Latest news with #LandseaHomes
Los Angeles Times
11-07-2025
- Business
- Los Angeles Times
12 Essential Smart Home Innovations Redefining Luxury Living
LA Times Studios may earn commission from purchases made through our links. Luxury, once a synonym for extravagance, is being quietly rewritten. In today's most coveted homes, the magic is in what you don't see: integrated tech, invisible comfort, and materials that work smarter. The new gold standard isn't what you can show off, but how your home supports and adapts to the life you actually live. Welcome to the era of the high-performance smart home. Homes are no longer relying on single-use gadgets or novelty light bulbs. Instead, truly integrated platforms like Ecobee quietly orchestrate everything from temperature to indoor air quality and even daily routines. These systems learn your patterns, like when you wake up, leave home, and when you return, and make invisible adjustments that cut energy costs and freshen the air. John Ho, CEO of Landsea Homes, explains that homeowners today are now increasingly expecting the latest tech features, and Landsea Homes has taken note, making these features standard instead of premium upgrades. The result is a home that feels responsive, supportive, and easy to live in from day one. Technology can clutter a room or vanish into it. The new smart home prefers the latter. And as one design expert puts it, 'Every high-performance home works as a system.' Whether it's smart lighting that mimics the sun's rhythm or motorized window shades that optimize comfort, the most advanced features tend to be the least obtrusive, letting design and daylight take center stage. Even televisions have become masters of disguise, like with Samsung's The Frame, which displays art when not in use, blending seamlessly with gallery walls. The Tapo D225 2K Smart Doorbell delivers sharp, real-time video feeds of visitors and deliveries, ensuring awareness even when you're away from home. Minimalist and easy to use, the Google Nest Smart Thermostat quietly handles schedules and comfort settings, adjusting the temperature automatically and blending into the wall with its subtle, understated design. Built-In Air Purifiers – The Levoit Core 600S keeps indoor air fresh by quietly filtering out allergens and pollutants, running day and night without drawing attention to itself. AI-Driven Lighting – With Philips Hue, lighting adapts to your daily rhythms. Enjoy gentle sunrise tones in the morning or a cozy, dim glow for movie nights. Air-Quality Sensors – AirVisual Pro Indoor Monitor detects invisible issues like radon, VOCs, and humidity, and triggers connected systems to respond when air quality dips. Water Leak Sensors – Moen Flo Detectors stand guard under sinks and behind appliances, sending an alert at the first sign of a leak. Motorized Window Shades – Yoolax Motorized Roller Shades can be controlled by voice, set to a schedule, or programmed to move with the sun, offering privacy and helping regulate temperature with minimal effort. WaterSense Fixtures The Moen Align Faucet pairs a modern, streamlined look with EPA-certified water efficiency, offering style and sustainability in equal measure. Real-Time Energy Dashboards Wiser Energy Smart Home Monitor provides instant feedback on energy use, making it easy to spot where electricity is being used (or wasted) throughout the day. Automated Energy Optimization EcoFlowSmart Home Panel 2 stores solar-generated electricity to power your home during outages or peak-demand hours. Passive Cooling Features Solar Venting Skylights automatically open and close to let in fresh air and daylight, helping to keep your home comfortable and reducing the need for air conditioning. Hidden and Integrated TechSolutions like the Samsung The Frame TV and low-profile speaker systems are designed to blend into your décor, proving that technology can disappear until you need it. Why These Innovations Matter: These features quietly handle life's logistics, so residents have more time and headspace for what matters most. No magic tricks, just good design, intelligently applied. A modern home does more than just look the part. It should actively support the people who live there. Air quality monitors, for example, aren't just decorative; they're part of a network that quietly coordinates ventilation and filtration, adjusting in real time. In cities or wildfire-prone areas, this kind of system can make a genuine difference in daily comfort. Water leak sensors catch small issues before they become emergencies, saving both stress and repairs. And whole-home batteries keep the essentials running (lights, Wi-Fi, refrigeration) so a blackout is little more than a brief inconvenience. These aren't flashy upgrades; they're quiet, competent essentials that speak to thoughtful design. No home becomes smart overnight. Every system requires a setup phase, a few tweaks, and the occasional update. Some features, like air quality and climate, make a noticeable difference from the start, while others work best as part of a whole. Savvy homeowners start with the essentials and add layers as needs or routines change. The best part? Once everything is running, the home quietly recedes, letting you focus on living, not troubleshooting. Luxury is no longer about putting everything on display. The new standard is a home that's easy to live in, quietly supportive, and resilient enough for whatever the world brings. The smartest homes work so well that you barely notice them.
