Residential Building & Real Estate

Embassy Group Celebrates the Spirit of Patriotism with a Special Tribute on Republic Day

Sunday, January 26, 2020 - 3:00am

On the landmark occasion of the 71st Republic Day, Embassy Group celebrated the spirit of patriotism by lighting two of its iconic properties with the Indian tri colors, igniting pride and patriotism in every Indian.

Key Points: 
  • On the landmark occasion of the 71st Republic Day, Embassy Group celebrated the spirit of patriotism by lighting two of its iconic properties with the Indian tri colors, igniting pride and patriotism in every Indian.
  • The 1800 LED lights illumination of saffron, white and green, was displayed in a three-day sequence run-up to the Republic Day starting January 24, 2020.
  • Founded in 1993, Embassy Group is one India's largest real estate conglomerates with a broad portfolio of over 55 million Sq.
  • Embassy has partnered with global investors including Blackstone and Warburg Pincus at the group and project levels.

ELS Announces Tax Treatment of 2019 Distributions

Friday, January 24, 2020 - 9:20pm

The common stock distribution with a record date of December 28, 2018, paid on January 11, 2019, is a split-year distribution with $0.031500 allocable to 2019 for federal income tax purposes.

Key Points: 
  • The common stock distribution with a record date of December 28, 2018, paid on January 11, 2019, is a split-year distribution with $0.031500 allocable to 2019 for federal income tax purposes.
  • The common stock distribution with a record date of December 27, 2019, paid on January 10, 2020, is a split-year distribution with $0.290788 considered a distribution made in 2019 and $0.015462 allocable to 2020 for federal income tax purposes.
  • Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.
  • We own or have an interest in 413 quality properties in 33 states and British Columbia consisting of 156,513 sites.

Stewart Information Services Corporation Announces 4th Quarter 2019 Earnings Conference Call

Friday, January 24, 2020 - 8:58pm

Stewart Information Services Corp. (NYSE: STC) announced today it will hold a conference call to discuss fourth quarter 2019 earnings at 8:30 a.m. Eastern Time on Thursday, Feb. 6, 2020.

Key Points: 
  • Stewart Information Services Corp. (NYSE: STC) announced today it will hold a conference call to discuss fourth quarter 2019 earnings at 8:30 a.m. Eastern Time on Thursday, Feb. 6, 2020.
  • The call will follow the companys release of earnings after the close of trading on Wednesday, Feb. 5.
  • Stewart Information Services Corporation (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers and family of companies.
  • More information can be found at http://www.stewart.com , subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter @stewarttitleco.

Arkansas Nonprofit Received $440K to Construct 56-Unit Housing Development

Friday, January 24, 2020 - 8:18pm

Strategic Community Investments is the nonprofit development company for the project and sister organization of Fort Smith Housing Authority (FSHA).

Key Points: 
  • Strategic Community Investments is the nonprofit development company for the project and sister organization of Fort Smith Housing Authority (FSHA).
  • Its mission is to advance affordable housing through community and economic development projects such as Electric Park.
  • Now that we have these committed funds, Strategic Community Investments can apply through the Arkansas state agency for the tax credits.
  • Of that, $2 million was awarded to Arkansas projects, and will result in 231 new or rehabilitated housing units.

Passing of USMCA Spurs Development of 3,400 Acres in Rio Grande Valley Near Anzalduas International Bridge, Announces Killam Development

Friday, January 24, 2020 - 7:50pm

Killam Development is a private, family-owned company celebrating its 100th anniversary in South Texas and knows the community around the Texas-Mexico border.

Key Points: 
  • Killam Development is a private, family-owned company celebrating its 100th anniversary in South Texas and knows the community around the Texas-Mexico border.
  • With the passing of the USMCA, Killam Development expects to continue to develop Sharyland Industrial Park as well as open a new industrial park in Mission, Texas, which is predicated on economic incentives.
  • Killam Development purchased the land located within the City of Mission and the City of McAllen from Hunt Valley Development in December 2019.
  • For information about the development, including home sales and commercial opportunities, please contact Killam Real Estate Development Manager Rolando Ortiz at (956)724-7141.

RoofClaim.com’s Louisiana Purchase

Friday, January 24, 2020 - 6:12pm

With the geographical expansion, one of the new office locations will be in Baton Rouge, Louisiana.

