Construction & Property News

MIAMI BEACH, Fla.--(BUSINESS WIRE)--Marcus & Millichap’s IPA Capital Markets Arranges $75.1 Million Recapitalization for The Monroe Hotel in Miami Beach’s Faena District...

CLEVELAND--(BUSINESS WIRE)--ErieView Development today announced the closing of financing for the $218 million conversion of Erieview Tower — turning the 40-story 1964 landmark at East Ninth Street and St. Clair Avenue into the 210-key W Cleveland hotel, expected to be the first W Hotel in Ohio, and 215 W Apartments offered for rent rather than for sale, a first for the brand worldwide. The hotel and residences are scheduled to open around late 2027. The amenity program is the most extensive as...

BALL GROUND, Ga.--(BUSINESS WIRE)--Ameribrands, a diversified platform of specialized businesses serving the restaurant, retail, hospitality, entertainment, education and facilities sectors, recently announced the acquisition of Randal Retail Group, a leading provider of retail design, fixture manufacturing, merchandising displays and installation services. The acquisition significantly strengthens Ameribrands’ retail capabilities and advances its strategy of building a premier national platfor...

ROSWELL, Ga.--(BUSINESS WIRE)--Eirion Risk Underwriters launches an Inland Marine program: broad appetite, up to $25M capacity, and direct underwriter access....

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Acadia Healthcare Company, Inc. (NasdaqGS: ACHC).On September 27, 2024, the Company disclosed the receipt of a voluntary request for information from the U. S. Attorney’s Office for the Southern District of New York as well as a grand jury subpoena from the United States District Court...

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa” or the “Company”), a provider of infrastructure-related products and solutions, today announced that the Company’s stockholders approved the acquisition by CRH (NYSE: CRH) at its special meeting on September 4, 2026. Arcosa will disclose the final, certified voting results on a Form 8-K with the U.S. Securities and Exchange Commission. As previously announced, Arcosa and CRH have entered into a merger agreement for CRH to acquire 100%...

NEW YORK--(BUSINESS WIRE)--KBRA releases the August 2026 issue of CMBS Trend Watch. As summer draws to a close, private label CMBS issuance remains robust, with August posting its strongest monthly volume since the start of the decade. During the month, 21 deals totaling $11.6 billion priced, including 15 single-borrower (SB) and six conduit transactions. This brought year-to-date (YTD) issuance to $90.2 billion, up 14.6% from the same period last year. Commercial real estate (CRE) collateraliz...

RICHMOND, Va.--(BUSINESS WIRE)--One Tredegar Transformation Update...

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Rich Lewis, president, and chief executive officer will present at the Jefferies 2026 Global Industrials Conference on Tuesday, September 9, 2026, beginning at 9:30 a.m. ET. Brad Pogalz, chief financial officer, will present at the Morgan Stanley 14th Annual Laguna Conference on Tuesday, September 15, 2026, beginning at 1:00 p.m. E...

INDIANA COUNTY, Pa.--(BUSINESS WIRE)--Homer City Generation, L.P., today announced that the workforce building the Homer City Energy Campus has surpassed 1,800 direct-hire tradespeople and skilled contractors active on the project site, including members of nine local union organizations and a broad cross-section of Pennsylvania’s building and construction trades. As construction activity further accelerates, the workforce is expected to grow to approximately 2,000 total workers by year-end, pa...