Landsea Homes hasacquired Phoenix-based Garrett Walker Homes. Theacquisition makes Landsea Homes one of the largest homebuilders inArizona. Garrett Walker builds high-quality, value-basedsingle-family homes in 18 Phoenix-area communities.

"Our strategic focus continues to be creating communities inhighly desirable markets across the United States, and Arizonacertainly fits that criteria," Greg Balen, theregional division president in Arizona for Landsea Homes, tellsGlobeSt.com. "With a robust local economy and continued job growth,the area is attracting new residents, and providing opportunitiesfor current homeowners to expand to accommodate their growingfamilies."

Landsea Homes entered the Arizona market two years ago, and hitthe ground running. In that time, it has built a portfolio of 1,400lots in 19 Arizona communities. "Arizona is a key market forLandsea Homes. We entered the market just two years ago with a landpurchase for our first community," says Balen. "This acquisition ofGarrett Walker Homes adds 18 communities and more than 1,700 totallots to that portfolio, making Landsea Homes one of the tophomebuilders in Arizona."