With Capital Backing From China, Landsea Homes Grows U.S. Footprint
Builder Online
By Brian Croce
When John Ho was given direction to launch Landsea Homes the operation didn’t have so much as a company computer. It was 2013, and one of China’s largest home builders, Landsea Group, felt it was the opportune time to expand. Executives at the public company began examining the U.S. market in 2011 when the country was working its way out of the depths of the Great Recession. Ho, who worked for a real estate consulting firm in the U.S. before joining Landsea Homes, says the choice to open operations in the Western Hemisphere simply made sense.
About author
You might also like
Land Takes Primacy in Homebuilder M&A
While the majority of M&A targets are valued based on a projected stream of future cashflows, in homebuilder M&A, asset value – that is, land value – takes center stage.
543 new homes in Lake Forest: The builder’s story
Meet the chief of Landsea Homes, making its first mark in local homebuilding in the rugged foothills of Lake Forest.
Homebuilder Stock Buying Season
Just as there is seasonality with regard to home sales, with much of the annual activity occurring during the “spring” selling season (typically between after the Super Bowl through August),