Office REIT OPI Announces Asset Sales and 2025 Notes Redemption Office Properties Income Trust (Nasdaq: OPI) today reported the successful completion of a series of property sales totaling $114.5 million in the fourth quarter of 2024. The sales, which include…
Grand Opening: KB Home Launches New Community in 102 Banning, California KB Home (NYSE: KBH) has officially announced the grand opening of its newest community, Vista Robles, located in Banning, California, within the desirable Riverside County neighborhood. The community offers…
Venture: SiteOne and Devil Mountain Acquire Pacific Nurseries venture, Devil Mountain Wholesale Nursery, has successfully acquired Pacific Nurseries, a wholesale distributor of nursery products based in Colma, California, located in the San Francisco Bay Area. This acquisition is a critical…
Technologies: Trane Technologies Acquires BrainBox AI Trane Technologies (NYSE: TT), a global leader in climate innovation, has officially completed its acquisition of BrainBox AI, a trailblazer in autonomous HVAC controls and generative Artificial Intelligence (AI) for building technologies. This acquisition,…
Designer Studio Appoints Tyler Vieira CEO, Granet Remains Chairman Studio Designer, the leading business management software platform serving over 20,000 interior designers, has announced the promotion of Tyler Vieira to Chief Executive Officer (CEO), effective immediately. This strategic leadership transition…
Credit Facility: Ladder Secures $850M to Cut Debt Costs Ladder Capital Corp (NYSE: LADR), a leading diversified commercial real estate finance platform, has announced the successful closing and subsequent upsizing of its revolving credit facility (the “Credit Facility”) to $850…
New CEO Gary Smalley Takes the Helm at Tutor Perini Tutor Perini Corporation (NYSE: TPC), a prominent leader in civil, building, and specialty construction, has announced the appointment of Gary Smalley as its new CEO and member of the Board…
Casago and Vacasa Announce Strategic Merger of Premier Vacation Rental Brands Casago, a leading vacation rental property management company, and Vacasa, a top vacation rental management platform in North America, have officially announced a strategic merger. Under the terms of…
Redfin Reports Housing Supply Hits Four-Year High Due to Unsold Homes In November, the number of active listings—the total homes for sale—reached its highest point since 2020, showing a 0.5% increase from the previous month and a 12.1% jump from…
Multifamily Sale Sets Record: $116M Deal on California’s Central Coast Brokered by IPA Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has announced the sale of La Vista Apartments, a 460-unit multifamily community in Santa Maria,…
Real Estate Group Inland Mourns Loss of Co-Founder G. Joseph Cosenza The Inland Real Estate Group of Companies, Inc. (“Inland”) announces with deep sorrow the passing of G. Joseph Cosenza, co-founder, Director, Vice Chairman, and President of Inland Real Estate…
AECOM, the trusted global infrastructure leader announced AMP8 UK Water Frameworks that it has achieved record success on major Water sector wins associated with the UK’s new Asset Management Period 8 (AMP8). In total, the Company has sustained a 100%-win…