Construction & Property News

SAN FRANCISCO--(BUSINESS WIRE)--Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced the sale of Indigo 19, a 196-unit Class A apartment community in Virginia Beach, Va. Hamilton Zanze sponsored the acquisition of the property in January 2020.“We’re pleased with the sale of Indigo 19 following a competitive process that delivered a positive outcome for our investors,” said Anthony Ly, senior director of transactions at Hamilton Zanze. “Limited new supp...

NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) today released Week 2 of its Better 2.0 Weekly Report Card, a public record of the company’s turnaround published every Tuesday. Since October 13, Better has taken additional actions expected to generate $9.36 million in annualized savings. Combined with the ~$13.2 million in annualized reductions initiated in the first week, Better expects these actions to deliver $22.56 million in annualized savings as it work...

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2026 financial results after the closing of trading on the New York Stock Exchange on Tuesday, November 3, 2026. A conference call to discuss CMTG’s financial results will be held on Wednesday, November 4, 2026, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-461-5787 and referencing the Claros Mortgage Trust, Inc. teleconfer...

WESTCHESTER, Ill.--(BUSINESS WIRE)--Ritchie Bros., an RB Global, Inc. company (NYSE: RBA) (TSX: RBA), continues to expand the ways customers buy and sell equipment on rbauction.com. Today the company announced that "Buy Now" and "Make Offer" purchasing options are live across North America, adding more than 10,000 additional listings to rbauction.com and giving customers a choice of online bidding in unreserved auctions, fixed-price purchase with Buy Now, or submitting offers to sellers using t...

BLOOMINGTON, Minn.--(BUSINESS WIRE)--Neal Lackritz will lead The Toro Company’s enterprise technology strategy with responsibility for accelerating breakthrough innovations....

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the third quarter 2026 after the market closes on Tuesday, October 27, 2026. The Company will not be holding a conference call/webcast this quarter. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that...

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.40625 per each issued and outstanding share of the Company’s 6.50% Series A Cumulative Redeemable Preferred Stock, which represents an annual dividend of $1.625 per share. The dividend is payable on December 15, 2026 to KREF’s preferred stockholders of record as of November 30, 2026. About KKR Real Estate Finance Trust Inc. KREF...

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced a new certification pathway designed to help manufacturers of modular direct current (DC) energy storage systems, used for backup power for critical infrastructure and grid-scale energy storage, bring systems to market with greater flexibility and clearer documentation for installation reviews. An energy storage system captures energy so it can be stored for later use and prov...

BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (NYSE: BCC) will host a webcast and conference call to discuss third quarter 2026 earnings on Tuesday, November 3, 2026, at 11 a.m. Eastern. To join the webcast, go to the Investors section of our website at www.bc.com/investors and select the Event Calendar link. Analysts and investors who wish to ask questions during the Q&A session can register for the call here. The archived webcast will be available in the Investors section of Boise...

DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) will release financial results for the second quarter of fiscal year 2027 ended September 30, 2026, on Wednesday, November 4, 2026, before the open of the NYSE and will host an investor conference call the same day, Wednesday, November 4, 2026, at 8:30 am Eastern Time (7:30 am Central Time). The call can be accessed as follows: Webcast and slide presentation: ir.eaglematerials.com/webcasts-presentations The slides will be available for d...