (NASDAQ: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today announced that it plans on building 65 homes for a new community called Nolin in Anaheim, CA.

Key Points: 
  • b'ANAHEIM, Calif., April 20, 2021 /PRNewswire/ -- Landsea Homes Corporation (NASDAQ: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today announced that it plans on building 65 homes for a new community called Nolin in Anaheim, CA.
  • Residents will also enjoy common area amenities, including a passive park and playground.
  • Each home will feature gourmet kitchens with abundant counter space and modern appliances, outdoor balconies and primary bedrooms with large walk-in closets.\n"We\'re very excited about the opportunity to build these new homes, and we\'re looking forward to bringing this unique product type to Anaheim, which is a new city for Landsea Homes," said Tom Baine, Southern California Division President, Landsea Homes.
  • "\nAnaheim is the largest city in Orange County, known for being the home of the Disneyland Resort, the Anaheim Convention Center, and two major sports teams: the Anaheim Ducks professional ice hockey club and the Los Angeles Angels of Anaheim professional baseball team.

Landsea Homes Sets Fourth Quarter and Full Year 2020 Conference Call for Thursday, March 11, 2021, at 5:00 p.m. ET

Retrieved on: 
Thursday, March 4, 2021
Conference call, Christopher Landsea

The company will report its financial results in a press release prior to the conference call.

Key Points: 
  • The company will report its financial results in a press release prior to the conference call.
  • Landsea Homes management will host the conference call, followed by a question-and-answer session.
  • Please call the conference telephone number 5-10 minutes prior to the start time.
  • If you have any difficulty connecting with the conference call, please contact Gateway Investor Relations at 1-949-574-3860.