Category Press Releases

Kennedy Wilson Expands Student Housing Loan Portfolio to $850M with $184M in New University-Area Financings

Kennedy Wilson, a global real estate investment company and active student housing lender, has closed senior construction loans totaling $184 million for three student housing projects near the University of Wisconsin – Madison, University of North Texas, and University of…

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Franklin BSP Realty Trust, Inc. Completes $1.024 Billion CRE CLO Transaction

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) has successfully closed BSPRT 2024-FL11 (“FL11”), a managed Commercial Real Estate Collateralized Loan Obligation valued at $1.024 billion. This CLO features a 36-month reinvestment period and includes a $100 million acquisition phase specifically…

Read MoreFranklin BSP Realty Trust, Inc. Completes $1.024 Billion CRE CLO Transaction

ABS Approves Bouygues Travaux Publics’ OO-STAR Floating Wind Turbine Foundation

The American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to Bouygues Travaux Publics’ OO-STAR concrete semi-submersible floating platform. This structure can support wind turbines exceeding 20 MW, designed for challenging offshore conditions. The approval marks a significant…

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KBR Secures $113M Contract to Boost Digital Engineering for Future Tanker Programs

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…

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Westinghouse and Bechtel Announce Investment in Poland’s First Nuclear Power Plant

Industry Leaders Reaffirm Commitment to Poland’s First Nuclear Power Plant as Government Announces Funding Westinghouse Electric Company and Bechtel have expressed their support for the Polish government’s plan to allocate 60 billion zloty for the construction of the country’s first…

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