Acquisition of 340-Unit Portland Housing Community Preserves Low-Income Apartments
BRIDGE Housing has acquired Bethany Meadows, an affordable housing community located near Beaverton, Oregon, ensuring the long-term affordability of 340 apartments that were at risk of transitioning to market-rate rents. “We are accelerating our efforts in both development and acquisition…
NRP Group and CAHFC Open Centro35 Affordable Housing in San Marcos
The NRP Group, a leading developer, builder, and manager of multifamily housing, in partnership with the Capital Area Housing Finance Corporation (CAHFC), announced the grand opening of Centro35, a 330-unit affordable housing community in San Marcos, Texas. This development provides…
China Construction Industry 2024-2028: Government Investment Fuels Green Infrastructure Growth
China’s construction industry is projected to grow by 7.4% in 2024, reaching CNY 9.13 trillion, with a steady CAGR of 6.4% expected through 2028, resulting in an estimated CNY 11.72 trillion by that year. This growth will be supported by…
AZEK Expands 2025 Lineup with New Premium Railing and Eco-Friendly Exterior Trim
The AZEK Company Inc. (NYSE: AZEK), a leader in sustainable, low-maintenance outdoor products like TimberTech® Decking, Versatex® Trim, and StruXure® Pergolas, has announced its 2025 lineup with new offerings that redefine outdoor spaces. The new products—Reliance Rail™, Fulton Rail®, and…
ECI Software Solutions Acquires Avid Ratings, Boosting Homebuilder Customer Experience
ECI Software Solutions, a global provider of cloud-based business management software, has announced its acquisition of Avid Ratings, a Madison, Wisconsin-based leader in customer experience solutions for the homebuilding industry. This acquisition strengthens ECI’s homebuilder-focused software suite by integrating advanced…
Turkey Construction Equipment Market to Reach 34,388 Units by 2029, Growing at a 5.3% CAGR
The Turkey Construction Equipment Market, valued at 25,191 units in 2023, is projected to reach 34,388 units by 2029, with a compound annual growth rate (CAGR) of 5.32%. Key Market PlayersMajor players like Caterpillar, Komatsu, Liebherr, XCMG, SANY, Hitachi Construction…
Jones Street Investment Partners Celebrates 75 Canal Ribbon-Cutting
Jones Street Investment Partners celebrated the grand opening of 75 Canal, a 250-unit Class-A multifamily community in downtown Manchester, NH. The event included speeches from Jones Street CEO Matt Frazier, Mayor Jay Ruais, and other local representatives. “We’re excited to…
RMCRC Launches New Affordable Housing Project in Avondale, AZ to Support Community Needs
Rocky Mountain Community Reinvestment Corporation (RMCRC), a nonprofit focused on affordable housing, has announced the completion of the Norton Circle Apartments in Avondale, Arizona. This redevelopment, in partnership with the Housing Authority of Maricopa County (HAMC), replaces a 5.7-acre site…
Greenland Resources Completes Social Impact Assessment
Greenland Resources Inc. (Cboe CA: MOLY | FSE: M0LY) has announced that, following its submissions on January 3, 2023, and May 8, 2024, the Greenland government has approved the Social Impact Assessment (SIA) for its Malmbjerg molybdenum project. With this…
Modiv Industrial Announces Dividends and Lower Reinvestment Discount
Modiv Industrial, Inc. (NYSE: MDV), the only public REIT solely focused on acquiring industrial manufacturing properties, announced a regular quarterly cash dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock for Q4 2024. This…
Global Strategic Business Report on Building Information Modeling (BIM) to 2030
Market Overview The global Building Information Modeling (BIM) market, valued at approximately USD 8.6 billion in 2023, is forecasted to reach USD 24.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 16.3% from 2023 to 2030.…
Penzance Unveils “One Rosslyn” – A Luxury Residential Development
Penzance, a leading developer in the Mid-Atlantic region for over 20 years, has announced the launch of One Rosslyn, a groundbreaking development set to reshape Arlington’s skyline. Spanning over 900,000 square feet, the project will offer luxurious residential towers, exceptional…