Landsea Homes eyes Orlando as base of operations. | Real Estate

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Landsea Homes eyes Orlando as base of operations.

Exclusive: Landsea Homes eyes Orlando as base of operations for future East Coast expansion. The Newport Beach, California-based homebuilder's recent $179.3 million purchase of Orlando-based Hanover Family Builders establishes a "beachhead" for Landsea. It's still unclear where "potentially beyond" may be, but a homebuilder interested in scooping up land for more homes should head south toward Davenport and north toward Ocala and Gainesville. Further growth in the market by Landsea would mean new home construction, which is important for Central Florida for a couple reasons. First, construction activity generates jobs and subcontractor opportunities for local businesses. Second, new homes are in high demand amid a historic seller’s market in Central Florida.

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