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...
Now, here’s something that we don’t see every day: a polo venue is listed for sale. The 150-acre Valiente Polo Farm in Wellington, Florida, is being marketed by Icon Global. The property includes three polo fields, a stick and ball field, a warm-up track, a viewing...
Major League Soccer’s DC United has announced plans to create a 12,000-seat stadium and youth academy in Baltimore. WTOP reports the team is seeking the build its venue on the 80-acre site of the Carroll Park Golf Course, which is owned and operated by the city. The...
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...
Federal Reserve Maintains Rate Range
