(New York) – Akin advised Millrose Properties Inc., a “first-of-its-kind” Homesite Option Purchase Platform for residential homebuilders, in providing committed land banking capital support for New Home Co.’s acquisition of Landsea Homes Corporation. The transaction is valued at approximately $1.2 billion in an all-cash transaction for $11.30 per share. The combined company will be a privately held, top-25 national homebuilder across 10 high-growth markets, offering homebuyers a range of homebuying options.