Construction & Property News

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 7-Eleven convenience store property for $1.5 million. The property is located in a strong retail corridor in Pennsylvania and corporate-operated under a long-term, triple net lease with approximately ten yea...

MELVILLE, N.Y.--(BUSINESS WIRE)--SupplyHouse, a leading e-commerce distributor of plumbing, HVAC and electrical supplies, launched The Day Savers, a national contest inviting Americans to share the stories of tradesmen who showed up when it mattered most. In celebration of National Tradesmen Day, SupplyHouse will award $100,000 to 10 deserving tradespeople, with each receiving $10,000 and recognition as part of the 2026 Day Savers Crew. The idea behind The Day Savers is simple: tradesmen arrive...

BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced that its operating partnership, JBG SMITH Properties LP (the “Company”), has amended and extended its Revolving Credit Facility and Tranche A-2 Term Loan. The recast extended the maturity of the Revolving Credit Facility from June 29, 2027 to August 27, 2030, with two six-month extension options, which may extend the maturity to A...

CHICAGO--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Chicago (FHLBank Chicago), Gorman & Company, The Phoenix Foundation, and community partners gathered yesterday to celebrate the grand opening of Earle Residences, an adaptive reuse project converting the closed Charles Warrington Earle School into 50 affordable rental apartment units in Chicago’s Englewood neighborhood. FHLBank Chicago awarded a $1 million Affordable Housing Program (AHP) grant to support the rehab...

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, will report financial results for its fiscal fourth quarter and full year ended June 30, 2026, before the market opens on September 15, 2026, and management will host a conference call at 11:00 a.m. ET to discuss the results. The live webcast and replay, earnings press...

SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--NATUZZI RECEIVED DELISTING NOTICE FROM NYSE...

SAN FRANCISCO--(BUSINESS WIRE)--CivilGrid, the civil design platform that consolidates all site data into a collaborative map with design workflows to enable builders to deliver safe and affordable projects, announced a $26 million Series A. The platform gives infrastructure teams what they've never had before: a comprehensive view of underground assets and conditions. The round is led by Spark Capital with participation from Energy Impact Partners, Afore Capital, A*, Ford Street Ventures, and S...

NAPERVILLE, Ill.--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) hosted a roundtable with U.S. Rep. Bill Foster (IL-11), U.S. Rep. Sean Casten (IL-06), member financial institutions, trade association partners, and industry leaders for a discussion on housing finance, financial services, and community development issues affecting communities across Illinois. Both Congressmen are senior members of the U.S. House Financial Services Committee with jurisdiction over the ba...

DALLAS--(BUSINESS WIRE)--As artificial intelligence drives unprecedented demand for data center capacity, access to reliable power has emerged as one of the industry's defining challenges. Data Center World Power, taking place September 21-23 at the Gaylord Texan Resort & Convention Center in Dallas, will bring together data center operators, utilities, energy providers, technology innovators and infrastructure leaders to explore the strategies and technologies needed to power the industry'...

AUSTIN, Texas--(BUSINESS WIRE)--Renowned researcher and bestselling author to bring insights on courageous leadership and culture...