Chinese Developer, Landsea, Makes Splash in Orange County
Landsea Group of Nanjing, through its US subsidiary, Landsea Holdings Corp., closed on the Portola Center South project in Lake Forest. The project will consist of 569 homes at build-out on 95.5 acres. The transaction was completed “off-market” and sold to Landsea by SunRanch Capital Partners, a joint venture between Baldwin and Sons and Sunrise Co. Portola Center South represents Landsea’s fifth development in the United States market.
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