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Want more housing market stories from Lance Lamberts ResiClub in your inbox? Subscribe to the ResiClub newsletter. Just 10 days ago, on February 10, Japan-based Sumitomo Forestry announced that it had agreed to acquire Tri Pointe Homesa large U.S. homebuilder ranked No. 715 on the Fortune 1000for $4.5 billion, signaling that Japanese builders were further accelerating their buying spree of U.S. homebuilders. Fast-forward to today, and Stanley Martin Homeswhich has been owned by Japan-based Daiwa House since 2017announced that it has agreed to buy United Homes Group, which has a strong presence in the Carolinas, for $221 millionfurther accelerating Japanese builders buying spree of U.S. homebuilders. Japanese builders are quickly expanding their U.S. footprint through acquisitions. Daiwa House: Japan-based Daiwa House has quietly built one of the most geographically diversified U.S. homebuilding footprints among Japanese builders. It entered the U.S. market in 2017 with its acquisition of Stanley Martin Homes, followed by the purchase of Trumark Homes (No. 67 largest U.S. homebuilder) in 2020. In September 2021, Daiwa House completed its acquisition of CastleRock Communities (No. 49 largest U.S. homebuilder), giving it a strong presence in Sun Belt markets in Arizona, Texas, and Tennessee. Together, Stanley Martin, Trumark, and CastleRock span Sun Belt and mid-Atlantic regions, and with Stanley Martins newly announced $221 million acquisition of United Homes Group, Daiwa House is further accelerating its U.S. expansion. Sumitomo Forestry: For Sumitomo Forestrya Japan-based forestry, timber, and homebuilding companyits Tri Pointe Homes acquisition this month meaningfully accelerates its U.S. expansion goals, including its stated target of delivering 23,000 homes annually in the U.S. by 2030. In 2016, Sumitomo Forestry became the majority owner of DRB Group (Americas No. 20 largest homebuilder). In April 2025, Brightland Homes (Americas No. 24 largest homebuilderwhich Sumitomo Forestry acquired a majority stake of in 2016) consolidated into DRB Group. Sekisui House: Japan-based homebuilder Sekisui House, operating in the U.S. under SH Residential Holdings (Americas No. 6 largest homebuilder), has also been on a multiyear U.S. homebuilder buying spree. Since 2017, Sekisui House has acquired homebuilders Woodside Homes, Chesmar Homes, Holt Homes, and Hubble Homes. In April 2024, Sekisui House really shook up the industry when it acquired M.D.C. Holdings (Richmond American Homes) for a staggering $4.9 billion. Sekisui Househas also expanded into the U.S. with its homegrown Japanese builder brand, Shawood. According to ResiClubs analysis, once the Tri Pointe Homes and United Homes Group acquisitions are completed, Daiwa House, Sekisui House, and Sumitomo Forestry will have a combined market share of at least 5.5% of U.S. single-family home construction. Why are Japanese firms making such a large bet on U.S. housing? At a high level, the answer is demographic and structural. Japans domestic population is shrinking and aging (fast!), limiting long-term housing growth and risking a sharp contraction for Japanese homebuilding firms like Daiwa House, Sekisui House, and Sumitomo Forestry. The United States, by contrast, continues to experience population growth and household formationparticularly in the Sun Belt markets where many big U.S. homebuilders operate. For Japanese firms seeking stable, long-duration growth, U.S. homebuilding offers scale and better demographic tailwinds. Theres also a strategic element. The U.S. homebuilding industry remains fragmented beyond the top few public builders, creating opportunities for well-capitalized global players to roll up regional operators while preserving local brands and management teams. Both Sumitomo Forestry and Sekisui House say they prioritize locally led operations, supported by centralized capital and global expertisea structure designed to preserve builder culture while providing financial and operational backing.
