LandSea Homes Investor Presentation
21
PROVEN ACQUISITION PLAYBOOK
WITH EXPANSION INTO ARIZONA
Entered the Arizona
market with two
acquisitions in the
last 12 months
Created a top 5 homebuilder in
Arizona, as of YTD April 2020,
with over 1,200 deliveries in 2020
Provides significant diversification
outside the California market
Gives Landsea land positions
within best-selling master-planned
communities and lots that are
complementary to current portfolio
PINNACLE WEST HOMES
ELEVATE YOUR LIFE
(Acquired in June 2019)
$49m
2018 Revenue
16
Owned/Controlled
Communities
Source: Landsea Homes Management Notes: 1) Excludes an estimated 5% of selling costs.
180
2018 Homes Delivered
26%
2018 Adj. Homebuilding
Gross Margin
GARRETT-WALKER
HOMES
(Acquired in January 2020)
$137m
2019 Revenue
18
Owned/Controlled
Communities
510
2019 Homes Delivered
24%¹
2019 Adj. Homebuilding
Gross Margin
LANDSEAⓇ®
HOMES
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