Residential Building & Real Estate News

CORONA, Calif.--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of its newest community, Monteverdi, in the desirable Horsethief Canyon neighborhood of Corona, California. The new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. The one- and two-story homes at Montev...

LAKE CHARLES, La.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $100,000 Heirs’ Property Program grant to Project Build a Future (PBAF) in a ceremonial check presentation yesterday. The funds, awarded through FHLB Dallas member First Federal Bank of Louisiana, will be used for community experts to inform and educate the community about heirship issues, as well as assist clients with property issues. PBAF will use $25,000 to work with the Southwest Louisiana Law...

DUBLIN--(BUSINESS WIRE)--The "Colombia Construction Industry Databook - Market Size & Forecast by Value & Volume, 40+ Market Segments Across Residential, Commercial, Industrial, Institutional, Infrastructure Construction, City Level Construction by Value and Construction Cost Structure, Q1 2025 Update" report has been added to ResearchAndMarkets.com's offering. According to the report, the construction market in Colombia is expected to grow by 7.6% on an annual basis to reach COP 80.51...

PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Terra Innovations, Inc., a premier leader in luxury real estate development, proudly announces the grand opening of The Office at Ponte Vedra Beach (www.officepvb.com), an exclusive lifestyle-driven workspace located at 510 A1A N in Ponte Vedra Beach, Florida. Designed to integrate productivity, wellness, and luxury, this innovative space offers discerning professionals the ultimate blend of work and lifestyle. The Office offers a curated experience bey...

NEW YORK--(BUSINESS WIRE)--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the March 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS in March increased to 6.8% from 6.6% in February. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) increased 24 basis points (bps) to 9.8%. The mixed-use sector’s delinquency rate jumped 192 bps to 9.8% f...

OMAHA, Neb.--(BUSINESS WIRE)--Boston Omaha Corporation (NYSE: BOC) (the “Company”, “we”, or “our”) announced its financial results for the fiscal year ended December 31, 2024, in connection with filing its Annual Report on Form 10-K with the Securities and Exchange Commission. We show summary financial data below for fiscal 2024 and 2023. Our Annual Report on Form 10-K can be found at www.bostonomaha.com. A supplemental presentation providing additional financial information for fiscal 2024 can...

AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS), a residential and retail focused real estate company with operations in the Austin, Texas area and other select markets in Texas, today reported year ended December 31, 2024 results. Highlights and Recent Developments: Net income attributable to common stockholders totaled $2.0 million, or $0.24 per diluted share, in the year ended December 31, 2024, compared to net loss attributable to common stockholders of $14.8 million,...

DALLAS--(BUSINESS WIRE)--CMCT declares preferred stock dividends...

NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (“Seritage” or the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that the Seritage Board of Trustees and Andrea Olshan have agreed that Ms. Olshan will step down as Chief Executive Officer and President (CEO) and as a member of the Board effective as of April 11, 2025. The Board has appointed Board Chairman Adam Metz, an independent member of the Board since 2022, as I...

ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest warehouse location in the California, at 7900 Arroyo Circle in Gilroy. The warehouse store and design center has opened with a team of approximately 30 full-time and part-time associates, and is led by Gee Mohammed, the store’s Chief Executive Merchant. Floor & Decor operates more than...