Las Vegas – September 04, 2026 -- BOXABL Inc. (Nasdaq: BXBL) has entered a multiyear purchase agreement with LC Vegas Acquisitions, LLC for up to 1,500 factory-built homes over three years, marking the company's largest announced residential purchase arrangement to date.
Deal structure calls for roughly 500 homes delivered annually
Under the agreement, purchases are expected to occur in phases, with approximately 500 homes anticipated each year, subject to project schedules, site readiness, and regulatory approvals. The agreement does not require that any purchases be made and remains subject to conditions, contingencies, and performance requirements.
LC Vegas brings billion-dollar development track record
LC Vegas Acquisitions, led by Co-Founder and Managing Partner Greg Palivos, has operated as a developer, builder, and operator across multiple U.S. states, with a portfolio including thousands of residential units developed, entitled, or under construction and more than $1 billion in real estate developed or in process.
Palivos said the manufacturing platform allows delivery of attainable, high-quality housing at a pace and price point traditional construction cannot match.
Homes will use BOXABL's expanding product platform
Units under the agreement are expected to be produced using BOXABL's expanding product lineup, configured to meet project-specific requirements. Production timing and delivery schedules will be set according to the terms of the agreement and the needs of the underlying developments.
BOXABL's flagship Casita is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities that unfolds on-site in under an hour. The company has also introduced the 120-square-foot Baby Box, built to RV code for no-foundation setups, and is developing stackable, connectable box models for townhomes and multifamily units.
BOXABL cautioned that actual deliveries and revenue may differ materially from the quantities referenced in the agreement, and that purchases may be modified, delayed, reduced, or terminated over the multiyear term.