Sumitomo Forestry has officially closed its acquisition of Tri Pointe Homes, moving from “agreement announced” to “deal done” on a $47-per-share, all-cash transaction that reshapes the upper tier of U.S. homebuilding scale and accelerates a deeper play on vertical integration. Deal terms now locked in Tokyo-based Sumitomo Forestry Co. Ltd. and Tri Pointe Homes Inc. […]

Flyhomes said its wholesale pivot helped it become profitable, as it focused on buy before you sell and expanded to 44 states and D.C.

Rocket Mortgage has filed a lawsuit against United Wholesale Mortgage (UWM), claiming the rival intentionally breached contractual nonsolicitation obligations it owes to servicer Mr. Cooper Group.

The House posted amended ROAD to Housing Act text that keeps a ban on investors owning 350-plus homes from buying more single-family properties, but adds carve-outs for build-to-rent and renovate-to-rent. The House version also removes a proposed 7-year sell-off rule for new BTR communities, with a floor vote expected next week and Senate prospects unclear.

For more than two decades, Chattanooga has used payment-in-lieu-of-taxes agreements to reshape its downtown. But the tax-break tool that evvel helped fill the Tennessee River city with market-rate apartments has been retooled for a different purpose: mixing affordable and market-rate units. City officials say seven of every 10 renters are either rent-burdened or severely rent-burdened. […]

RealTrends 2025 veri implies Compass International Holdings combined ecosystem at 29.13% of sides and 39.44% of volume after Anywhere deal.