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Zacks Industry Outlook Highlights Howard Hughes and Landsea Homes
For Immediate Release Chicago, IL – June 13, 2025 – Today, Zacks Equity Research discusses Howard Hughes Holdings Inc. HHH and Landsea Homes Corp. LSEA. Industry: Real Estate Development The constituents of the Zacks Real Estate – Development industry are expected to encounter difficulties stemming from geopolitical instability and macroeconomic uncertainty. These factors are likely to drive up material expenses and uphold high real estate prices. Sales activity is expected to stay subdued in the near future until there is a recovery in macroeconomic conditions. However, healthy demand across several real estate property categories, along with a slowdown in the pace of new deliveries, is anticipated to lend support to the industry, thereby placing companies like Howard Hughes Holdings Inc. and Landsea Homes Corp. in a strong position for growth. About the Industry The Zacks Real Estate – Development industry comprises companies that are mainly engaged in owning, developing and managing a variety of real estate properties, including commercial, residential and mixed-use parcels. While some developers undertake construction on their land holdings to eventually sell the properties to homebuilders, retaining the same for conducting operations is also a common practice. Some industry participants actively undertake strategic activities, such as infrastructure improvement, along with land planning and development, to boost economic development, attract quality job creators and diversify the regions in which the firms operate. These firms provide real estate leasing, stewardship, underwriting, planning and entitlement services. Real estate development companies are chiefly classified as financial ones, not construction firms. What's Shaping the Future of the Real Estate Development Industry? Macroeconomic Uncertainty Woes Linger: The ongoing heightened uncertainty surrounding trade policy and government spending is expected to weigh on the industry's growth in the near term. The tariff polices with other countries are expected to raise the cost of certain imported goods by the second half of this year. This makes investors skeptical about the economy's outlook. Although the Federal Reserve has reduced interest rates in the second half of 2024, it is expected to make fewer cuts this year due to an anticipated high inflation amid tariff woes and potential policy changes. Amid such an environment, clients are likely to adopt a cautious approach. As a result, investors' desire for greater price discovery will cause a delay in the closing timeline for transactions. Geopolitical Instability to Affect the Industry: Geopolitical turmoil is likely to have a significant impact on the industry's performance. Conflicts and wars happening in a number of countries have affected the global economic environment. These situations have escalated supply-chain disruption and increased inflation. Several capital sources are tightening their underwriting practices, reducing credit availability. In the upcoming period, sales activity is likely to stay subdued until macroeconomic conditions improve. Demand Revival for Certain Asset Classes and Constrained Supply Helps Industry Fundamentals: Demand for certain real estate categories, such as retail, industrial, logistics, and office is witnessing healthy growth. The post-pandemic resurgence in consumers' preference for in-person shopping is propelling retail real estate demand in high-traffic corridors as retailers eye expansion to satisfy this demand. Meanwhile, the e-commerce boom and supply-chain strategy transformations are driving growth in the industrial and logistics real estate space. Moreover, the office REIT companies are noticing an increase in the number of tenants returning to offices or announcing plans to do so. This is likely to support office real estate market fundamentals. However, in addition to raising the price of raw materials, an elevated interest rate environment has also slowed down the pace of new construction deliveries. Particularly, the residential market is experiencing a significant shortage of new homes as a result of more than a decade of under-building in comparison to population growth. The retail real estate market is also going through supply shortages, which is helping the industry fundamentals. Hence, the rebound in demand for certain real estate categories and supply shortage are likely to play a role in maintaining favorable industry fundamentals. Zacks Industry Rank Indicates Bleak Prospects The Zacks Real Estate Development industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #179, which