Five Point Holdings, LLC Announces New Hearthstone Residential Land Banking Investment Partnership With Blue Owl Managed Funds

IRVINE, Calif.--(BUSINESS WIRE)--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 the formation of a new residential land banking investment partnership executed by its Hearthstone Residential Holdings platform ("Hearthstone†), with funds managed by Blue Owl Capital Inc. ("Blue Owl†) (NYSE: OWL). The investment partnership is designed to support the acquisition of residential homesit. ...