Residential Building & Real Estate

United Rentals Releases 2022 Corporate Responsibility Report, Highlighting Commitment to Sustainability, Culture and Governance

Retrieved on: 
Wednesday, July 26, 2023
Building Systems, Other Construction & Property, Architecture, Residential Building & Real Estate, Construction & Property, Renting, Corporate social responsibility, Trust (social science), Sustainability Accounting Standards Board, Culture, TCFD, Task Force on Climate Related Financial Disclosures, Sustainability accounting, GRI, Corporation, Total, Video game, Property management, Newsweek, United Rentals

United Rentals, the world’s largest equipment rental company, today released its 2022 Corporate Responsibility Report.

Key Points: 
  • United Rentals, the world’s largest equipment rental company, today released its 2022 Corporate Responsibility Report.
  • This comprehensive report showcases the company's dedication to sustainability, culture and governance and includes important updates from 2022 and 2023.
  • 2022 was a landmark year for United Rentals, which celebrated its 25th anniversary.
  • Additionally, United Rentals introduced an industry-first emissions tracking tool on its Total Control® platform, helping customers track their sustainability performance.

loanDepot, Inc. to Report Second Quarter 2023 Financial Results on August 8, 2023

Retrieved on: 
Wednesday, July 26, 2023
Finance, Banking, Professional Services, Residential Building & Real Estate, Construction & Property, LDI, Webcast, NYSE, Cryptocurrency, LoanDepot

loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), today announced that the Company will release its second quarter 2023 financial results on August 8, 2023, after market close.

Key Points: 
  • loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), today announced that the Company will release its second quarter 2023 financial results on August 8, 2023, after market close.
  • Management will host a conference call and live webcast at 5:00 p.m.
  • The call will include a review of the quarterly results followed by a question and answer session.
  • For more information about loanDepot, please visit the Company's investor relations website: investors.loandepot.com .

KB Home Announces the Grand Opening of Its Newest Community in Southeast San Antonio

Retrieved on: 
Wednesday, July 26, 2023
Residential Building & Real Estate, Architecture, Construction & Property, Interior Design, Interstate 410, Interstate 10 in Texas, Multimedia, Certification, Recreation, Distribution center, East Central Independent School District, KB, Water, San Antonio River Walk, Bath, NYSE, KB Home

KB Home (NYSE: KBH) today announced the grand opening of Spanish Trails Villas, its latest new-home community in San Antonio.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Spanish Trails Villas, its latest new-home community in San Antonio.
  • View the full release here: https://www.businesswire.com/news/home/20230726723517/en/
    KB Home announces the grand opening of its newest community in Southeast San Antonio.
  • Every KB home is uniquely built for each customer, so no two KB homes are the same.
  • “Spanish Trails Villas offers easy access to major highways and features new homes that live bigger for less,” said Jeff Ferguson, President of KB Home’s San Antonio division.

Luxury Home Prices Post Double-Digit Drops in the Bay Area, Seattle

Retrieved on: 
Wednesday, July 26, 2023
Construction & Property, Residential Building & Real Estate, Luxury, Housing, Metro, Nationwide, Sale, Real estate, Video game, Auction, Hotel

In Seattle, luxury sale prices decreased a record 12.3% to $2.5 million—the second biggest drop in the country.

Key Points: 
  • In Seattle, luxury sale prices decreased a record 12.3% to $2.5 million—the second biggest drop in the country.
  • “Those homes are having trouble selling, and some sellers are losing a lot of money.”
    Nationwide, luxury sale prices are still higher than they were last year.
  • New listings of luxury homes fell 17.1% year over year in the second quarter, while those of non luxury homes plunged a record 29.8%.
  • The gap between luxury and non luxury sales is shrinking; at the start of the year, luxury sales were down a record 42%, while non luxury sales were down just 31.4%.

Commercial and Multifamily Starts Declined in 5 of the Top 10 Metro Areas in the First Half of 2023

Retrieved on: 
Wednesday, July 26, 2023
Data Management, Residential Building & Real Estate, Commercial Building & Real Estate, Urban Planning, Technology, Construction & Property, REIT, Public Relations, Investor Relations, Architecture, Communications, Software, Ontario Highway 135, Forest Glen, McDowell, Head, City centre, Multimedia, Rolex, Hospital, QTS, Four Seasons Mall, Knox, Revere Beach Parkway, Commercial, Commercial property, Namdar

Commercial and multifamily starts are comprised of office buildings, stores, hotels, warehouses, commercial garages and multifamily housing.

