Construction & Property News

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May 24, 2026 at 7:00 PM

Oasis Proposes Truly Independent Outside Director Candidate for Mirait AGM to Accelerate Business Growth and Improve Corporate Governance (Securities Code: 1417 JT)

HONG KONG--(BUSINESS WIRE)--Oasis Management Company Ltd. ("Oasis") is the manager to funds that beneficially own shares of Mirait One Corporation (1417 JT) ("Mirait" or the "Company"). Oasis has adopted the Japan FSA's "Principles of Responsible Institutional Investors" (a.k.a. the Japan Stewardship Code) and, in line with those principles, Oasis monitors and engages with its investee companies. Oasis has been working to improve corporate governance of Mirait through continuous dialogue as a l...
May 22, 2026 at 1:20 PM

Balfour Beatty Communities and U.S. Army Fort Gordon Celebrate First New Homes in $50 Million Housing Investment

FORT GORDON, Ga.--(BUSINESS WIRE)--Balfour Beatty Communities, a longtime partner of the Department of Defense, joined U.S. Army Fort Gordon leadership and military families on Wednesday, May 20 to celebrate the completion of the first new homes at Pine Tree Terrace, part of an over $50 million housing investment at Providence Family Homes, the installation’s privatized military housing community. The ribbon‑cutting ceremony marked a significant milestone in Balfour Beatty Community’s long‑term...
May 22, 2026 at 12:03 PM

KBRA Assigns Rating to Frontline Insurance Reciprocal Exchange

NEW YORK--(BUSINESS WIRE)--KBRA assigns a BBB+ Insurance Financial Strength Rating (IFSR) to Frontline Insurance Reciprocal Exchange (“FIRE” or the “Exchange”). The Outlook for the rating is Stable. Key Credit Considerations FIRE is a newly formed Florida-domiciled reciprocal insurer established to write admitted Florida residential property business, primarily homeowners and fire/dwelling coverage. The rating reflects adequate initial capitalization and manageable projected underwriting levera...
May 22, 2026 at 11:51 AM

Samsung Strengthens Investment in Canada with Retail Brand Expansion into Three Premier Shopping Destinations

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Samsung Canada announced the continued expansion of its national retail footprint with the upcoming openings of three new Samsung Experience Stores...
May 22, 2026 at 11:40 AM

Avangrid Foundation Supports Binghamton Philharmonic’s Educational Programming

BINGHAMTON, N.Y.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, today announced its support for the Binghamton Philharmonic’s upcoming educational event for the 2026-2027 season, “Sophia at the Symphony,” a performance designed for students in grades 3-8. “At Avangrid, we believe strong communities are built through meaningful investments in education and culture,” said Avangrid CEO Jose Antonio Miranda....
May 22, 2026 at 11:18 AM

For the Seventh Consecutive Year, Hunt Military Communities Earns 2025 SatisFacts Resident Satisfaction Award Company-wide

ALPHARETTA, Ga.--(BUSINESS WIRE)--Hunt Military Communities (HMC), the nation's largest privatized military housing operator with more than 60,000 homes across 59 military installations serving more than 175,000 residents, today announced it has earned the 2025 SatisFacts Resident Satisfaction Award at the company level for the seventh consecutive year, alongside recognition for dozens of individual communities and neighborhoods across all five military branches. The SatisFacts Resident Satisfa...
May 22, 2026 at 10:30 AM

Keller Williams Announces CEO Summit Speakers for Mega Camp 2026

AUSTIN, Texas--(BUSINESS WIRE)--Amy Porterfield, John Lee, Dan Buettner, Shawn Johnson East, and Andrew East to headline KW’s CEO Summit....
May 22, 2026 at 10:12 AM

Hunt Capital Partners Announces Grand Opening of Homestead Landing Affordable Housing Community in Price, Utah

PRICE, Utah--(BUSINESS WIRE)--Hunt Capital Partners and CJM Development Group announce the grand opening of Homestead Landing Apartments, which took place on April 22. Located in Price, Utah, the brand-new residential development introduces 168 affordable two- and three-bedroom homes dedicated to households earning up to 60 percent of the Area Median Income. The newly constructed community provides residents with a comfortable, modern living experience. Each apartment home features central air...
May 22, 2026 at 8:00 AM

Slate Grocery REIT Special Committee to Review Strategic Alternatives

TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), today confirmed that the Board of Trustees has established a special committee of independent trustees (the “Special Committee”) in response to an unsolicited proposal (the “Proposal”) received from affiliates of Slate Asset Management, the external manager of the REIT (the “Manager”). The Special Committee has a broad mandate to consider and evaluate a broad range of strategic alternatives, including, but not...
May 22, 2026 at 7:53 AM

Contract Professionals, Inc. Founder Steve York Announces Retirement After 44 Years

WATERFORD, Mich.--(BUSINESS WIRE)--CPI Founder Steve York retires after 44 years, leaving a legacy rooted in service, veteran employment, trusted talent solutions, and loyalty....
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