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Urban Planning
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American Realty Investors, Inc. Reports Earnings for Quarter Ended March 31, 2025

DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE: ARL) is reporting its results of operations for the three months ended March 31, 2025. For the three months ended March 31, 2025, we reported net income attributable to common shares of $3.0 million or $0.18 per diluted share, compared to $1.8 million or $0.11 per diluted share for the same period in 2024. Financial Highlights Total occupancy was 80% at March 31, 2025, which includes 94% at our multifamily properties and 53% at our...
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Advanced Drainage Systems Announces Acquisition of River Valley Pipe

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries announced today the acquisition of River Valley Pipe LLC (“River Valley Pipe”), a privately-owned pipe manufacturing company located in the Midwest region of the United States. “We are excited to welcome River Valley Pipe to ADS,” said Scott Barbour, President and CEO of ADS. “...
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Willdan Group Reports First Quarter Results

ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today announced its financial results for the first quarter ended April 4, 2025. First Quarter 2025 Highlightsa Contract revenue of $152.4 million, up 24.4%. Net revenueb of $85.3 million, up 23.8%. Net income of $4.7 million, up 59.3%. Adjusted EBITDAb of $14.4 million, up 30.9%. GAAP Diluted EPS of $0.32, up 52.4%. Adjusted Diluted EPSb of $0.63, up 57.5%. Executive Management Comments “We exceeded analyst expect...
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Brilliant NextGen Unveils Its Second Generation Smart Home Products

SAN MATEO, Calif.--(BUSINESS WIRE)--Brilliant NextGen, a leader in smart home innovation, unveils its Second Generation Smart Home Products. Designed to set a new benchmark in home automation, the latest release combines powerful AI-ready features, dual-band Wi-Fi (2.4 GHz and 5 GHz), and seamless device compatibility to offer powerful performance for single-family and multifamily homes. These user-friendly controls are engineered to deliver advanced functionality while integrating effortlessly...
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Astral Weeks Launches Franklin Point, Greenpoint’s Newest Commercial Hub at 12 Franklin Street

NEW YORK--(BUSINESS WIRE)--Astral Weeks, a real estate development and management company based in New York City, known for its focus on transformative projects in dynamic neighborhoods, today announces the launch of its latest development: Franklin Point, located at 12 Franklin Street at the intersection of Greenpoint, Williamsburg, and Bushwick Inlet Park. Franklin Point is a multi-destination commercial hub designed to accommodate a diverse range of tenants, including retail, food and bevera...
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Core Spaces Announces Growth in Build-to-Rent With 3,000 New Homes Operating, Under Development and in Pipeline

CHICAGO--(BUSINESS WIRE)--Core Spaces (“Core”), a vertically-integrated real estate developer, owner, and operator, is driving the expansion of Oxenfree, its flagship Build-to-Rent (BTR) brand. Core's portfolio now encompasses nearly 3,000 homes across rapidly growing markets, including Dallas-Fort Worth, Denver, Nashville, Charlotte, Austin, Raleigh, and Florida's Gulf Coast. Notable milestones include the completion of Oxenfree WeHo in Nashville's booming Wedgewood-Houston neighborhood, marki...
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ICSC LAS VEGAS 2025: The Largest Commercial Real Estate Gathering Returns to The Desert

NEW YORK--(BUSINESS WIRE)--Today, ICSC announced that the world’s largest commercial real estate gathering, ICSC LAS VEGAS, will again convene the industry’s leading professionals and organizations in Las Vegas, Nevada from May 18-20, 2025. Attendees can expect networking, dealmaking, and professional development opportunities at this year’s event, which will highlight how the commercial real estate industry continues to remain a vital catalyst for growth in any economic climate. “ICSC LAS VEGA...
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Hunt Capital Partners Transfers its Limited Partner Ownership Interest of Two Boston Affordable Housing Developments to Local Nonprofits

BOSTON--(BUSINESS WIRE)--Hunt Capital Partners transfers its limited partner interest ownership of two Boston affordable housing communities to local nonprofits....
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Merck Animal Health and State of Kansas Announce $895 Million Investment in Manufacturing and Research & Development Facilities in De Soto

RAHWAY, N.J.--(BUSINESS WIRE)--Merck Animal Health, known as MSD Animal Health outside of the United States and Canada, a division of Merck & Co., Inc., Rahway, N.J., USA (NYSE: MRK), and Kansas Governor Laura Kelly jointly announced today the $895 million expansion of Merck Animal Health’s manufacturing facility in De Soto, Kansas. The $895 million capital expansion will be constructed on an existing Merck-owned property that is the site of its biologics facility in De Soto, Kansas. It inc...
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Missouri American Water Rate Order Settlement Approved by Missouri Public Service Commission

ST. LOUIS--(BUSINESS WIRE)--The Missouri Public Service Commission (MoPSC) today approved a settlement for new water and wastewater rates for Missouri American Water. The company’s rate request was filed on July 1, 2024, and was primarily driven by $1.1 billion in infrastructure investment in plant and distribution system upgrades made since its last rate filing. “We are committed to making investments in our water and wastewater systems to maintain safe, clean, reliable and affordable service...