Construction & Property News

SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of an underwritten public offering of 2,000,000 shares of its 9.25% Series B Cumulative Redeemable Preferred Stock, par value $0.001 per share (the “Series B Preferred Stock”), at a price of $25.00 per share, for gross proceeds of $50,000,000. The Company granted the underwriters of the offering a 30-day option to purchase up to an additional 300,000 shares of the Company’...

TORONTO--(BUSINESS WIRE)--Marcus & Millichap and Brown & Brown Expand Preferred Partner Relationship into Canada...

SAN FRANCISCO--(BUSINESS WIRE)--BRIDGE Housing announced today that S&P Global Ratings has upgraded the company’s credit rating to AA from AA-, earning it the highest rating assigned to a nonprofit housing provider.S&P cited “extremely strong” management, financial performance, and debt profile in raising BRIDGE’s issuer credit rating and long-term rating on the company’s outstanding debt to AA, while maintaining a stable outlook. The credit rating agency noted that BRIDGE remains a “mar...

CONROE, Texas--(BUSINESS WIRE)--Hertha Metals today broke ground on Hertha Chalyx, its first commercial plant, designed to produce about 10,000 metric tons a year of steel-grade and magnet-grade high-purity iron combined. Built next to Hertha's Pi100 pilot plant, Chalyx forms the first modern iron and steel innovation complex in the U.S., where Hertha will develop and scale its process for making primary iron and steel. Hertha developed the world's first single-step process for making iron and...

DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2026 third-quarter financial results on Thursday, Oct. 22, before the market opens. Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m. ET, to review the company's results. The real-time webcast and a replay of the event w...

MALVERN, Pa.--(BUSINESS WIRE)--Triple-I urges residents along the northern Gulf Coast from Louisiana to Florida to prepare for the impacts of Hurricane Isaias....

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) (“MFA” or the “Company”) today announced upcoming changes to its executive leadership positions as part of the Company’s long-term succession planning. The leadership changes, which will take effect in 2027, are described below: Chief Executive Officer Craig L. Knutson, 67, MFA’s Chief Executive Officer, will retire from his position, effective June 30, 2027. To facilitate continuity and provide the Company’s Board of Directors (the “Bo...

ARLINGTON, Va. & CHICAGO--(BUSINESS WIRE)--Vivmark Residential (NYSE: VMRK) today announced that the Company will release its third quarter 2026 operating results on Wednesday, November 4, 2026, after the close of market and host a conference call to discuss those results on Thursday, November 5 2026, at 1:00 P.M. Eastern. The conference call will be available via webcast on the Investor section of www.vivmarkresidential.com. Vivmark Residential was created through a merger of equals between Av...

NEW YORK--(BUSINESS WIRE)--In the second paragraph, second sentence of release dated Sept. 30, 2026, the hyperlink to the earnings call registration has been updated.The updated release reads:VICI PROPERTIES INC. ANNOUNCES RELEASE DATE FOR THIRD QUARTER 2026 RESULTSVICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its third quarter 2026 financial results on Wednesday October 28, 2026 after the close of trading on the New York Stock Exchan...

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation Sets Dates for Third Quarter 2026 Earnings Release and Conference Call...