Residential Building & Real Estate News

MADRID--(BUSINESS WIRE)--Larimar City & Resort, the smart city being developed in the Dominican Republic by the Spanish company CLERHP, has successfully concluded its participation at SIMA 2026, receiving an outstanding response from the professional audience and reinforcing its position as one of the most promising international real estate projects in the market. Throughout the event in Madrid, Larimar attracted the attention of real estate operators, investors, sales networks, and potent...

FORT GORDON, Ga.--(BUSINESS WIRE)--Balfour Beatty Communities, a longtime partner of the Department of Defense, joined U.S. Army Fort Gordon leadership and military families on Wednesday, May 20 to celebrate the completion of the first new homes at Pine Tree Terrace, part of an over $50 million housing investment at Providence Family Homes, the installation’s privatized military housing community. The ribbon‑cutting ceremony marked a significant milestone in Balfour Beatty Community’s long‑term...

NEW YORK--(BUSINESS WIRE)--KBRA assigns a BBB+ Insurance Financial Strength Rating (IFSR) to Frontline Insurance Reciprocal Exchange (“FIRE” or the “Exchange”). The Outlook for the rating is Stable. Key Credit Considerations FIRE is a newly formed Florida-domiciled reciprocal insurer established to write admitted Florida residential property business, primarily homeowners and fire/dwelling coverage. The rating reflects adequate initial capitalization and manageable projected underwriting levera...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Hunt Military Communities (HMC), the nation's largest privatized military housing operator with more than 60,000 homes across 59 military installations serving more than 175,000 residents, today announced it has earned the 2025 SatisFacts Resident Satisfaction Award at the company level for the seventh consecutive year, alongside recognition for dozens of individual communities and neighborhoods across all five military branches. The SatisFacts Resident Satisfa...

AUSTIN, Texas--(BUSINESS WIRE)--Amy Porterfield, John Lee, Dan Buettner, Shawn Johnson East, and Andrew East to headline KW’s CEO Summit....

PRICE, Utah--(BUSINESS WIRE)--Hunt Capital Partners and CJM Development Group announce the grand opening of Homestead Landing Apartments, which took place on April 22. Located in Price, Utah, the brand-new residential development introduces 168 affordable two- and three-bedroom homes dedicated to households earning up to 60 percent of the Area Median Income. The newly constructed community provides residents with a comfortable, modern living experience. Each apartment home features central air...

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN) (“Granite REIT” or “Granite”) today announced the acceptance by the Toronto Stock Exchange (the “TSX”) of Granite’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, Granite proposes to purchase through the facilities of the TSX and any alternative trading system in Canada, from time to time over the next 12 months, if considered advisable, up to an aggregate of 6,038,313 of Granite...

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a global company that redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s most successful brands, announced today that its Board of Directors declared a quarterly dividend of $0.88 per share of common stock. The dividend will be payable on June 29, 2026 to stockholders of record as of the close of business on June 8, 2026. Future d...

HUNT VALLEY, Md.--(BUSINESS WIRE)--Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) today announced that Matthew Gourmand, President of Omega, will become the Company’s Chief Executive Officer in conjunction with the planned retirement of Taylor Pickett effective October 1, 2026. Mr. Pickett will step down from the Board of Directors upon his retirement, and the Board of Directors intends to appoint Mr. Gourmand to the Board, effective on that date. Omega also announced t...

ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced another milestone in recovery efforts following the Eaton Fire, with more than 1,200 individual claimants paid through the Wildfire Recovery Compensation Program. “Every payment represents a step forward for someone after the Eaton Fire,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “We remain focused on moving claims forward as efficiently and thoughtfully as possible, recog...