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Firm that flips houses in Las Vegas raises $400M

Opendoor announced Thursday that Japanese billionaire Masayoshi Son’s SoftBank Vision Fund invested $400 million in the company. It did not disclose SoftBank’s ownership stake, but Opendoor said it has obtained more than $1 billion in total equity investments and $2 billion in debt.

 
Trump tariffs raising costs for Las Vegas homebuilders

Las Vegas homebuilders are fetching rapid sales and record prices, a new report shows, but President Donald Trump’s tariffs are inflating construction costs amid heightened affordability concerns.

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