Newport Beach-based Landsea Homes acquires Arizona developer

Landsea Homes, a Newport Beach-based developer that has already established a sizable real estate footprint in Arizona, has acquired Garrett Walker Homes, a Phoenix-based builder.
Landsea, a wholly-owned subsidiary of Landsea Green Group, has developed communities in four states and in China and Germany. The company entered the Arizona market two years ago and has 19 projects there covering 1,400 home sites.
The deal with Garrett Walker Homes adds 18 more communities and 1,700 lots to Landsea&rs