Construction & Property News

DALLAS--(BUSINESS WIRE)--FrontView REIT (“FrontView” or the “Company”) (NYSE: FVR) today announced the appointment of Sean Fukumura as Interim Chief Financial Officer of the Company, effective immediately. Mr. Fukumura will continue to serve as the Company’s Chief Accounting Officer. This appointment follows the Board’s decision to terminate Randall Starr for cause, effective immediately. An Audit Committee investigation, assisted by outside counsel, determined that cause existed pursuant to th...

BLACK RIVER FALLS, Wis.--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been awarded a project valued at approximately $34 million to construct four bridges and 14 cast-in-place retaining walls along Highway 169 in Jordan, Minnesota. Work on this project began in May 2025 with substantial completion anticipated in November 2027. The contract...

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. will release its second quarter 2025 earnings results after the market closes on Wednesday, July 23, 2025. On Thursday, July 24, 2025, Management will host a conference call and Q&A session to review the Q2 2025 results.   Date: Thursday, July 24, 2025 Time: 9:00 a.m. MX | 11:00 a.m. ET Speakers: Sameer Bharadwaj Chief Executive Officer Jim Kelly Chief Financial Officer Diego Echave VP, Investor Relations   Dial-in numb...

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of June. The distribution will be payable on July 8, 2025, to unitholders of record as at June 30, 2025. About RioCan RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live a...

LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today that it has closed its previously announced CAD$500 million aggregate principal amount of Series A Senior Unsecured Notes, due June 16, 2028 (the “Notes”). The Notes were issued by SmartStop’s operating partnership, SmartStop OP, L.P. The...

NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced that the Company’s Board of Directors has declared a dividend of $0.16 per share of Class A common stock for the quarter ending June 30, 2025. The dividend is payable on July 14, 2025 to stockholders of record as of June 30, 2025. About BrightSpire Capital, Inc. BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial re...

MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that its Board of Directors has declared a quarterly cash dividend of approximately $114.5 million, or $0.69 per share of Class A and Class B common stock. This marks the first full quarterly dividend declared by Millrose following its spin-off from Lennar Corporation in Q1 2025. The dividend will be paid on July 15, 2025, to shareholders...

HOUSTON--(BUSINESS WIRE)--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the “Company”) declared a second quarter cash dividend of $1.05 per share to holders of record as of June 30, 2025 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2025. Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment...

NEW YORK--(BUSINESS WIRE)--EMPIRE STATE REALTY TRUST ANNOUNCES DATES FOR SECOND QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL...

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT Announces Quarterly Dividend of $0.335 per Share...