A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 9-13. Miss: A Problem, Not a...
Massachusetts Gov. Maura Healey has issued an executive order to study allowing single stair construction in some residential buildings, with the goal of changing the state’s building code to increase housing production and lower costs. The state’s building code...
The builder Tri Pointe Homes Inc. (NYSE: TPH) is being acquired by Japan’s Sumitomo Forestry for $47.00 per common share, in an all-cash transaction valued at approximately $4.5 billion. Founded in 2009, Tri Pointe Homes focuses on the Western, Southwestern, and...
District of Columbia Attorney General Brian L. Schwalb has filed a civil lawsuit against a family of landlords, claiming they are operating a “slumlord empire” built on a Ponzi scheme foundation. Schwalb cited Ali “Sam” Razjooyan, his brother Eimon “Ray” Razjooyan,...
The National Association of Mortgage Brokers (NAMB) has released “Addressing America’s Housing Affordability Crisis,” a white paper designed to offer solutions for expanding affordable homeownership opportunities. The report details how elevated home prices and...
Sens. Josh Hawley (R-MO) and Richard Blumenthal (D-CT) have introduced the Guaranteeing Rate Insulation from Data Centers (GRID) Act, a new bill designed to prevent data centers from driving up energy costs. Created in response to the rapid expansion of data centers...
