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Residential Building & Real Estate
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PennyMac Financial Services, Inc. Announces Pricing of Private Offering of $650 Million of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company” or “PennyMac Financial”) today announced the pricing of its previously announced offering of $650 million aggregate principal amount of 6.750% Senior Notes due 2034 (the “Notes”). The Notes will bear interest at 6.750% per annum and will mature on February 15, 2034. Interest on the Notes will be payable semi-annually on February 15 and August 15 of each year, beginning o...
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Transcontinental Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025

DALLAS--(BUSINESS WIRE)--Transcontinental Realty Investors, Inc. (NYSE:TCI) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $0.2 million or $0.02 per diluted share, compared to $1.5 million or $0.17 per diluted share for the same period in 2024. Financial Highlights Total occupancy was 82% at June 30, 2025, which includes 94% at our multifamily properties and 57% at...
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American Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025

DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $2.8 million or $0.18 per diluted share, compared to $1.2 million or $0.07 per diluted share for the same period in 2024. Financial Highlights Total occupancy was 82% at June 30, 2025, which includes 94% at our multifamily properties and 57% at our com...
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Arcosa, Inc. Announces Record Second Quarter 2025 Results

DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our”), a provider of infrastructure-related products and solutions, today announced results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights   Three Months Ended June 30,     2025       2024     % Change               ($ in millions, except per share amounts)     Revenues $ 736.9     $ 664.7     11 % Revenues, excluding the impact of divested business(1) $ 736.9     $ 626.6     18 % N...
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Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2025 Results

TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the second quarter 2025. Second Quarter 2025 Highlights In May 2025, CHMI Solutions, Inc., a subsidiary of CHMI, entered into a strategic partnership and financing with Real Genius LLC (“Real Genius”), a Florida-based digital mortgage technology company. Accessed at-the-market equity program, generating additional proceeds of approximately $8....
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Velocity Financial, Inc. Reports Second Quarter 2025 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $26.0 million and core net income of $27.5 million for 2Q25, compared to $14.8 million and $15.9 million, respectively, for 2Q24. Earnings and core earnings per diluted share were $0.69 and $0.73 for 2Q25, compared to $0.42 and $0.45, respectively, for 2Q24. “We continue to build on our strong momentum in 2025, delivering two recor...
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Carlisle Companies Announces a 10% Dividend Increase, its 49th Consecutive Annual Increase

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that its Board of Directors approved a 10% increase in the Company’s regular quarterly dividend from $1.00 to $1.10 per share, or to $4.40 per share on an annualized basis. The dividend is payable on September 2, 2025, to shareholders of record at the close of business on August 19, 2025. Chris Koch, Chair, President and Chief Executive Officer, said, “This year’s increase marks Carlisle’s 49th consec...
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Guild Holdings Company Reports Second Quarter 2025 Results

SAN DIEGO--(BUSINESS WIRE)--Guild Holdings Company (NYSE: GHLD) (“Guild” or the “Company”), a growth-oriented mortgage company that employs a relationship-based loan sourcing strategy to execute on its mission of delivering the promise of homeownership, today announced results for the second quarter ended June 30, 2025. “Our team delivered in the second quarter the strongest performance in many categories that we’ve reported in several years, despite a constrained and challenging market. These...
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Arlo Reports Second Quarter 2025 Results

CARLSBAD, Calif.--(BUSINESS WIRE)--Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security platform company, today reported financial results for the second quarter ended June 29, 2025. “The launch of our new AI platform, Arlo Secure 6, earlier this year is driving growth in our subscriptions business and propelling the company to record financial results. Subscriptions and services revenue grew 30% to $78 million and ARR increased to $316 million, up 34% year over year. Non-GAAP su...
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Alarm.com Reports Second Quarter 2025 Results

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today reported financial results for its second quarter ended June 30, 2025. Alarm.com also provided its financial outlook for SaaS and license revenue for the third quarter of 2025 and increased its guidance for the full year of 2025. Second Quarter 2025 Financial Results as Compared to Second Quarter 2024 SaaS and license revenue increased 9.0% to $170.0 millio...