BML Properties Ltd. has secured a judgment exceeding $1.6 billion against China Construction America (CCA) in a protracted New York lawsuit over the Baha Mar project, winning on all counts. This landmark verdict highlights the significant loss experienced by the…
Luxury real estate development firm SHVO proudly hosted the world’s premier AI conference, TED AI San Francisco, at the recently revitalized Transamerica Pyramid Center, a project completed in collaboration with Foster + Partners. This two-day event, taking place on October…
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics, has announced a definitive agreement to acquire Visual Lease. This strategic acquisition will strengthen CoStar Group’s Real Estate Manager business, enhancing lease management and accounting…
The report “Tanzania Construction Market Size, Trends, and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential, 2024-2028” has been added to ResearchAndMarkets.com’s offerings. Tanzania’s construction industry is projected to grow by 5.8% in 2024, driven…
Chimera Investment Corporation (NYSE: CIM) has announced a definitive agreement to acquire Palisades Group, a U.S.-based alternative asset manager focused on residential real estate credit. Established in 2012, Palisades specializes in managing and investing in various residential real estate assets.…
Angel Oak Mortgage REIT, Inc. (NYSE: AOMR), a leading real estate finance company specializing in first-lien non-QM loans and other U.S. mortgage-related assets, announced the completion of a $317 million securitization, AOMT 2024-10. This securitization is backed by a pool…
Alpaca Real Estate (ARE), an alternative investment management firm, announced today the successful recapitalization of The Axel, a 29-story, 284-unit Class A residential property in Brooklyn, which is currently 97% leased. The transaction, valued at approximately $300 million, highlights ARE’s…
Green Building Materials – A Global Market Overview The global market for green building materials is projected to grow at a CAGR of 10.1% from 2024 to 2030, reaching an estimated $645.5 billion by 2030, up from $363.4 billion in…
BZI® (bzi.com), a leader in innovations for the construction and steel industries, announced that its R&D division, Innovatech®, will debut the new Beam Champ® 30 beam rotator at the FABTECH Expo, booth #S31178, from October 15-17, 2024, at the Orange…
The construction sector in Germany is projected to grow by 2.6%, reaching EUR 241.35 billion in 2024. Despite facing short-term challenges in specific areas, the industry shows strong potential for significant growth. Over the forecast period from 2024 to 2028,…
Document Crunch, the only document compliance platform tailored for the construction industry, has announced the successful raising of $21.5 million in Series B funding. The funding round was led by Titanium Ventures and saw participation from key strategic partner Nemetschek…
Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has partnered with Columbia County to complete the renovation of the historic John Gumm building. This project is a major achievement for Columbia County, reflecting…