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California Sports Surfaces’ Rebound Ace® Impact Polyurethane Flooring System Earns Prestigious FIBA Certification
MELBOURNE, Australia--(BUSINESS WIRE)--California Sports Surfaces (CSS), the global leader in premium athletic surfacing, is proud to announce that its innovative Rebound Ace® Impact system has officially earned certification from the International Basketball Federation (FIBA), the governing body for basketball worldwide. This milestone marks a significant achievement in California Sports Surfaces’ ongoing commitment to safety, performance, and quality. The FIBA Equipment & Venue Centre has...
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UDR, Inc. Announces Appointment of Dave Bragg as Chief Financial Officer
DENVER--(BUSINESS WIRE)--UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced the appointment of Dave Bragg as Chief Financial Officer (“CFO”), effective July 24, 2025. Mr. Bragg succeeds Joe Fisher, who in January 2025 was appointed to the role of Chief Investment Officer (“CIO”) in addition to his responsibilities as the Company’s President. Mr. Bragg brings an extensive background in public and private real estate with over two decades of...
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KB Home Reports 2025 Second Quarter Results
LOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2025. “Our second quarter financial performance was solid, with results meeting or exceeding our guidance ranges, as we continue to navigate the current environment. Our team is producing improvements in two key areas, lowering our build times and reducing direct construction costs, helping to strengthen our business,” said Jeffrey Mezger, Chairman and Chief Executive Officer. “Though m...
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ALTO Real Estate Funds Acquires Prime 24-Acre Industrial Site in Austin’s SH-130 Corridor
DALLAS--(BUSINESS WIRE)--ALTO Real Estate Funds announced the acquisition of a 24-acre industrial site in Northeast Austin’s Pflugerville submarket. The site is strategically located at the intersection of Cameron Road and SH-130—America’s fastest highway and Austin’s most critical logistics artery. This acquisition is the 6th industrial ground-up project and marks a significant milestone in ALTO’s continued expansion across the Texas logistics market. The opportunity initially surfaced in mid-...
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Metronet Lights Up Kokomo with 100% Fiber-Optic Internet
EVANSVILLE, Ind.--(BUSINESS WIRE)--Metronet today announced that it has begun to light up its new residential fiber-optic network in Kokomo, Ind. Homes in initial construction areas can now access multi-gig speeds from the fastest major internet service provider in the country, with service expanding rapidly across the city. Metronet has proudly served business customers in Kokomo for the past five years, helping to support the city’s commercial growth and digital infrastructure. Two months ago...
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US Construction Industry Report 2025: Output to Slowdown in 2025 with 1.4% Growth, Following 6.6% in 2024 Due to Weak Investor Confidence - Forecast to 2029 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--"The US Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q1 2025)" report has been added to ResearchAndMarkets.com's offering. The analyst expects growth in US' construction industry to slow from 6.6% in real terms in 2024 to 1.4% in 2025, owing to sluggishness in across all sectors of construction. Weak investor confidence is expected to cause...
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LP Building Solutions Earns The Tennessean's Top Workplaces of Middle Tennessee Award for Fourth Consecutive Year
NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced it has been named a winner of the Top Workplaces of Middle Tennessee Award by The Tennessean for the fourth consecutive year. “Our continued recognition as a Top Workplace in Middle Tennessee reflects the dedication and passion of our team members,” said LP Chair and CEO Brad Southern. “We are honored to receive this award for the fourth year in a row, and...
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EliseAI and Brivo Join Forces to Deliver Secure, AI-Guided Self-Tours for Homes and Communities Alike
NEW YORK--(BUSINESS WIRE)--EliseAI, the leading AI automation platform and CRM for multifamily and single-family property management, today announced a strategic partnership with Brivo, Inc., a pioneer of cloud-based physical security to help power its AI-Guided Tour solution. By connecting with Brivo, which integrates with a wide range of wireless smart locks, property owners can now offer fully automated, secure self-tours to prospects in more markets than ever with no additional staffing req...
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HomeFree-USA Unveils Experian® CreditCenter™ to Empower Thousands of Potential Homebuyers
LANDOVER, Md.--(BUSINESS WIRE)--A free tool offered by HomeFree-USA and Experian delivers personalized credit insights to help more Americans achieve homeownership....
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Redfin Reports Home Prices Grow at Slowest Pace in Nearly Two Years
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The median U.S. home-sale price rose 0.7% year over year in May—the slowest growth since June 2023. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Still, last month's median sale price of $440,997 was the highest of any May in records dating back to 2012. Redfin recently predicted that home prices will start falling on a year-over-year basis by the end of 2025. That has already happened in 11 of...