Commercial Building & Real Estate News

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPT) today announced financial and operating results for the third quarter ended September 30, 2026, as well as certain events occurring subsequent to quarter end. Net income of $0.34 and Normalized Funds from Operations (“NFFO”) of $0.11 for the 2026 third quarter, all on a per share basis; Completed the previously announced private offering of approximately $2.4 billion of secured notes, the proc...

OTTAWA, Ontario--(BUSINESS WIRE)--Solink®, a leader in AI Vision Intelligence, today announced more than $100 million in new funding led by Vertu Capital, with material participation from existing investor Growth Equity at Goldman Sachs Alternatives and participation from new investors, Golub Growth and Comcast Ventures. The investment will accelerate Solink's expansion into AI Vision Intelligence, bringing AI-powered insights to businesses’ physical operations and defining what the company bel...

IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the third quarter ended September 30, 2026. Third Quarter 2026 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: Net sales were $3.9 billion, a decrease of 2.2%, primarily due to a lower housing starts environment and related headwinds. The decline reflects lower core organic net sales as well as commodity deflation, partially offset by growth from acquisitions. Gross profit wa...

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that it has entered into a new 10-year management contract for the continued provision of support services at the GEO-owned 1,635-bed Northwest ICE Processing Center located in Tacoma, Washington. Support services at the Northwest ICE Processing Center are expected to include security, maintenance, and food services, as well as access to recreational amenities, medical care, and transport...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended September 30, 2026. Third Quarter 2026 Results Net income attributable to Granite totaled $3 million, or $0.07 per diluted share, compared to net income attributable to Granite of $103 million, or $1.98 per diluted share, for the same period in the prior year. Current period net income was unfavorably impacted by $162 million of net non-operating charges associated with settling the conversio...

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop arranged $117,300,000 to refinance three multifamily communities across the Austin and Dallas-Fort Worth metropolitan areas....

ARLINGTON, Texas--(BUSINESS WIRE)--Forestar reported net income of $59.2 million or $1.15 per diluted share in its fourth fiscal quarter of 2026....

NEW YORK--(BUSINESS WIRE)--CRH (NYSE: CRH), the leading provider of building materials, today reported third quarter 2026 financial results. Total revenues of $11.4 billion (Q3 2025: $11.1 billion) were 3% ahead of the prior year driven by positive pricing momentum, resilient underlying demand, and contributions from acquisitions. Net income of $1.2 billion (Q3 2025: $1.5 billion) was lower than the prior year, primarily impacted by Loss on impairments. Adjusted EBITDA* of $2.7 billion was in l...

LONDON--(BUSINESS WIRE)--London City Core saw an increase in office demand, as vacancy rates for best-in-class space fall to 2.1%, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets.The Square Mile has accounted for over 42% of Central London demand for 4-Star offices so far in 2026, compared with just 18% for 5-Star offices.“The strength of the flight-to-quality trend, a fundamental part of which is loca...

HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program under which up to $150.0 million or 1.0 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management (collectively, the “Repurchase Plan”). The previous stock repurchase program, which authorized the repurchase of up to $85.0 million or 2.5 million shares of common stock,...