Key Points: 
  • Commercial and multifamily starts are comprised of office buildings, stores, hotels, warehouses, commercial garages and multifamily housing.
  • Multifamily starts lost 17%, declining to $61 billion, and commercial starts fell 11% to $70 billion.
  • In the first half of 2023, across the top 10 metro areas, commercial building starts rose 1% to $27 billion, while multifamily starts fell 21% to $24 billion.
  • In Washington, D.C., commercial and multifamily starts in the first half of 2023 were down 43% from the first half of 2022 to $3.1 billion.

Installed Building Products to Report Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023
Building Systems, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Webcast, Conference, NYSE, Builders hardware, IBP, Eastern Time Zone

Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its second quarter 2023 financial results on August 2, 2023.

Key Points: 
  • Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its second quarter 2023 financial results on August 2, 2023.
  • A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company’s results.
  • The conference call will be available on the investor relations section of the Company’s website at www.installedbuildingproducts.com .
  • To Participate in the Telephone Conference Call:
    Dial in at least five minutes prior to start time:

RPM Reports Record Fiscal 2023 Fourth-Quarter and Full-Year Results

Retrieved on: 
Wednesday, July 26, 2023
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Chemicals, Plastics, Home Goods, Manufacturing, Building Systems, Retail, Residential Building & Real Estate, Inventory, Uncertainty, Maintenance, Capital expenditure, Table, CPG, EBIT, EDT, PCG, Consumer, RPM International, Webcast, Growth, OEM, RPM, SPG, MAP, Renewable energy, Cryptocurrency, Elevator mechanic, Music

The company expects the following in the fiscal year 2024 first quarter:

Key Points: 
  • The company expects the following in the fiscal year 2024 first quarter:
    Consolidated sales to increase in the low-single-digit percentage range compared to prior-year record results.
  • This change will be reflected beginning in fiscal 2024 first-quarter reporting, including recast prior-period results for comparison.
  • For those unable to listen to the live call, a replay will be available from July 26, 2023, until August 2, 2023.
  • The call also will be available for replay and as a written transcript via the RPM website at www.RPMinc.com .

Allegion (NYSE: ALLE) Reports Q2-2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023
Architecture, Professional Services, Hardware, Office Products, Consumer Electronics, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Security, Retail, Finance, Interior Design, Borrowing base, International, Senior, ALLE, Share repurchase, Electronics, Stock dilution, Public expenditure, Acquisition, Investment, Center for Accessible Technology, Growth, EPS, NYSE, Management, Video game, Bank, Beauty salon, Allegion

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its second quarter (ended June 30, 2023).

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today reported financial results for its second quarter (ended June 30, 2023).
  • “Allegion delivered another quarter of outstanding operational performance, margin expansion and increased cash flow,” said President and CEO John H. Stone.
  • Our teams have integrated very well together, taking good care of our customers while delivering on the business plan.
  • “As we think about the second half of the year, we expect end markets will be stable with continued strong demand for our electronic solutions.

Owens Corning Delivers Net Sales of $2.6 Billion; Generates Net Earnings of $345 Million and Adjusted EBIT of $534 Million

Retrieved on: 
Wednesday, July 26, 2023
Chemicals, Plastics, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, Science, RIR, Policy, Growth, Electricity, EBITDA, The First Half of My Life, EBIT, Carbon, Safety, Sustainability reporting, Owens Corning, Pharmaceutical industry, Renewable energy, Fine chemical

Owens Corning continues to invest in accelerating new product and process innovation to support customers and generate additional growth.

Key Points: 
  • Owens Corning continues to invest in accelerating new product and process innovation to support customers and generate additional growth.
  • Owens Corning continues to be recognized as a leader in environmental, social, and governance matters and in May published its 17th annual Sustainability Report.
  • The company paid a quarterly cash dividend of $47 million and repurchased 1.1 million shares of common stock for $113 million.
  • EBIT decreased $67 million to $87 million while maintaining 14% EBIT margins and 21% EBITDA margins, on the impact of lower sales volumes and the resulting production downtime.