Five Point Holdings to Buy Homebuilding Investor - Orange County Business Journal
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Five Point Holdings to Buy Homebuilding Investor - Orange County Business Journal
Five Point Holdings LLC, the Irvine-based owner and developer of master-planned neighborhoods, announced today it entered into an agreement to acquire a controlling interest in Calabasas-based Hearthstone Inc., a private investment partner for homebuilders and residential developments. The acquisition will result in a newly formed business called Hearthstone Residential Holdings LLC and, according to a Five Point Holdings statement, would “inclu…
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