Key Points: 
  • With the geographical expansion, one of the new office locations will be in Baton Rouge, Louisiana.
  • RoofClaim.com is excited to announce this new location since it will service all of Louisiana, not just the Baton Rouge area.
  • Brian Olagues is the Vice President of the Mid-South region and says, The Louisiana market has seen plenty of storm activity in the last few years.
  • As we continue to grow, we will develop the best network of roofing contractors in Louisiana.

Andrew W. Hasley Elected to FHLBank Pittsburgh Board

Friday, January 24, 2020 - 5:37pm

Andrew (Andy) W. Hasley, President of Standard Bank, has been elected by the Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) in accordance with the rules of the Federal Housing Finance Agency to fill a vacant Pennsylvania member director position.

Key Points: 
  • Andrew (Andy) W. Hasley, President of Standard Bank, has been elected by the Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) in accordance with the rules of the Federal Housing Finance Agency to fill a vacant Pennsylvania member director position.
  • Mr. Hasley previously served as President and CEO of Allegheny Valley Bank, prior to its merger into Standard Bank.
  • Mr. Hasley worked at FHLBank Pittsburgh before assuming a leadership role at Pennsylvania Capital Bank, where he rose to the position of President.
  • Mr. Hasley currently serves on the boards of the Pennsylvania Association of Community Bankers and the Pittsburgh Zoo & PPG Aquarium.

Funding Texas Hemp; TDA Hemp Program Fundraiser Hosted by Texas Hemp Harvesters Association

Friday, January 24, 2020 - 4:39pm

Next Wednesday, January 29th, the first funds will be raised to support administration and enforcement of TDAs Hemp Program for 2020.

Key Points: 
  • Next Wednesday, January 29th, the first funds will be raised to support administration and enforcement of TDAs Hemp Program for 2020.
  • Texas Hemp Harvesters Association (TXHHA) , along with members Coats Rose Law Firm, Eco Friends Pest Control, and Piney Woods Hemp Co., has organized a networking happy hour for all businesses planning to apply for a hemp license.
  • This event coincides with the Texas Hemp Convention also being held in Dallas, which is expected to draw 10,000+ attendees.
  • The team is excited to provide a B2B event that promotes collaboration, encourages regional supply chain development, and ultimately supports the state hemp program.

Bluegreen Vacations Declares First Quarter 2020 Dividend

Friday, January 24, 2020 - 3:29pm

BBX Capital Corporation Investor Relations Contact:

Key Points: 
  • BBX Capital Corporation Investor Relations Contact:
    BOCA RATON, FL January 22, 2020 Bluegreen Vacations Corporation (NYSE: BXG) (Bluegreen Vacations or the Company) announced today that its Board of Directors declared a quarterly common stock cash dividend of $0.13 per share.
  • The dividend is payable February 20, 2020 to shareholders of record as of the close of trading on February 6, 2020.
  • Bluegreen Vacations Corporation (NYSE: BXG) is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in popular leisure and urban destinations.
  • Approximately 90% of Bluegreen Vacations is owned by BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), a diversified holding company.

PGTI Announces Closing of Offering of $50 Million of Additional 6.75% Senior Notes due 2026

Friday, January 24, 2020 - 3:24pm

PGT Innovations, Inc. (NYSE: PGTI), the leading U.S. manufacturer and supplier of impact-resistant windows and doors, announced today that it has completed its previously announced private offering of $50 million aggregate principal amount of additional 6.75% senior notes due 2026 (the Additional Notes).

Key Points: 
  • PGT Innovations, Inc. (NYSE: PGTI), the leading U.S. manufacturer and supplier of impact-resistant windows and doors, announced today that it has completed its previously announced private offering of $50 million aggregate principal amount of additional 6.75% senior notes due 2026 (the Additional Notes).
  • The Additional Notes are part of the same issuance of, and rank equally and form a single series with, the $315.0 million aggregate principal amount of the Companys 6.75% senior notes due 2026 which were issued August 10, 2018 (the Existing Notes).
  • The Additional Notes will have the same terms as the Existing Notes (except with respect to issue date and the date from which interest accrues).
  • The Additional Notes are guaranteed, jointly and severally, by each existing and future restricted subsidiary of PGTI that guarantees PGTIs existing senior secured credit facility.