places it in the bottom 27% of 245 Zacks industries. The group's Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. The industry's positioning in the bottom 50% of the Zacks-ranked industries is a result of the southbound earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence in this group's earnings growth potential. For 2025, the industry's earnings estimates have moved 39.4% south since June 2024. However, before we present a few stocks that you may want to consider for your portfolio, let's take a look at the industry's recent stock market performance and valuation picture. Industry Underperforms the Sector and the S&P 500 The Zacks Real Estate – Development industry has underperformed the S&P 500 composite and the broader Finance sector over the past year. The industry has declined 6.8% during this period against the S&P 500 composite's growth of 12.3%. The broader Finance sector has increased by 22.5%. Industry's Current Valuation On the basis of the forward 12-month price-to-earnings (P/E), which is a commonly used multiple for valuing real estate development companies, we see that the industry is currently trading at 7.76X compared with the S&P 500's 22.02X. The industry is also trading below the Finance sector's forward 12-month P/E of 16.20X. Over the past five years, the industry has traded as high as 22.09X and as low as 3.77X, with a median of 6.94X. 2 Real Estate Development Stocks to Consider Landsea Homes Corp.: This Dallas, TX-based publicly traded residential homebuilder designs and builds best-in-class homes and sustainable master-planned communities in some of the United States' 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. Though elevated interest rates have exerted downward pressure on demand nationwide, primarily due to reduced affordability for numerous prospective homebuyers, Landsea Homes is expected to benefit from its efforts to enter new markets, focus on entry-level product offerings and strengthen its brand position through product differentiation. LSEA currently carries a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for its 2025 EPS has remained unchanged at $1.05 over the past two months. The stock has gained 54% in the past three months. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Howard Hughes Holdings, Inc.: This Woodlands, TX-based company is engaged in the ownership, management and development of commercial, residential and mixed-use real estate throughout the United States. The company operates through three business segments, namely Operating Assets, Master Planned Communities and Strategic Developments. Its assets include a portfolio of master-planned community assets, buildings and equipment, land and developments. With its expertise in the real estate sector, the company is well-poised to bank on the favorable demand in the residential and commercial real estate markets. HHH currently has a Zacks Rank #3. The Zacks Consensus Estimate for its 2025 EPS has been raised 55.4% over the past two months to $1.43. The company's shares have declined 3.2% in the past three months. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Landsea Homes Corporation (LSEA): Free Stock Analysis Report Howard Hughes Holdings Inc. (HHH): Free Stock Analysis Report
Yahoo
29-05-2025
- Business
- Yahoo
Lido Merger Sub, Inc. Announces Completion of Consent Solicitation for 8.875% Senior Notes due 2029 of Landsea Homes Corporation
NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- Lido Merger Sub, Inc. (the 'Company') announced today that, according to information provided by Global Bondholder Services Corporation, the Information and Tender Agent for the Company's previously announced cash tender offer (the 'Tender Offer') and consent solicitation (the 'Consent Solicitation'), as of 5:00 p.m., New York City time, on May 29, 2025, the Company had received tenders and consents from holders of $293,848,000 in aggregate principal amount of Landsea Homes Corporation's ('Landsea Homes') outstanding 8.875% Senior Notes due 2029 (the 'Notes'), representing approximately 97.95% of the total outstanding principal amount of the Notes. As a result, Landsea Homes, the guarantors of the Notes and the trustee for the Notes executed a supplemental indenture relating to the Notes, on May 29, 2025 (the 'Supplemental Indenture') to effect the Proposed Amendments. The Proposed Amendments eliminate the requirement to make a 'Change of Control Offer' in connection with Landsea Homes' proposed merger with the Company (the 'Merger') and eliminate substantially all of the other restrictive covenants and certain events of default and other provisions in the indenture governing the Notes. The Supplemental Indenture provides