From Yahoo Finance: 2025-06-21 09:10:00

Five Point Holdings (FPH) will acquire a controlling interest in Hearthstone Residential Holdings, a new entity encompassing Hearthstone’s homebuilding capital solutions. The venture, 75% owned by Five Point, aims to provide off-balance sheet capital for U.S. homebuilders. Expected to close by end of Q3. Source: TheFly.

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Read more: Five Point to acquire controlling interest in Hearthstone Venture