Construction & Property News

ARLINGTON, Va.--(BUSINESS WIRE)--Today Apartments.com, an industry-leading online marketplace of CoStar Group (NASDAQ: CSGP), published its latest report on multifamily rent trends for December 2025. U.S. apartment rents grew in December, with the national average increasing to $1,708 — a +0.1% increase from November’s upwardly revised figure of $1,707. This uptick marks a reversal of the previous five consecutive month trend of flat or negative monthly rent change. Annual rent growth eased mar...

SALT LAKE CITY & TOKYO--(BUSINESS WIRE)--Monnit, a global leader in Internet of Things (IoT) solutions, today announced a master partnership with Tokyo-based Widetec, a leading IT firm....

RICHMOND, Calif.--(BUSINESS WIRE)--City Ventures, California’s leading builder of solar-powered, ecologically responsible homes, has announced the highly anticipated Grand Opening of Parkside at Cherry Blossom Row, an all-electric, solar-powered townhome community located within the East Bay in the Richmond Annex. Pristine, beautifully furnished model homes will open to the public on Saturday, January 10 from 11 am to 2 pm. “Parkside at Cherry Blossom Row’s prime location makes it a standout ch...

LOS ANGELES--(BUSINESS WIRE)--SHAWOOD, the premier brand of the globally respected Sekisui House group, announces its participation in the Builders Alliance, a coalition of ten licensed builders dedicated to accelerating recovery for homeowners affected by the LA wildfires. The nonprofit organization was formed to support community recovery by making home rebuilding accessible and doable for as many homeowners as possible. Its AI-driven platform allows users to choose from rigorously vetted hom...

FARMINGTON, N.M.--(BUSINESS WIRE)--Navajo Transitional Energy Company (NTEC) is proud to announce the completion of the first 15 home solar installations funded by the U.S. Department of Energy (DOE) for NTEC’s Navajo Sun Power! program. The DOE awarded NTEC $2.6 million in 2024 to support the company's installation of solar units on 125 Navajo homes in rural parts of the Navajo Nation over the next five years. The DOE will cover 75 of the installations and NTEC will cover the cost for the rema...

NORFOLK, Virginia--(BUSINESS WIRE)--Titan America SA (NYSE: TTAM) (“Titan America” or the “Company”), a leading fully-integrated producer and supplier of building materials, services and solutions in the construction industry operating along the U.S. East Coast, today announced that it has entered into an agreement to acquire Keystone Cement Company, a Pennsylvania-based cement manufacturer and aggregates producer (“Keystone”), from the Fortaleza, Uniland and Tritadura groups. This transaction...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on February 27, 2026 to stockholders of record as of January 30, 2026. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwar...

CINCINNATI--(BUSINESS WIRE)--LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will issue fiscal 2026 second quarter results before the market opens on Thursday, January 22, 2026. A conference call will be held that same day at 11:00 a.m. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call a...

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a build-to-suit lease in December 2025 with a Fortune 100 Company in San Antonio, Texas. Construction is expected to commence on this 132,000 square foot, high-security specialized facility in the third quarter of 2026, with rent commencement expected in the fourth quarter of 2027. The anticipated capital commitment to this development project is $88 million, which densifies the Compan...

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its fourth quarter 2025 earnings on February 4, 2026 after the market close. The Company will hold a conference call on February 5, 2026 at 1:00 PM Eastern Time (ET) to discuss its fourth quarter 2025 results. Live Conference Call Details Domestic: (877) 407-9716 International: (201) 493-6779 Webcast: https://investors.avalonbay.com   Details for the Replay of the Conference Call Domestic: (844...