LandSea Homes Investor Presentation
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LANDSEA SNAPSHOT
Overview
Landsea was founded in 2013 and commenced U.S.
homebuilding operations in 2014
Headquartered in Newport Beach, CA
Growth-oriented homebuilder focused on entry-level
and move-up price points in desirable U.S. markets
with a concentration in Arizona and California
Completed acquisitions of Pinnacle West Homes in
2019 and Garrett Walker Homes in 2020
The High Performance Homes program, developed by
Landsea Homes, is an industry-leading program that
provides homebuyers with focus on home automation,
sustainability and energy savings
HPH
High Performance
Homes
TM
Unique product differentiation strategy through
new home innovation and cutting-edge
technology, including a strategic partnership
with a "Big Five" technology company.
Source: Landsea Homes Management
Q2 - 2020 Operating Highlights
Operating Metrics
1,302
LTM Orders
856
Backlog Units
Financial Metrics
$641m
LTM Revenues
CA
35
Active Communities
$376m
Backlog Value
20%
LTM Adj. Homebuilding GM %
AZ
932
LTM Deliveries
$440k
Backlog ASP
$56 m
LTM Adjusted EBITDA
NY
NJ
$660k
ASP of Deliveries
5,394
Lots Owned & Controlled
$907m
Total Assets
LANDSEAⓇ
HOMES
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