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Construction & Property
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PPG invests in testing line for radiation-curable coatings at Marly, France

MARLY, France--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the installation of an advanced testing line for radiation-curable coatings at its R&D Center of Excellence in Marly, France. The line can test multiple curing technologies, including infrared (IR), ultraviolet (LED, excimer and arc lamps), and electron beam (EB). This investment allows the company to accurately replicate customer production conditions, helping accelerate development cycles and reduce the number of customer tri...
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CRH Completes LSE Delisting

NEW YORK--(BUSINESS WIRE)--Further to the announcement made on March 13, 2026, CRH (NYSE: CRH) today confirms that the listings of its ordinary shares and its 7% preference shares on the official list of the UK Financial Conduct Authority, and the admission to trading of those shares on the main market for listed securities of the London Stock Exchange, have both been cancelled with effect from 08:00 a.m. (London) today, April 20, 2026. CRH’s ordinary shares are now solely listed on the New Yor...
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QXO to Acquire TopBuild for $17 Billion

GREENWICH, Conn. & DAYTONA BEACH, Fla.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced that it has entered into a definitive agreement to acquire TopBuild Corp. (NYSE: BLD) (“TopBuild”) for approximately $17 billion, significantly expanding QXO’s scale and capabilities across the building products value chain. The transaction is expected to be immediately and substantially accretive to the company’s earnings. TopBuild is the largest distributor and installer of insulation and related bu...
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Impact Capital Group Releases New Analysis on Real Estate’s Growing Influence on Lower Middle Market M&A Transaction Outcomes

LOS ANGELES--(BUSINESS WIRE)--Impact Capital Group, Inc. (“Impact”), a lower middle market investment banking and valuation firm, today announced the release of a new analysis examining how owned and leased real estate can materially influence private company sale transactions. The analysis, titled “The Real Estate Variable: How Real Estate Shapes, Complicates, and Sometimes Derails Lower Middle Market M&A,” draws on anonymized case studies from Impact’s advisory experience and highlights t...
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Granite REIT Declares Distribution for April 2026

TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) announced today that its board of trustees has declared a distribution of CDN $0.2958 per unit for the month of April 2026. The distribution will be paid by Granite on May 15, 2026 to unitholders of record at the close of trading on April 30, 2026. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the bre...
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Davidson Bogel Real Estate Facilitates Multi-Parcel Assembly for Lovett Industrial Development Project in Lewisville, Texas

LEWISVILLE, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (DB2RE) successfully facilitated the acquisition of an 8.5-acre, four-owner industrial land assemblage located at 421, 451, 475, and 493 Bennett Lane in Lewisville. The site was acquired by Lovett Industrial and is planned for the development of a Class A industrial project. The development aligns with the City of Lewisville’s evolving regulatory framework for industrial uses. The transaction was facilitated by Philip Cherrick of Da...
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Comfort Systems USA Announces First Quarter 2026 Conference Call and Webcast

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, April 24, 2026, at 10:00 a.m. Central Time to discuss first quarter 2026 financial results. The results will be released after the market closes on Thursday, April 23, 2026. The conferen...
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Marcus & Millichap Closes Two Westside Los Angeles Multifamily Sales at Record Value

LOS ANGELES--(BUSINESS WIRE)--Marcus & Millichap Closes Two Westside Los Angeles Multifamily Sales at Record Value...
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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2026-NQM5 (NRMLT 2026-NQM5)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2026-NQM5 (NRMLT 2026-NQM5), a $471.1 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were primarily originated by NewRez LLC (47.4%) and Champions Funding, LLC (21.2%). In addition...
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Apartment Association of Greater L.A. Announces “Win” in Lawsuit Against L.A. City

LOS ANGELES--(BUSINESS WIRE)--The Apartment Association of Greater Los Angeles (AAGLA) announced on Friday that it had prevailed in its lawsuit against the City of Los Angeles seeking to overturn the city’s Ordinance No. 187764 (“Relocation Assistance Ordinance”), which forced rental housing providers to pay substantial relocation fees when implementing a rent increase exceeding a specified amount on housing legally exempt from local and state rent stabilization rules. In its lawsuit, AAGLA arg...