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E-Commerce
Dark Sky was a rarity in the app world. Universally beloved, the weather app had an uncanny ability to tell you when to expect rain, down to the minute. So when Apple announced plans to buy it six years ago, there was a collective sigh of frustration. The Android version, of course, disappeared almost immediately, while the iOS version was folded into Apples native Weather app. (The stand-alone iPhone app was discontinued.) The integration was never quite the same, though, and it seemed as if the magic of Dark Sky was lost. Now, however, the team behind the app is hoping lightning strikes twice. The developers of Dark Sky have announced a new iPhone app called Acme Weather, a tool meant to address the uncertainty inherent in meteorological forecasts. (An Android version is forthcoming.) “It is a simple fact that no weather forecast will ever be 100% reliable: the weather is moody, fickle, and chaotic. Forecasts are often wrong,” the team writes in its announcement blog post. “Rather than pretending we will always be right, Acme Weather embraces the idea that our forecast will sometimes be wrong.” In practical terms, that means Acme Weather, which comes with a two-week free trial and then costs $25 per year, offers its best estimate for a range of weather data points, including temperature throughout the day (as well as the feels-like temperature), dew point, humidity, and more. Those predictions appear as a dark line. Alternate possibilities appear as lighter shaded lines layered on top. The closer those lines are to each other, the more confident the forecast. A wider gap signals more uncertainty, suggesting you may want to monitor conditions more closely and check the app more frequently to see how things are trending. The homegrown forecasts, the team says, will be even more accurate than those in Dark Sky, thanks to a wide range of data sources, including numerical weather prediction models, satellite data, ground station observations, and radar. The app will also incorporate community reports, letting people share conditions in their area. That could be especially helpful during severe weather, as radar is not 100% reliable. It has trouble, for instance, recognizing the difference between freezing rain and snow sometimes. Reporting the weather is simple: Choose the icon that reflects current conditions. And, if youd like, you can add commentary by selecting an emoji to reflect how the weather feels. (Yes, the poop emoji is an option for particularly rough days.) Just note that by using the community reporting feature, you will disclose your location to other users. While the app doesnt reveal an exact address or identifying information, it does display your location on the map at the time of reporting with a fairly high degree of accuracy. (Community reporting is completely optional, but cannot be withdrawn once submitted.) The company, in its announcement, pledged not to collect unnecessary data, use third-party trackers, or sell user information to advertisers. The app also features the maps you would expect, including radar and lightning. It will offer rain and snow totals, hurricane tracks, and cloud cover. And, like Dark Sky, it will alert you when weather is approaching. This time, though, you can customize alerts based on what you care about, from rain to nearby lightning to the possibility of a rainbow or especially striking sunset. “Weve been making weather apps for 15 years, from Dark Sky to Apple, and this is the culmination (the acme?) of everything weve learned along the way,” the blog post reads. “Its the weather app weve always wanted, and always wanted to build.”
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E-Commerce
I want a space odyssey. I wanted Star Wars. I got close to that once. Thats production designer Hannah Beachler, talking about the grand filmic world she wants to build next. For our February episode of By Design, we spoke to Beachler (Creed, Black Panther) about her latest work with director Ryan Coogler on Sinnersthe most Oscar-nominated film of all time. We caught up with her last time before she bagged an Oscar on Black Panther and then designed the sequel. https://statics.teams.cdn.office.net/evergreen-assets/safelinks/2/atp-safelinks.html Shes up for her second Academy Award for production design on Sinners next month, and she shared the painstaking process she takes to build historically authentic and thematically rich sets, even when that means investing in details that the audience will never see. Oh, and for the first time, we put that entire interview up on YouTube, if you prefer to watch the interview rather than just listen. We also got into a lot of hot topics: saying farewell to the best and worst designs of the Olympics, breaking down what it means now that ads are on ChatGPT, and exploring the ins and outs of LoveFroms new collaboration on Ferraris Luce EV. And to cap things off? We pick a long-overdue fight with Microsoft Teams in a segment called Fix Your Shit. Have you ever met a single other human who liked that software? Neither have we. Listen to our latest episode on Apple Music or Spotify, and catch the video interview on YouTube.
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E-Commerce
Meatball fans beware: A nationwide recall is underway for a popular brand of frozen meatballs sold at Aldi. The recall is due to the possibility that the product may contain metal fragments, which could cause serious injury if consumed. Heres what you need to know. Whats happened? On Sunday, the U.S. Food Safety and Inspection Service (FSIS) posted a safety alert about a Class 1 recallthe highest possible designation the agency assigns to recalled products. A Class 1 recall means that there is a health hazard situation where there is a reasonable probability that use of the product will cause serious, adverse health consequences or death, according to the agency. The Class 1 recall covers a Bremer-branded ready-to-eat frozen meatball product sold at Aldi stores. The recalled meatballs were produced by Rosina Food Products, Inc., a West Seneca, N.Y., company, which initiated the recall. Approximately 9,462 pounds of the frozen meatball product are being recalled. The issue at hand is that the recalled meatballs may contain metal fragments, which could harm individuals who consume them. What meatball product is being recalled? The recall covers only one meatball product sold under the Bremer brand. That product is: 32-oz. printed poly film bag packages of fully cooked frozen Bremer FAMILY SIZE ITALIAN STYLE MEATBALLS containing about 64 meatballs per package with BEST BY date of 10/30/26 with timestamps between 17:08 through 18:20 printed on the back of the label. According to the recall notice, the recalled product has an establishment number of EST. 4286B inside the USDA mark of inspection. The products were produced on July 30, 2025. Images of the recalled products packaging can be found here. Where were the recalled meatballs sold? According to the FSIS notice, the recalled product was shipped to Aldi supermarket locations nationwide. Has anyone been harmed from eating the recalled meatballs? As of the recall notices posting date, no one is known to have been injured due to the consumption of the recalled product. However, the issue was discovered after a consumer reported to the FSIS that they found metal fragments in the meatballs. What should I do if I have the recalled meatballs? Given that the recalled product has a 15-month shelf life, the FSIS is concerned that consumers may have purchased the meatballs a while ago, yet might still have them in their freezers or refrigerators. If you think you may have purchased the recalled meatballs, you should check your freezers and refrigerators for them. If you have the recalled products, the FSIS says you should not consume them. Instead, you should throw the product away or return it to its place of purchase. Full details about the meatball recall can be found on the FSISs website here.
