Cornerstone Building Brands & Lady A Partner to Rebuild Hurricane-Damaged Homes
Cornerstone Building Brands, a leading North American manufacturer of exterior building products, has joined forces with LadyAID, the charitable initiative founded by GRAMMY® Award-winning trio Lady A, to donate $50,000 in exterior building products to Habitat for Humanity. This contribution…
Homebuilders Set to Expand in Hutto
Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), and Meritage Homes (NYSE: MTH) have announced the launch of Prairie Winds, a new residential community in Hutto, Texas, located at CR 1660 and Limmer Loop. Set to…
Homebuyers Lose $33,000 in Purchasing Power in 6 Weeks as Mortgage Rates Reach 7%
(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),…
Blyncsy Releases U.S. Highway Map of Roadway Assets for Safer, Smarter Infrastructure
At the 2024 AASHTO Annual Meeting & Expo, Blyncsy, a subsidiary of Bentley Systems Inc. (Nasdaq: BSY), announced the release of a detailed public map of interstate highways across the continental United States. This map highlights essential roadway assets such…
Young Homeowners More Likely Than Renters to Feel Financially Better Off Than Four Years Ago
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…
BMIT® Celebrates Three Years of Strong Returns and Portfolio Growth
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®…
FHLB Dallas and Frost Bank Award $1.5M for Affordable Housing for the Chronically Homeless
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 Acquires Land for Data Center Development in Iowa and 80,000-Sq-Ft Building in Texas
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…
Porch Group Secures Regulatory Approval for Reciprocal Exchange, Marking a Key Milestone
Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a platform for homeowners insurance and vertical software solutions, announced that the Texas Department of Insurance (TDI) has approved its application to establish and license the Porch Insurance Reciprocal Exchange (PIRE),…
Terreno Realty Corporation Announces New Development Launch in Hialeah, FL
Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) (“SHG” or the “Company”), a leading aviation infrastructure firm developing the first national network of Home-Basing campuses for business aircraft, has successfully completed the initial phase of its planned equity raise.…
Encore Bank Collaborates with Qualia to Simplify Real Estate Closing Services
Encore Bank, a leading commercial bank recognized for its advanced escrow banking services, has announced a strategic partnership with Qualia, a top digital real estate closing platform in the U.S. This collaboration aims to transform the real estate closing experience…
Arc Capital Partners and Belay Investment Group Complete Sale of West Hollywood Retail Property
Arc Capital Partners (“Arc”) and Belay Investment Group (“Belay”) have completed the sale of their investment in a fully leased, 18,800-square-foot retail property at 8777-8783 Beverly Blvd and 308-314 N Robertson Blvd in West Hollywood, CA. The property includes a…