The Department of Housing and Urban Development (HUD) has directed its Office of Fair Housing and Equal Opportunity (FHEO) to investigate a Texas mixed-use real estate development that has been accused of seeking to become a Muslim-only community operating under...
A credit union in Vermont has introduced a home financing program aligned with the principles of Islam. The Burlington Free Press reports NorthCountry Federal Credit Union has partnered with Guidance Residential, an Islamic home finance provider, that adheres to the...
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,...
Hits and Misses for the Real Estate Week of April 27-May 1
