NEWPORT BEACH, CA—It’s unique for a smaller company like Trumark Cos. to have several platforms including urban, home-building and selling of improved lots to other builders, Peter Kiesecker, COO for the firm’s new platform, tells Trumark recently announced it has created a residential-land-development platform, Trumark Communities, which is capable of acquiring, developing and selling improved lots primarily to third-party builders. Kiesecker, a former executive at Standard Pacific Homes with more than 25 years of experience in the real estate industry, has been tasked with leading the new division. We spoke exclusively with Kiesecker about his new role at the firm, trends he’s seeing in master-planned communities and why selling improved lots to third-party builders makes sense for his company. What do you hope to accomplish in your new role at Trumark?

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