Residential Building & Real Estate

Beacon Adds Service in Atlantic Canada and Minneapolis Markets

Retrieved on: 
Monday, April 8, 2024

The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region.

Key Points: 
  • The new branch in Dieppe, New Brunswick will serve the Atlantic Canada region.
  • “We are pleased to add service in our seventh Canadian province.
  • Contractors will appreciate our team’s knowledge and service commitment to help them grow their businesses,” commented Charles Michaud, Beacon’s Regional Vice President, Canada.
  • The new branch in Spring Lake Park, Minnesota adds residential and commercial roofing and complementary products and services in the north Minneapolis metro market.

JPMorgan Chase Increases Housing Affordability Commitments With Additional $20 Million in Philanthropy and Expanded Customer Offerings

Retrieved on: 
Monday, April 8, 2024

JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.

Key Points: 
  • JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.
  • “Healthy communities are integral to our business model, and affordable housing opportunities are vital to creating strong communities and building intergenerational wealth,” said Tim Berry, Global Head of Corporate Responsibility, JPMorgan Chase.
  • “The private sector has an important role to play alongside non-profit organizations and policymakers in advancing housing affordability, including increasing access to homeownership.
  • Delivering Impact with Organizations in Washington, DC and Across the Country
    Today’s philanthropic announcement builds on JPMorgan Chase’s $400 million five-year commitment to improve housing affordability and stability for underserved households.

Vesta Announces First Quarter 2024 Earnings Conference Call and Webcast

Retrieved on: 
Monday, April 8, 2024

Corporación Inmobiliaria Vesta, S.A.B.

Key Points: 
  • Corporación Inmobiliaria Vesta, S.A.B.
  • de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's first quarter 2024 financial results will be released after market close on Thursday, April 25, 2024.
  • Vesta will host a conference call to discuss its results:
    Please connect via webcast or by dialing:

First American Financial Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
Monday, April 8, 2024

First American Financial Corporation (NYSE: FAF ), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call on Thursday, April 25, 2024, at 11 a.m. EDT.

Key Points: 
  • First American Financial Corporation (NYSE: FAF ), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call on Thursday, April 25, 2024, at 11 a.m. EDT.
  • The call will follow the release of the company’s earnings results for the first quarter of 2024 on Wednesday, April 24 after the close of regular trading.
  • An audio replay of the conference call will be available through May 9, 2024 by dialing 201-612-7415 and using the conference ID 13745815.
  • An audio archive of the call and a copy of the first-quarter 2024 earnings release, including the financial information contained therein, will also be available on First American’s investor website.

CMCT Declares Preferred Stock Dividends

Retrieved on: 
Monday, April 8, 2024

*The quarterly cash dividend of $0.489375 per share represents an annualized dividend rate of 7.83% (2.5% plus the federal funds rate of 5.33% on the applicable determination date).

Key Points: 
  • *The quarterly cash dividend of $0.489375 per share represents an annualized dividend rate of 7.83% (2.5% plus the federal funds rate of 5.33% on the applicable determination date).
  • The terms of the Series A1 Preferred Stock provide for cumulative cash dividends (if, as and when authorized by the Board of Directors) on each share of Series A1 Preferred Stock at a quarterly rate of the greater of (i) 6.00% of the Series A1 Stated Value, divided by four (4) and (ii) the Federal Funds (Effective) Rate on the applicable determination date, plus 2.50%, of the Series A1 Stated Value, divided by four (4), up to a maximum of 2.50% of the Series A1 Stated Value per quarter.
  • For shares of Series A1 Preferred Stock issued in the second quarter of 2024, the dividend will be prorated from the date of issuance, and the monthly dividend payments will reflect such proration.

Docutech’s Solex® Named a 2024 Innovations Award Winner by the PROGRESS in Lending Association™

Retrieved on: 
Monday, April 8, 2024

Winners are chosen by PROGRESS in Lending’s executive team.

Key Points: 
  • Winners are chosen by PROGRESS in Lending’s executive team.
  • According to PROGRESS in Lending, Solex represents a significant leap forward in the mortgage industry by encompassing every stage of the mortgage process, from point-of-sale through post-closing.
  • Solex was also highlighted for its ability to operate without the need for extensive infrastructure on the lenders’ end.
  • Intentionally designed to be as configurable as possible, Solex allows lenders to build and display a unique solution for their borrowers.

Service Properties Trust First Quarter 2024 Conference Call Scheduled for Wednesday, May 8th

Retrieved on: 
Tuesday, April 9, 2024

Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its first quarter 2024 results after the Nasdaq closes on Tuesday, May 7, 2024.

Key Points: 
  • Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its first quarter 2024 results after the Nasdaq closes on Tuesday, May 7, 2024.
  • On Wednesday, May 8, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves and Chief Financial Officer Brian Donley will host a conference call to discuss these results.
  • A replay of the conference call will be available through Wednesday, May 15, 2024.
  • The archived webcast will be available for replay on the company’s website after the call.

LP Building Solutions Recognized as Sustainable Brand Leader by Green Builder Media’s 2024 Brand Index

Retrieved on: 
Monday, April 8, 2024

LP Building Solutions (LP), a leading manufacturer of high-performance building products, is proud to announce that LP® SmartSide® Trim & Siding was recognized as Green Builder Media’s Sustainable Brand Leader for the Siding category in its 2024 Brand Index .

Key Points: 
  • LP Building Solutions (LP), a leading manufacturer of high-performance building products, is proud to announce that LP® SmartSide® Trim & Siding was recognized as Green Builder Media’s Sustainable Brand Leader for the Siding category in its 2024 Brand Index .
  • LP® Structural Solutions and LP WeatherLogic® Air & Water Barrier were awarded top 10 recognitions in the Structural and Building Wrap categories, respectively.
  • The Brand Index looks at market trends and builder sentiment to evaluate products in the green building marketplace.
  • View the full release here: https://www.businesswire.com/news/home/20240408123312/en/
    LP Building Solutions recognized as Sustainable Brand Leader by Green Builder Media’s 2024 Brand Index.

The Real Brokerage Inc. Announces Settlement Agreement in Class Action Litigation

Retrieved on: 
Monday, April 8, 2024

The Real Brokerage Inc. (NASDAQ: REAX, “Real” or the “Company”) today announced that it has entered into a settlement agreement to resolve the pending class action litigation, Umpa v. NAR, 4:23-cv-00945 (W.D.

Key Points: 
  • The Real Brokerage Inc. (NASDAQ: REAX, “Real” or the “Company”) today announced that it has entered into a settlement agreement to resolve the pending class action litigation, Umpa v. NAR, 4:23-cv-00945 (W.D.
  • This settlement conclusively addresses all claims asserted against Real in the Umpa lawsuit, releasing Real, its subsidiaries, and affiliated agents from these claims.
  • The settlement does not constitute an admission of liability by Real, nor does it concede or validate any of the claims asserted in the litigation.
  • Under the terms of the settlement agreement, Real has committed to paying $9.25 million into a qualified settlement fund within 30 days following the court’s preliminary approval of the settlement agreement.

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

Retrieved on: 
Monday, April 8, 2024

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

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Briarwood Oaks, its latest new-home community in San Antonio.
  • Briarwood Oaks is zoned for highly rated Northside ISD schools, and future community amenities include a children’s playground.
  • View the full release here: https://www.businesswire.com/news/home/20240408104684/en/
    KB Home announces the grand opening of its newest community in San Antonio, Texas.
  • Every KB home is uniquely built for each customer, so no two KB homes are the same.