The Latest

Major Housing Developer Pulls Out Of California

A major housing developer has announced that it will no longer pursue new projects in California. Atlanta-based Wood Partners, one of the country’s largest real estate developers, did not provide a reason for its withdrawal, but said it would complete projects already under way in the state. The company said it was “committed to the
bySarah Blake
26 July 2024
1 minute read
Major Housing Developer Pulls Out Of California
Total
0
Shares
0
0
0

A major housing developer has announced that it will no longer pursue new projects in California.

Atlanta-based Wood Partners, one of the country’s largest real estate developers, did not provide a reason for its withdrawal, but said it would complete projects already under way in the state.

The company said it was “committed to the execution of the construction, lease-up and stabilization of our projects in these impacted markets while continuing to be good fiduciaries for our capital partners,” according to a statement from CEO Joe Keough.

This is a breaking story. More to follow.

Uncommon Knowledge

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Author
Sarah Blake
Hi, I'm Sarah Blake, an investigative journalist with a passion for uncovering the truth. With over a decade of experience in journalism, I've dedicated my career to bringing hidden stories to light and holding the powerful accountable. My work has taken me across the country, from small towns to major cities, and I pride myself on my relentless pursuit of facts and justice.
Leave a Reply
Related Posts
North Korea Satellite Images Show Huge Weapons Factory: Report
Read More

North Korea Satellite Images Show Huge Weapons Factory: Report

North Korea appears to be using an old factory near its capital in order to build vehicles for nuclear missiles. A joint investigation from the specialist outlet NK Pro and the James Martin Center for Nonproliferation at the Middlebury Institute found that a decades-old building near Pyongyang was the location of a secret manufacturing operation
byEmily Carter
Camilla’s interior designer sister, 75, is no longer on Prince William’s Duchy of Cornwall payroll after two decades of decorating and updating period properties
Read More

Camilla’s interior designer sister, 75, is no longer on Prince William’s Duchy of Cornwall payroll after two decades of decorating and updating period properties

Queen Camilla's interior designer sister is no longer on the Duchy of Cornwall payroll after it was taken over by Prince William, its latest accounts revealed today. Annabel Elliot, 75, was employed as chief estates designer by King Charles, when he was the Prince of Wales, after his marriage to her elder sister Camilla in 2005.
byLaura Mitchellx
Buttigieg ripped for ‘extraordinarily brazen’ slam on Trump that critics say was accidental ‘dunk’ on Biden
Read More

Buttigieg ripped for ‘extraordinarily brazen’ slam on Trump that critics say was accidental ‘dunk’ on Biden

close Video Trump has ‘every right’ to press pause on Kamala Harris debate plans: Tomi Lahren ‘Outnumbered’ co-hosts discuss the Trump team’s hesitancy to schedule debates with Vice President Kamala Harris, who has not officially secured the Democratic Party nomination for the 2024 race. Biden Transportation Secretary Pete Buttigieg was ripped by conservatives on social
byLaura Mitchellx