Construction & Property News

Get the latest updates on the construction and real estate industries from around the globe. Discover insights on new construction projects, market trends, technological advancements, and major real estate developments. Stay informed and ahead in the industry.

Jul 8, 2026 at 6:37 PM

Empire State Building Observation Deck Launches Exclusive Soccer Jersey Ticket Offer for Sports Fans in July

NEW YORK--(BUSINESS WIRE)--The Empire State Building Observation Deck (ESBOD) today announced a new, exclusive ticket offer for soccer fans who don their favorite team’s duds at the “World’s Most Famous Building” in anticipation of the tournament final. Guests who plan to wear their soccer jersey to the Empire State Building Observation Deck can purchase tickets online for 15 percent off to enjoy the immersive museum experience and New York City’s best views from the 86th and 102nd Floor Observ...
Jul 8, 2026 at 6:28 PM

KBRA Assigns A+ Preliminary Rating to QTS Thunder Managing Issuer, LLC’s up to $3.6 Billion Senior Secured Debt

NEW YORK--(BUSINESS WIRE)--KBRA assigns its A+ preliminary rating to QTS Thunder Managing Issuer, LLC’s proposed $3.6 billion senior secured obligations. The Outlook is Stable. QTS and Blackstone (the sponsors) are adding five newly constructed data centers to an existing master indenture structure (MIS), creating a diversified portfolio of 12 fully contracted and stabilized data centers totaling 493.5MW across Richmond, Virginia; Phoenix, Arizona; Dallas, Texas; Columbus, Ohio; and Manassas, V...
Jul 8, 2026 at 5:26 PM

City Ventures Opens Parkview in Livermore, New Homes Minutes from Downtown Dining, Wineries, and Community Events

LIVERMORE, Calif.--(BUSINESS WIRE)--City Ventures, California’s leading builder of solar-powered, ecologically responsible homes, has announced the official Grand Opening of Parkview in Livermore on Saturday, July 11 from 11 a.m. to 2 p.m. Inspired by the Alameda County Fair, the fair-themed celebration event invites prospective homeowners to explore Parkview’s brand-new, solar-powered homes while enjoying delicious treats, a live caricature artist, and family-friendly entertainment. “Starting...
Jul 8, 2026 at 5:23 PM

KBRA Assigns Preliminary Ratings to A&D Mortgage Trust 2026-NQM5 (ADMT 2026-NQM5)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage pass-through certificates from ADMT 2026-NQM5, a $432.4 million non-prime RMBS transaction sponsored by Atlas A&D Opportunity Fund III LP, with the majority of the loans being originated by A&D Mortgage, LLC or one of its qualified correspondents. The underlying collateral, comprising 1,008 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative in...
Jul 8, 2026 at 5:15 PM

RH Chairman & CEO Gary Friedman Reports the Sale of a Small Portion of His RH Common Stock Ownership Position

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) announced today that Chairman & Chief Executive Officer Gary Friedman sold an aggregate of 125,000 shares of RH common stock from July 6, 2026 through July 8, 2026. Following this sale, Mr. Friedman retains beneficial ownership of 4,926,337 shares, representing beneficial ownership of approximately 23.88%(1) of RH’s common stock. Mr. Friedman reported that the current sale of shares was made in order to fund (1) improvements to personal r...
Jul 8, 2026 at 5:10 PM

Dream Finders Homes Responds to Beazer Homes; Reiterates Commitment to Constructive Engagement

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (the “Company” or “Dream Finders”) (NYSE: DFH) today issued the following statement in response to a press release from Beazer Homes USA, Inc. ("Beazer") regarding Dream Finders' revised proposal to acquire all outstanding shares of Beazer in an all-cash transaction for $32.00 per share, submitted privately to the Beazer Board of Directors (the “Beazer Board”) on June 30, 2026, and disclosed publicly to Beazer shareholders on July 8...
Jul 8, 2026 at 4:35 PM

Fastenal Releases its 2026 Impact Report

WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (NASDAQ: FAST) is proud to announce the publication of its 2026 Impact Report. The report, which covers the year ended December 31, 2025, highlights Fastenal's initiatives and impacts in pursuit of three objectives: empowering people, preserving our world, and serving as a trusted partner. The report reflects the creativity and hard work of Fastenal's team members as they continually push for improvements in areas like sustainability, governance,...
Jul 8, 2026 at 4:30 PM

Invitation Homes Announces Dates for Second Quarter 2026 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes,” the “Company,” or "our"), the nation's premier single-family home leasing and management company, will release second quarter 2026 financial and operating results on Wednesday, July 29, 2026, after the market closes. The Company will host a conference call that will be webcast live on Thursday, July 30, 2026, at 11:00 a.m. Eastern Time to review second quarter results, discuss recent events, and conduct a question-...
Jul 8, 2026 at 4:30 PM

Watts Water Technologies, Inc. Announces Second Quarter 2026 Earnings Release and Conference Call

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE AND EARNINGS CONFERENCE CALL...
Jul 8, 2026 at 4:16 PM

UDR, Inc. Announces Dates for Second Quarter 2026 Earnings Release, Webcast, and Conference Call

DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its second quarter 2026 financial results on Monday, July 27, 2026, after the market closes. A webcast and conference call will be held on Tuesday, July 28, 2026, at 12:00 p.m. Eastern Time. The webcast and conference call will be open to the public. During the webcast and conference call, company officers will review second quarter 2026 result...
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