Market Overview The global Building Information Modeling (BIM) market, valued at approximately USD 8.6 billion in 2023, is forecasted to reach USD 24.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 16.3% from 2023 to 2030.…
Penzance, a leading developer in the Mid-Atlantic region for over 20 years, has announced the launch of One Rosslyn, a groundbreaking development set to reshape Arlington’s skyline. Spanning over 900,000 square feet, the project will offer luxurious residential towers, exceptional…
Vitrian, a leading provider of capital and capacity-building solutions for biomanufacturing, announced the close of a $50 million investment—scalable to $65 million—in AmplifyBio’s Manufacturing Enablement Center (AMEC) in New Albany, Ohio. This investment marks the initial phase of Vitrian’s broader…
BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, has announced the opening of a new greenfield distribution center in Portland, Oregon. This facility expands BlueLinx’s presence in the Pacific Northwest, a key growth area, enhancing…
Peakstone Realty Trust (NYSE: PKST), a real estate investment trust specializing in industrial assets, announced its acquisition of a 51-property industrial outdoor storage (IOS) portfolio from a joint venture between Alterra IOS and J.P. Morgan Asset Management’s advised institutional investors.…
The NRP Group, a leading developer, builder, and manager of multifamily housing, in collaboration with the Housing Authority of the City of Austin (HACA), has officially opened Bridge at Estancia, a new 318-unit affordable housing community in Austin, Texas. This…
JUUNOO, a trailblazer in sustainable building design, has secured $6.6M in funding from existing investors to fuel the next phase of its ambitious growth strategy. This stage involves expanding JUUNOO’s sustainable solutions into new sectors, including education, healthcare, and hospitality,…
(NASDAQ: RDFN) — Rising mortgage rates have significantly impacted homebuyers’ purchasing power, with a buyer on a $3,000 monthly budget losing $33,250 over the past six weeks. As the 30-year fixed mortgage rate reached 7% on October 28, Redfin (redfin.com),…
A recent Redfin (NASDAQ: RDFN) survey reveals that 68.7% of millennial and Gen Z homeowners feel financially better off than they were four years ago, compared to only 52.2% of young renters. This gap highlights growing economic inequality between young…
Bonaventure Multifamily Income Trust (BMIT®), a private real estate investment fund focused on high growth and risk-adjusted returns through megatrends like population migration and housing shortages, marks its third anniversary since launching on September 21, 2021. In three years, BMIT®…
Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), in partnership with Frost Bank, awarded $1.5 million in Affordable Housing Program (AHP) grants to Mobile Loaves & Fishes, a Christian social outreach ministry based in Austin, Texas. These…
COPT Defense Properties (NYSE: CDP) (“COPT Defense” or “the Company”) recently acquired a 365-acre parcel near Des Moines, Iowa, for $32 million to support its growing data center shell program. The site, zoned for data center use, can accommodate approximately…