that the Proposed Amendments will not become operative unless and until the Notes representing at least a majority in aggregate principal amount of the Notes are accepted for purchase by the Company pursuant to the terms of the Tender Offer and Consent Solicitation. The table below sets forth the consideration payable in connection with the Tender Offer:*$300,000,000 8.875% Senior Notes due 2029 CUSIP: 51509PAA1 / U5130TAA3 $994.38 $50.00 $1,044.38 (1) For each $1,000 in principal amount of Notes. Does not include accrued and unpaid interest from the last date on which interest has been paid to, but excluding, the applicable settlement date that will be paid on the Notes accepted for purchase. (2) Payable only to holders who validly tender (and do not validly withdraw) Notes on or prior to the Early Tender Date. (3) The Early Participation Premium is included in the Total Consideration for Notes tendered and accepted on or prior to the Early Tender Date. * CUSIPs are provided for the convenience of Holders. No representation is made as to the correctness or accuracy of such numbers. Holders whose Notes are accepted in the Tender Offer will also be paid accrued and unpaid interest, if any, on the Notes to, but not including, the applicable settlement date. Holders tendering after the Early Tender Date have until the Expiration Date to tender their Notes pursuant to the Tender Offer. Holders who validly tender additional Notes after the Early Tender Date and before the Expiration Date will receive the Tender Consideration listed above, which does not include the Early Participation Premium. The Withdrawal Deadline was May 27, 2025, at 5:00 p.m., New York City time. As a result, Notes tendered pursuant to the Tender Offer may not be withdrawn and the Consents delivered pursuant to the Consent Solicitation may not be revoked, except as required by law. Consummation of the Tender Offer and payment for any Notes validly tendered pursuant to the Tender Offer are subject to the satisfaction of certain conditions, including, but not limited to, the consummation of the Merger and a financing condition. The closing of the Merger is expected to occur early in the third quarter of 2025, and we intend to extend the Expiration Date until the closing of the Merger. The Company reserves the right, at its sole discretion, to waive any and all conditions to the Tender Offer. Complete details of the terms and conditions of the Tender Offer and the Consent Solicitation are included in the Company's Offer to Purchase and Consent Solicitation Statement, dated May 13, 2025 (as amended or supplemented from time to time, the 'Statement'). The Merger is subject to customary closing conditions. The consummation of the Merger, or any related financing, is not conditioned upon, either directly or indirectly, the consummation of the Tender Offer. Except as set forth herein, all other terms, provisions and conditions of the Tender Offer and the Consent Solicitation will remain in full force and effect as set forth in the Statement. All capitalized terms used but not defined herein shall have the same meaning ascribed to them in the Statement. Requests for documents relating to the Tender Offer and the Consent Solicitation may be directed to Global Bondholder Services Corporation, the Information and Tender Agent, at (855) 654-2015 or (212) 430-3774 (Banks and Brokers). J.P. Morgan Securities LLC and Apollo Global Securities, LLC will act as Dealer Managers and Solicitation Agents for the Tender Offer and the Consent Solicitation. Questions regarding the Tender Offer and the Consent Solicitation may be directed to J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-3554 (collect) or Apollo Global Securities, LLC at (833) 383-9662 (toll-free). This press release does not constitute an offer to purchase, or a solicitation of an offer to sell or a solicitation of consents with respect to, any security. The Tender Offer and Consent Solicitation are being made solely pursuant to the Statement. No offer, solicitation or purchase will be made in any jurisdiction in which such an offer, solicitation or purchase would be unlawful. