Built on Land. Backed by Experience.

Michael Forsum serves as Chief Executive Officer of the Platform. He brings more than 40 years of experience in homebuilding and residential land capital.

Most recently, he served as President and Chief Operating Officer of Landsea Homes (NASDAQ: LSEA) from 2016 to 2024, leading the company through its 2021 public offering. Under his leadership, Landsea grew to $1.6 billion in revenue and 2,831 annual home deliveries and was named Builder of the Year by BUILDER magazine in 2022. In 2025, the company was acquired by Apollo in a $1.2 billion take-private transaction. Earlier, Michael worked with Colony Capital to launch Arcadia, a large-scale residential land banking platform, and co-founded Starwood Land Ventures in partnership with Starwood Capital Group, deploying more than $250 million across more than 17,000 lots. He previously held senior executive roles at KB Home, served as Division President at Ryland Homes and was West Region President and a member of the North American leadership team at Taylor Woodrow/Morrison. He holds a Bachelor of Science from Arizona State University and serves on the National Board of Directors for HomeAid America.

Josh Santos is a senior executive focused on homebuilding operations and growth. He has more than 20 years of experience spanning corporate and division leadership, combining deep local-market knowledge with an understanding of the operating demands builders face as they scale. Most recently, he served as Vice President of Corporate Homebuilding Operations at Landsea Homes from 2024 to 2025, where he designed and standardized core processes across acquisitions, land development, purchasing, construction and warranty, supporting approximately 3,000 annual home closings across multiple divisions. Prior to that, he was Division President for Landsea’s Northern California operations from 2019 to 2024, with full P&L responsibility and operational strategy that delivered $350 million in annual revenue. Earlier in his career, Josh held leadership positions with Richmond American Homes and Shea Homes.

Nicholas Capogrosso is a Vice President responsible for the financial analysis and underwriting of structured credit, equity and strategic corporate investments in residential real estate. Most recently, he was a Vice President in CMBS Capital Markets at Wells Fargo Securities. Prior to that, he served as a Vice President at Hunt Real Estate Capital, directing the pricing, securitization and capital-markets execution for a portfolio of more than $2 billion in real estate credit investments. He previously held positions at Bank of America and UniCredit Group focused on derivative hedging strategies for multinational organizations. He holds a Bachelor of Science in Finance from Rutgers University.