Dollar Tree Inc. (NASDAQ: DLTR) announced the $1 billion sale of its Family Dollar business to the private equity firms Brigade Capital Management LP and Macellum Capital Management LLC. Dollar Tree acquired Family Dollar for more than $8 billion in 2015. However, the...
Hilton (NYSE: HLT) has signed a branding and management agreement with Wine Country Hospitality Partners LLC to create the Waldorf Astoria Texas Hill Country and Waldorf Astoria Residences Texas Hill Country. The new resort, which is slated to open in 2027 at a site...
A district court judge has issued a temporary injunction preventing the US Department of Housing and Urban Development (HUD) from terminating 78 Fair Housing Initiative Program (FHIP) grants for nonprofit organizations contracting to investigate housing...
The transition from renting to homeownership is seen as insurmountable by nearly half of renters, according to a new survey from the nonprofit NeighborWorks America. This survey, which was conducted between Feb. 1-5 among a sample of 4,426 adults, found 48% of renters...
A total of 6,129 homes sold in Virginia during February, a reduction of 604 transactions or a 9% year-over-year decline. According to Virginia Realtors, there were 17,529 active listings on the market statewide, more than 3,100 additional listings from one year...
Dallas-headquartered Cornerstone Capital Bank has launched two joint venture companies with homebuilders in Texas and North Carolina. Twin Tree Mortgage, based in Waxahachie, Texas, is a joint venture with Elmwood Homes that will provide mortgage solutions for...