Michael Forsum Biography and Net Worth

Michael Forsum serves as our Chief Operating Officer since August 2016 and has served as our President since January 2021. Prior to joining Landsea Homes, Forsum spent nearly 30 years in the homebuilding industry as a senior level executive and worked from 2009 to 2016 in private equity as a partner specializing in residential real estate investing for Starwood Land Ventures, a wholly owned subsidiary of Starwood Capital Group Global, a private investment firm. During his homebuilding career, he led homebuilding operations at KB Homes from 1985 to 1993. He also served as a Division President of Ryland Homes from 1994 to 2001. Later, as Taylor Woodrow/Morrison’s West Region President, and was responsible for overseeing multiple operating divisions in California, Arizona, Nevada, and Colorado from 2001 to 2008. Also served on Taylor Woodrow/Morrison’s North American Leadership team, which set strategic direction and established company governance and procedures, from 2000 to 2008. During his homebuilding tenure, he was associated with the acquisition, planning, and development of nearly 25,000 home sites, and the building of over 20,000 homes. In 2008, Forsum co-founded Starwood Land Ventures, an affiliated company of Starwood Capital Group Global, a private equity firm specializing in real estate, which he left in 2016. Mr. Forsum is on the National Board of Directors for HomeAid America and received a bachelor’s degree from Arizona State University.