Residential Building & Real Estate News

CHICAGO & ZUG, Switzerland--(BUSINESS WIRE)--Amrize today announced the following changes to its Board of Directors. Robert S. Rivkin has been appointed as the Chair of the Audit Committee after serving as a member of the Audit Committee since June 2025. Holli Ladhani has been appointed to the Audit Committee as a qualified audit committee financial expert. She continues to serve as a member of the Nomination and Governance Committee. Theresa Drew steps down from the Board and her resignation i...

TORONTO--(BUSINESS WIRE)--SmartCentres Real Estate Investment Trust (“SmartCentres”, the “Trust” or the “REIT”) (TSX: SRU.UN) is pleased to report its financial and operating results for the three months and year ended December 31, 2025. “Reflecting on our 2025 results, I am pleased with our strong financial and operational performance," said Mitchell Goldhar, CEO of SmartCentres. "Our net operating income has shown steady and consistent growth through the year fueled by strong leasing momentum...

PHOENIX, Ariz.--(BUSINESS WIRE)--SmartRent will release fourth quarter and full-year 2025 results and host a conference call on Wednesday, March 4, at 11:30 a.m. ET....

HARRISBURG, Pa.--(BUSINESS WIRE)--MI Windows and Doors, part of MITER Brands and the official window and door partner of Penn State Athletics, is proud to continue its longstanding support of Penn State University’s THON event with a new initiative this year. The brand is backing the fundraising efforts of 18 student-athletes from Penn State’s football, wrestling, volleyball, and baseball teams as they mobilize the community in support of THON 2026. Through digital campaigns, community outreach...

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--WATTS WATER TECHNOLOGIES REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2025 RESULTS...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2025. Fourth Quarter 2025 Highlights Fourth quarter results reflect continued momentum across Redwood’s Mortgage Banking platforms, with higher production revenues translating directly into earnings growth Mortgage Banking production reached a record $7.3 billion...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) today announced it has entered into a definitive agreement to acquire the subservicing business of Cenlar Capital Corporation (Cenlar), primarily consisting of subservicing contracts and mortgage servicing operations, in an all-cash transaction for an upfront purchase price of $172.5 million and up to $85 million of contingent consideration payable over three years. Based on Cenlar’s current por...

WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today reported fourth quarter net income attributable to Rayonier of $25.9 million, or $0.16 per share, on revenues of $117.5 million. This compares to net income attributable to Rayonier of $327.1 million, or $2.15 per share, on revenues of $650.5 million in the prior year quarter. The fourth quarter results included $6.3 million of costs related to the merger with PotlatchDeltic.1 Excluding this item and adjusting for pro forma net in...

ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its fourth quarter and full year 2025 financial results before the market opens on Wednesday, February 25, 2026. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A webcast...

PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, announces its fourth quarter and full year 2025 financial results. EPS of $0.24 for Full Year 2025 CFFO Per Share of $0.32 for Fourth Quarter and $1.17 for Full Year 2025 In Line with Expectations Same-Store Portfolio NOI Growth of 1.8% and 2.4% for the Fourth Quarter and Full Year 2025 Driven by 2.0% and 1.7% Same-Store Revenue Growth in the Fourth Quarter and Full Year 95.6% Same...