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California November ballot: a billionaire tax and new local tax limits

California has long been synonymous with high taxes, but new fights over who will pay them are exposing a sharper fault line. The state increasingly reaches for “tax the rich” tools to fund housing and social programs, while anti-tax forces try to constrain those same tools. California’s tax fight is unfolding under a national spotlight. […]

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Harvest Capital, TPG close $600M Metro Development Group line

Harvest Capital, through its exclusive partnership with TPG Credit, closed a $600 million recapitalization and expansion facility for Metro Development Group, the companies announced Wednesday. The transaction, completed at the end of the first quarter of 2026, recapitalizes a portfolio of 10 master-planned communities in Florida and creates a dedicated capital platform to support Metro’s

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