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.

Read More

Previous Pardee Homes Inland Empire Looks to Make Splash with 55+ Development
Next Century Communities Brings Next Generation Quality to Southern California

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Todd Palmaer Named CEO and President of RSI Communities

Industry veteran, Todd Palmaer, who recently served as a Regional President for Standard Pacific Homes, has been named as the CEO and President of RSI Communities based out of Newport

People

KB Home to Cut C.E.O.’s Bonus After His Rant Against Kathy Griffin

Jeffrey Mezger, chief executive of the homebuilder KB Home, will take a 25 percent cut to his year-end bonus as a result of his sexist and homophobic outburst against his neighbor, the comedian Kathy Griffin, the company said Thursday.

Deals

RSI Communities Buys Beaumont Site

Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood. RSI