Landsea closes on Mesa parcel

By Angela Gonzales | Phoenix Business Journal

Dallas-based Landsea Homes Corp. (Nasdaq: LSEA) just closed on a 14.5-acre parcel in Mesa, with plans to create a gated community with 90 homes.

Kennedy Lewis Investment Management, as land banker for Landsea Homes, paid $10.58 million cash to an entity tracing to Arcadia Capital Group for the land, according to Tempe-based real estate database Vizzda LLC.

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