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
Standard Pacific Turns 50
Local heavyweight Standard Pacific is celebrating 50 years in the homebuilding business. In this article from Builder Magazine, the Orange County-based builder is profiled with a look at its major
CalAtlantic Beats Estimates
CalAtlantic Group, Inc. (NYSE: CAA) on Wednesday after market close announced net income of $167.0 million, or $1.25 per diluted share, for the fourth quarter ended Dec. 31, 2016., compared
Leader of the Pack
Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it
