TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose Investments”) announced today its decision to terminate StoneCastle Equity...
A new Texas law targeting land purchases by foreign nationals from China, Iran, North Korea and Russia is chilling real estate investment ahead of its September implementation, industry pros say. The vague language in the legislation has brokers and attorneys scrambling for clarity.Senate Bill 17, signed into law by Gov. Greg Abbott in June, will ban the purchase of real estate — including residential, commercial, industrial and agricultural — by entities tied to those four countries starting Sept. 1. It also prohibits related property interests such as leases longer than...