LF Capital completed the merger with Landsea Homes in a $510m deal.

LF Capital, a blank check company, completed the merger with Landsea Group-backed Landsea Homes, a high-growth residential homebuilder based in Newport Beach, CA, in a $510m deal. "Landsea Homes has established a unique and differentiated homebuilding platform with significant growth prospects for the future. With a strong foothold in two high-growth real estate markets, California and Arizona, and an industry-leading program that provides a superior living environment through home automation, sustainability and energy savings, we believe this transaction will allow Landsea to reach its true growth potential. We look forward to working with the Landsea team as we introduce their compelling story to the public markets," Scott Reed, LF Capital CEO and President.