Landsea Homes Corp. (Nasdaq: LSEA) has been advancing its plans to become among the nation’s top 10 homebuilders with the help of Chief Legal Officer Franco Tenerelli.
The Dallas-based homebuilder, formerly in Newport Beach, has set its sights on markets increasing in popularity due to their affordability.
“People are leaving some of the higher tax states, like New York, and venturing to where it’s a little more friendly on the pocketbook,” Tenerelli told the Business Journal.
Tenerelli was honored last November at the Business Journal’s General Counsel Awards in the Public Company category.
His work at Landsea includes helping the company pass $1 billion in revenue and go public in early 2021. Prior to Landsea’s Dallas move, the company was the most valuable publicly traded homebuilder based in OC.