Residential Building & Real Estate News

DULUTH, Ga.--(BUSINESS WIRE)--As Korean companies accelerate their expansion into the United States—building manufacturing plants across the Midwest, Southeast, and beyond—the headlines often focus on investment size, job creation, and government incentives. What is rarely discussed, however, is the invisible support system that determines whether those multi-billion-dollar projects succeed or struggle once construction begins. Behind many of these projects stands C&Y Engineering, a U.S.-li...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed certificates from GS Mortgage-Backed Securities Trust 2026-NQM1 (GSMBS 2026-NQM1). GS Mortgage-Backed Securities Trust 2026-NQM1 (GSMBS 2026-NQM1), is a $410.6 million RMBS transaction sponsored by Goldman Sachs Mortgage Company (Goldman Sachs). The transaction is collateralized by a pool of 1,076 fixed-rate residential mortgages (FRM; 100.0%), and includes a meaningful concentration of collateral that...

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2025 distributions to shareholders. The 2025 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Qualified Return of Capital Gain Unrecaptured Section 1250 Capital Gain Section 199A Section 897 Date Date Per Share Dividend Dividend Capital (20% rate) (25% rate) Dividend Gain 1/2/2025 1/15/2025...

DULUTH, Ga.--(BUSINESS WIRE)--C&Y Engineering, a U.S.-based structural engineering firm specializing in industrial and manufacturing facilities, announced that it is emerging as a critical partner for Korean companies entering the U.S. market by addressing one of the most underestimated challenges: local structural design and permitting risk. Unlike Korea’s standardized design environment, the U.S. structural engineering system places legal responsibility on the Engineer of Record and requi...

IRVINE, Calif.--(BUSINESS WIRE)--BrightSky Residential, a leading Build-To-Rent developer, names Donny Fineberg to lead relationships with institutional and private investors....

SACRAMENTO, Calif.--(BUSINESS WIRE)--California Housing Finance Agency announces the latest round of the Dream For All down payment assistance program. Applications start February 24....

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) is proud to be recognized among the “Most Honored Companies” in Extel’s 2025 All-America Executive Team rankings. Carlisle was awarded first place in several categories for the third year in a row, receiving top rankings in 7 out of 8 categories in the Homebuilders & Building Products industry. “We are pleased to receive recognition from the investment community in the All-America Executive Team rankings among a...

PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK), a diversified homebuilding and land development company, announced today that several of its master-planned communities have been recognized among the top developments both nationally and in North Texas. Green Brick Partners earned spots on two prestigious national rankings for 2025—the John Burns Research and Consulting (JBREC) “Top 50 Master-Planned Communities Nationally” list and the RCLCO “Top 50 Master-Planned Communi...

MILFORD, Conn.--(BUSINESS WIRE)--QTL Lighting announced today its PERI, ESSENTIALS, and MICRO 5 LED lighting families earned third-party certified Environmental Product Declarations (EPDs). The three product lines join a growing list of EPD-rated QTL solutions, helping architects, designers, and specifiers make more informed sustainability decisions, without compromising performance. EPDs are standardized, transparent reports that describe a product’s carbon impact across its full life cycle, i...

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2025-REV1, a $350 million asset-backed securitization (ABS) backed by consumer loans originated on the Pagaya network. This transaction is the first of its kind for Pagaya’s personal loan business and establishes another form of long-term capital supplementing Pagaya’s ma...