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LOCAL HOMEBUILDING VETERAN STEWART PARKER NAMED PRESIDENT OF LANDSEA HOMES' DALLAS-FORT WORTH DIVISION

1. LSEA names DFW veteran Stewart Parker as President of its Texas division. 2. Parker brings over 30 years' experience and has built 50,000+ homes. 3. His leadership may accelerate growth in Texas markets and operational efficiency. 4. The appointment supports LSEA’s strategic expansion post-Antares Homes acquisition.

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Why Bullish?

The appointment of a seasoned leader like Parker often boosts market confidence. Similar shifts in homebuilding companies have historically led to increased investor sentiment and share price gains.

How important is it?

A proven leader in a key market strengthens LSEA's growth potential, positively affecting investor outlook and long-run performance.

Why Long Term?

Leadership changes typically influence strategic growth and market expansion over several years, as seen with peers like Lennar.

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NVRDHILEN
Brings three decades of successful homebuilding leadership experience in DFW , /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, has named local homebuilding veteran Stewart Parker as the new President of the company's Dallas-Fort Worth Division. "Stewart's more than three decades of successful senior executive homebuilding leadership experience in the Dallas-Fort Worth market and beyond will be invaluable as we continue to grow this important division of our company," said Mike Forsum, president and chief operating officer, Landsea Homes. "In addition to building more than 50,000 homes over the course of his career, his expertise will help guide our Dallas-Fort Worth team as they create high quality and attainably priced homes for our homebuyers." Parker joins Landsea Homes after serving as the National Vice President of Homebuilding Operations for Homebound, a residential and commercial construction company. There, he grew homebuilding operations by ten-fold based on revenue and volume, started five new major markets across three states, and oversaw disaster relief projects in Colorado and Florida. He began his career in Dallas, as a Warranty Manager for a major public homebuilder, and for more than 25 years has held senior management positions with national homebuilding companies. He has been responsible for the construction of more than 50,000 homes over the course of his career and has helped homebuilders increase their footprints in the Dallas/Fort Worth market.  "The opportunity to join one of the most innovative and forward-thinking public homebuilding companies in the nation, Landsea Homes, and lead their Texas divisions is a dream come true for me," said Parker. "I've been fortunate to build a large number of homes in the states and am looking forward to guiding our outstanding team as we strive to become one of the top public homebuilders in Texas."  Landsea Homes entered the Texas market in 2021 and moved its corporate headquarters to Dallas in 2023. The company's Dallas-Fort Worth Division was created when Landsea Homes acquired Antares Homes last year, and is currently selling homes in 24 communities in the Dallas-Fort Worth and Austin regions. For more information about Landsea Homes Texas, visit: https://landseahomes.com/texas/.  About Landsea Homes Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Dallas, Texas that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Colorado, Florida, Texas and throughout California in Silicon Valley, Los Angeles and Orange County. Landsea Homes was named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, in recognition of a historical year of transformation.  An award-winning homebuilder that builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities, Landsea Homes is known for creating inspired places that reflect modern living and provides homebuyers the opportunity to "Live in Your Element." Our homes allow people to live where they want to live, how they want to live – in a home created especially for them. Driven by a pioneering commitment to sustainability, Landsea Homes' High Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple®. Homes include features that make life easier and provide energy savings that allow for more comfortable living at a lower cost through sustainability features that contribute to healthier living for both homeowners and the planet.  Led by a veteran team of industry professionals who boast years of worldwide experience and deep local expertise, Landsea Homes is committed to positively enhancing the lives of our homebuyers, employees and stakeholders by creating an unparalleled lifestyle experience that is unmatched. For more information on Landsea Homes, visit: www.landseahomes.com. SOURCE Landsea Homes WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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