JOHN HO
CEO, LANDSEA HOMES CORP.
WHY: Landsea Homes Corp., which recently relocated its headquarters from Newport Beach to Dallas, paid $52M for a pair of retail properties in Huntington Beach, with plans to convert both parcels into a residential neighborhood.
IN THE NEWS: The homebuilder has already started work on the project, which would bring 129 townhomes to 6.3 acres of land at 7225 and 7227 Edinger Ave. The two retail buildings, spanning 109,348 square feet, have already been demolished.
NOTABLE: Essex + Gage, as the project is called, is Landsea’s first land purchase in Huntington Beach.