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offer and Consent Solicitation to be made by a licensed broker or dealer, the Tender Offer and Consent Solicitation will be deemed to be made on behalf of the Company by the Dealer Managers, or one or more registered brokers or dealers that are licensed under the laws of such above information includes 'forward looking' statements as defined in the Private Securities Litigation Reform Act of 1995, including statements about the proposed Tender Offer and Consent Solicitation and the intended completion of the Merger. Such statements only reflect the Company's best assessment at this time and are indicated by words or phrases such as 'plans,' 'intends,' 'will' or similar words or phrases. These statements are based on the Company's current expectations, estimates and assumptions and are subject to many risks, uncertainties and unknown future events that could cause actual results to differ materially. Actual results may differ materially from those set forth in this press release due to the risks and uncertainties inherent to transactions of this nature, including, without limitation, whether or not the Company completes the proposed Tender Offer and Consent Solicitation on terms currently contemplated or otherwise and whether or not the Merger is consummated. The Company is under no obligation to (and specifically disclaims any such obligation to) update or alter these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Tim Ragones / Kate ThompsonJoele Frank, Wilkinson Brimmer Katcher(212) 355-4449Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
19-05-2025
- Business
- Associated Press
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Landsea Homes Corporation (Nasdaq - LSEA), LENSAR, Inc. (Nasdaq - LNSR), AvidXchange Holdings, Inc. (Nasdaq – AVDX), FARO Technologies, Inc. (Nasdaq – FARO)
BALA CYNWYD, Pa., May 19, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847. There is no cost or financial obligation to you. Landsea Homes Corporation (Nasdaq - LSEA) Under the terms of the agreement, Landsea Homes will be acquired by New Home Co. ('New Home') for $11.30 per share in cash. The investigation concerns whether the Landsea Homes Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders. For example, the deal consideration is below the 52-week high of $14.04 for the Company's shares. Additional information can be found at LENSAR, Inc. (Nasdaq - LNSR) Under the terms of the Merger Agreement, LENSAR will be acquired by Alcon for $14.00 per share in cash for each LENSAR share, with an additional non-tradeable contingent value right offering up to $2.75 per share in cash, conditioned on achievement of 614,000 cumulative procedures with LENSAR's products between January 1, 2026, and December 31, 2027. The investigation concerns whether the LENSAR Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at AvidXchange Holdings, Inc. (Nasdaq – AVDX) Under the terms of the agreement, AvidXchange Holdings will be acquired by TPG (Nasdaq – TPG) for $10.00 a share in cash in a transaction that values AvidXchange Holdings at $2.2 billion. The investigation concerns whether the AvidXchange Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders. Additional information can be found at FARO Technologies, Inc. (Nasdaq – FARO) Under the terms of the Merger Agreement, FARO will be acquired by AMETEK, Inc. (NYSE - AME) for $44 per share in cash. The investigation concerns whether the FARO Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company's shareholders in the combined company. Additional information can be found at Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
Los Angeles Times
16-05-2025
- Business
- Los Angeles Times
Irvine Homebuilder New Home Company Acquires Texas Firm
The New Home Company Inc., an Irvine-based home developer, agreed to acquire Dallas-based Landsea Homes Corp. for approximately $430 million. The agreement calls for New Home to acquire all outstanding shares of Landsea Homes for $11.30 per share in cash, which represented a 61% premium to the share price prior to the announcement on May 12. 'Our acquisition of Landsea Homes is an important next step in New Home's long-term growth strategy,' said Matthew Zaist, president and chief executive of New Home, in a statement. The transaction was supported by Apollo Funds, the majority shareholder of New Home, which committed $650 million of new cash equity to facilitate the transaction. The merger is expected to close in the third quarter of 2025. Upon completion, Landsea Homes will become a privately held company, and its common stock will no longer be listed on Nasdaq. The combined company will be led by Zaist. 'This transaction underscores our high conviction in the housing market opportunity and the teams at New Home and Landsea Homes,' said Peter Sinensky, partner at Apollo and a member of New Home's board of directors, in a statement. J.P. Morgan Securities LLC, RBC Capital Markets, Vestra Advisors, and Wells Fargo served as financial advisors to New Home. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to New Home. Moelis & Company LLC acted as exclusive financial advisor to Landsea Homes, while Latham & Watkins LLP acted as its legal counsel. Information for this article was sourced from Landsea Homes.
