Millrose Properties Commits $700M to Acquire Landsea Homesites with New Home Company
May 14, 2025
Millrose Properties agreed to provide a $700 million commitment to acquire a portfolio of homesites in partnership with New Home Company to support New Home's acquisition of Landsea Homes Corporation. The deal will enable development and delivery of those homesites to New Home over time under Millrose's Homesite Option Purchase Platform.
- Buyers
- Millrose Properties, Inc., New Home Company
- Targets
- Portfolio of homesites associated with Landsea Homes Corporation
- Sellers
- Landsea Homes Corporation
- Platforms
- New Home Company
- Industry
- Real Estate
- Location
- United States
- Transaction Type
- Addon
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