Construction & Property News

CHICAGO & ZUG, Switzerland--(BUSINESS WIRE)--Amrize Ltd (NYSE: AMRZ) has received a notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (“TRC”) to purchase up to 2,000,000 ordinary shares, $0.01 par value per share (the “Ordinary Shares”) of Amrize at a price of $49.63 per Ordinary Share in cash.  The offer represents less than 1.0% of the outstanding Ordinary Shares.  TRC’s offer price is 4.48% less than the $51.96 closing price per Ordinary Share on August 26, 2...

LOS ANGELES--(BUSINESS WIRE)--Southern California businesses, schools, HOAs and other institutions that replace their water-intensive grass with more sustainable landscaping can get twice as much financial support from the Metropolitan Water District starting Monday (Sept. 1). The agency announced today that it is increasing its turf replacement rebate for non-residential property owners to $7 per square foot of grass removed – the highest amount ever offered regionwide. The increased rebate is...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Patient First Urgent Care property for $6.6 million. The property is located in a strong retail corridor in Pennsylvania and is corporate-operated under a long-term triple net lease. The transaction was pri...

SAN RAMON, Calif.--(BUSINESS WIRE)--Homes Built For America (HBFA), the homebuilding division of The True Life Companies (TTLC), has recently joined the 2025 Top 200 Rankings as a leading builder by Professional Builder, the official publication for the National Association of Home Builders (NAHB). Formerly known as Housing Giants, this annual ranking of builders by revenue was first established in 1936, the same year that Professional Builder magazine was launched. “After less than five years...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Medical Properties Trust, Inc. Announces New Lease Agreement for Six California Facilities...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced the launch of two new features in its suite of digital tools: Smart Suggestions and Equipment Fit Augmented Reality (AR). These enhancements help customers make faster, more confident rental decisions by anticipating needs and providing greater jobsite visibility before placing an order. Smart Suggestions uses advanced machine learning to recommend equipment based on...

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Venu Holding Corporation ("VENU" or the “Company”) (NYSE American: VENU), a developer and operator of upscale live music venues and premium hospitality destinations, today announced the closing of its previously announced public offering of 2,875,000 shares of its common stock, including 375,000 shares sold upon full exercise of the underwriter’s option to purchase additional shares, at a public offering price of $12.00 per share, for gross proceeds of...

ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced that it has executed an agreement that provides the Company with a new five year, $350 million syndicated secured asset based revolving credit facility (the “ABL Facility”), with an option to increase the total commitments under the ABL Facility by up to $300 million subject to certain conditions, including consent from the lenders providing the incremental co...

DUBAI, United Arab Emirates--(BUSINESS WIRE)--BEYOND Developments Reveals the Middle East’s First Forest District by the Sea, Featuring Talea as its First Residential Tower...

MALVERN, Pa.--(BUSINESS WIRE)--3Si Security Systems, a leader in innovative security solutions focused on supporting law enforcement, announces the release of its groundbreaking DirectToDispatch™, or DTD, solution—a transformational technology that sends verified, critical crime intelligence, including video and audio from the source, directly to police dispatch in real time. DTD is an extension of our proven GPS Tracking Solution, which has delivered verified crime data to law enforcement for...