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…
KBR (NYSE: KBR) has secured a $113 million task order to support aeronautical systems research, development, testing, and evaluation for the Air Force Life Cycle Management Center’s (AFLCMC) Mobility Directorate at Wright-Patterson Air Force Base, Ohio. The five-year contract was…
A groundbreaking ceremony has officially launched the construction of the first phase of Kirklees Council’s major regeneration project in Huddersfield town centre, known as Our Cultural Heart. The construction firm BAM has begun work on transforming the former Queensgate Market…
Skanska, in a joint venture with ECCO III Enterprises, Inc., has signed a contract with the New York City Department of Environmental Protection (NYCDEP) for the Hillview Reservoir Chemical Addition Facilities Construction project in Yonkers, NY. The contract, valued at…
RioCan Real Estate Investment Trust (RioCan) announced it will issue $700 million in senior unsecured debentures, divided into two series. The offering includes $500 million in Series AL debentures with a 4.623% interest rate, maturing on October 3, 2031, and…