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MIAMI & DALLAS, July 30, 2026--Millrose Properties, Inc. (NYSE: MRP, "Millrose"), the homesite option platform for residential homebuilders, and JPI, a premier developer of multifamily communities and subsidiary of Sumitomo Forestry Co., Ltd. (TSE: 1911), today announced the closing of the first acquisition in a new land banking facility established by JPI and Kennedy Lewis Investment Management (KLIM), the parent of Millrose’s external manager, to fund Class A multifamily land acquisition and d
Tri Pointe Homes, now a subsidiary of Sumitomo Forestry, CEO Doug Bauer said Wednesday that the newly approved bipartisan housing bill is unlikely to solve America’s affordability crisis, arguing the real barriers to affordable housing lie at the state and...
Supports expansion of U.S. housing supply while accelerating growth of Tri Pointe Homes’ high-quality operationsTOKYO and INCLINE VILLAGE, Nev., May 14, 2026 (GLOBE NEWSWIRE) -- Sumitomo Forestry Co., Ltd. (“Sumitomo Forestry”) (TSE: 1911) and Tri Pointe Homes, Inc. (“Tri Pointe Homes”) today announced the successful completion of Sumitomo Forestry’s acquisition of Tri Pointe Homes for US$47.00 per share. With the closing of the transaction, Tri Pointe Homes is now a wholly owned subsidiary of S
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