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E-Commerce
Last October, 35 major donor families, calling their collaborative The Audacious Project, gathered in California and committed $1.03 billion to more than a dozen nonprofits whose proposed projects span multiple years and take on major challenges.The collaborative, housed at TED, announced the winning nonprofits Tuesday, after spending more than a year selecting the groups and helping them sharpen pitches for larger projects than philanthropic funders typically support. It’s not until the donors meet in person that they decide how much to give to each group.Jennifer Loving, the CEO of the San Jose-based nonprofit Destination: Home, said it was “shock and awe,” when they learned the donors had met their funding request to help expand homeless prevention services to multiple U.S. cities.“It’s not for the faint of heart to work on this issue in America,” Loving said, referencing the stigma around poverty. “And so you kind of brace yourself. You never know if people are going to see what you see and it was beautiful. It was really beautiful.”Connie Ballmer, cofounder of Ballmer Group along with her husband Steve Ballmer, the former CEO of Microsoft and owner of the Los Angeles Clippers, has been a donor since 2021, when she went with one of their sons to learn more about funding around climate change.“Nowhere that I know of can you raise a billion dollars in two days,” she said. “For an organization to raise an amount whether it’s $40, $60, $80 million, I mean, do you know how long that takes them to do that kind of fundraising?”This year, the grantees also include the Arc Institute, a relatively new research group in California, to support its development of a virtual model of a cell that it hopes will help scientists identify treatments for complex diseases like Alzheimer’s.The South Africa-based group, Tiko, also received funding to expand its services for teenage girls, including contraception, HIV treatment and responses to sexual violence. It was the third time Tiko had applied for funding from Audacious, said CEO Serah Joy Malaba, with the hope of scaling their work to reach more girls.In total, 55 major donor families have participated in at least one round of The Audacious Project’s work. The group expands by invitation and the formal criteria that donors be willing to commit at least $10 million to the funding round. Many end up donating more, in part inspired by the commitments that others make in the room.Another donor, Tegan Acton, who cofounded Wildcard Giving along with her husband, Brian Acton, a cofounder of WhatsApp, said she participates because she believes in collective action and values the focus on funding solutions developed by people close to the problems. Acton also said she’s enjoyed seeing how different donors approach their funding decisions.“Some people come and they have a binder printed and they have a thousand tabs with little notes about every project and they’ve marked up the appendices” she said, whereas others, “show up and watch the videos and see what sparks interest.”As part of the application process, finalists record something like a TED Talk that introduces themselves and their project.Loving, from Destination: Home, said the guidance from Audacious and The Bridgespan Group, a nonprofit consulting firm, helped sharpen their plan for scaling their approach to homelessness prevention. The initiative, Right at Home, identifies people and families most at risk of losing their housing and gives them money and support so they don’t. The approach now has won significant public funding in San Jose.“Going through this process was probably one of the most rigorous things we’ve ever done,” Loving said. “I can say with total confidence that it made us smarter.”Loving’s project is a good example of the kind of big change that The Audacious Project seeks to identify. Her group had not aspired to work nationally but identified a solution they think may help other places. Rather than opening new offices or expanding, they will partner with local groups, bring them funding and ask them to participate in research to assess the impact.For the first time this year, some organizations received a second commitment from Audacious donors, including Last Mile Health. Their initial grant in 2018 helped to train many more community health workers in multiple African countries, going from 2,000 to 23,000. This time, they received $20 million to again train more of these front line health workers but also to support an ongoing project to coordinate and mobilize more domestic funding from the countries where they work.“It’s not just a philanthropic investment and then a cliff,” said Lisha McCormick, CEO of Last Mile Health. Instead, the funds will support a reworking of how governments fund their public health systems following major cuts to U.S. foreign aid, which made up a significant portion of some countries’ health budgets.Anna Verghese, executive director of The Audacious Project, said they’d considered making second round grants for a while.“The honest question that we and our donor community had to wrestle with is, what kinds of partners are we if we walk away right when that momentum is building?” she said. Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy. Thalia Beaty, Associated Press
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E-Commerce
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