Five Point Holdings to Acquire Controlling Interest in New Landbank Venture With Hearthstone

IRVINE, Calif.--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today announced that it has entered into a definitive agreement to acquire a controlling interest in a newly formed entity that will include substantially all of the business and operations of Hearthstone, Inc. […]