Construction & Property News

Get the latest updates on the construction and real estate industries from around the globe. Discover insights on new construction projects, market trends, technological advancements, and major real estate developments. Stay informed and ahead in the industry.

Dec 4, 2025 at 7:08 PM

Fixed Summit Returns After Sold-Out 'Multifamily Movement' Debut

DALLAS--(BUSINESS WIRE)--HappyCo announces the return of Fixed Summit, the first conference built exclusively for multifamily maintenance and facilities professionals. Taking place April 27-29, 2026 at Hyatt Lost Pines Resort in Austin, Texas, the event presents an action-packed, immersive lineup of experiences designed to train, certify, and celebrate the professionals who keep properties running. Following a sold-out inaugural year that industry leaders called "a multifamily maintenance movem...
Dec 4, 2025 at 7:00 PM

Hudson Pacific Sells Element LA Office Campus

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced the sale of Element LA, a 284,000-square-foot office campus located in West Los Angeles. Hudson Pacific sold the property for $150 million and received a separate $81 million payment for terminating the existing lease. Transfer taxes for the sale transaction were paid by the buyer. The company used the gross proceeds from th...
Dec 4, 2025 at 7:00 PM

Hudson Pacific Properties Updates Fourth Quarter FFO Outlook and Full-Year Assumptions

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company" or "Hudson Pacific"), a unique provider of end-to-end real estate solutions for tech and media tenants, today updated its FFO outlook for the fourth quarter of 2025 to a range of $0.15 to $0.25 per diluted share, excluding the specified items described below, along with updated full-year assumptions (see table below). Fourth quarter FFO outlook assumes fully diluted weighted average common stock/units of 65...
Dec 4, 2025 at 5:00 PM

Seritage Growth Properties Makes $20 Million Loan Prepayment

NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $20.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”). With the prepayment, the Company has now repaid a total of $1.55 billion since December 2021 and $50 million of the term...
Dec 4, 2025 at 5:00 PM

Vantage Data Centers Appoints Robin Balen as Chief Product Officer to Lead Newly Created Product Organization

DENVER--(BUSINESS WIRE)--Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the appointment of Robin Balen as chief product officer (CPO) to lead the company’s recently created product organization. A seasoned technology and business leader with more than 25 years of experience, Balen will spearhead Vantage’s global product vision and roadmap, partnering across regions and functions to accelerate and scale innovation and deliver world-class solut...
Dec 4, 2025 at 4:30 PM

Chemours Appoints Michael Foley as President of Titanium Technologies; Announces Departure of Damián Gumpel

WILMINGTON, Del.--(BUSINESS WIRE)--Chemours Appoints Michael Foley as President of Titanium Technologies; Announces Departure of Damián Gumpel...
Dec 4, 2025 at 4:30 PM

Owens Corning Announces 15% Dividend Increase

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.79 per common share, a 15% increase compared to the prior quarterly dividend. The dividend will be payable on January 21, 2026, to shareholders of record as of January 5, 2026. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company’s earnings, financial condition, cash requirements, future...
Dec 4, 2025 at 4:22 PM

FHLB Dallas and Hancock Whitney Bank Commit More Than $500K in Grants to Help Gulf Coast Homeowners Rebuild after Disasters

NEW ORLEANS--(BUSINESS WIRE)--Nearly 40 Gulf Coast homeowners will receive support to rebuild their homes thanks to a more than $500,000 disbursement* from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Hancock Whitney Bank. The banks celebrated the investment in community resilience at a ceremonial check presentation with a local homeowner and Rebuilding Together New Orleans, a local nonprofit that helped facilitate grants for 12 residents in New Orleans, Louisiana. The grants, funded...
Dec 4, 2025 at 4:15 PM

American Tower Corporation Declares Quarterly Distribution

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors has declared a quarterly cash distribution of $1.70 per share on shares of the Company’s common stock. The distribution is payable on February 2, 2026 to the stockholders of record at the close of business on December 29, 2025. About American Tower American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate wi...
Dec 4, 2025 at 4:15 PM

VICI Properties Inc. Declares Regular Quarterly Dividend

NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties”) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.45 per share of common stock for the period from October 1, 2025 to December 31, 2025. The dividend will be payable on January 8, 2026 to stockholders of record as of the close of business on December 17, 2025. About VICI Properties VICI Properties Inc. is an S&P 500® experiential real estate investment trust that o...
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