Residential Building & Real Estate

Human Appeal: 1000 Homes in 100 Hours for Displaced of Syria After Quake

Retrieved on: 
Tuesday, February 14, 2023

Just over 100 hours after the first earthquake hit northwest Syria, global charity Human Appeal has offered 1,000 newly built brick homes as housing for internally displaced families who lost their homes in the massive earthquake that recently struck the region.

Key Points: 
  • Just over 100 hours after the first earthquake hit northwest Syria, global charity Human Appeal has offered 1,000 newly built brick homes as housing for internally displaced families who lost their homes in the massive earthquake that recently struck the region.
  • The homes are part of a town settlement project by Human Appeal called Al Zohoor (in English the floral town) near Idlib northwest Syria, recently completed to provide permanent housing to 1000 internally displaced Syrian families due to the ongoing conflict.
  • Human Appeal has been active in humanitarian deployments and projects in northwest Syria for the last decade, providing ongoing medical and humanitarian assistance.
  • There are now even more displaced people in a region where 2.8 million—out of a total population of 4 million—were already displaced.

Owens Corning Delivers Record Full-Year 2022 Results

Retrieved on: 
Wednesday, February 15, 2023

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 sustained a high level of safety performance in 2022 with a recordable incident rate (RIR) of 0.65.
  • Owens Corning continues to be recognized as a leader in environmental, social, and governance matters.
  • In December 2022, Owens Corning announced its Board of Directors declared quarterly cash dividends of $0.52 per common share, an approximately 50% increase compared with the associated prior quarterly dividends.

LTC Announces Updated Date of Fourth Quarter 2022 Earnings Release, Conference Call and Webcast

Retrieved on: 
Tuesday, February 14, 2023

LTC Properties, Inc. (NYSE:LTC) will now release fourth quarter earnings on Thursday, February 16, 2023 before market open.

Key Points: 
  • LTC Properties, Inc. (NYSE:LTC) will now release fourth quarter earnings on Thursday, February 16, 2023 before market open.
  • LTC will conduct a conference call on Thursday, February 16, 2023 at 10:00 a.m. Pacific / 1:00 p.m. Eastern, to provide commentary on the performance and operating results for the quarter ended December 31, 2022.
  • Interested parties may access the live conference call via the following:

Stratus Properties Inc. Secures Financing for and Begins Construction of Holden Hills, a Residential Project in the Barton Creek Community

Retrieved on: 
Tuesday, February 14, 2023

Stratus considers Holden Hills, which is the last remaining single-family project in the Barton Creek community, to be a crown jewel of its 30-plus years of residential development.

Key Points: 
  • Stratus considers Holden Hills, which is the last remaining single-family project in the Barton Creek community, to be a crown jewel of its 30-plus years of residential development.
  • View the full release here: https://www.businesswire.com/news/home/20230214005769/en/
    Stratus has entered into a joint venture with an unrelated third-party investor that contributed 50% of the equity to develop Holden Hills.
  • The partnership has secured all key construction permits for Phase I and construction has commenced.
  • Project Architect Arthur Andersson, said “Our inspiration for the Holden Hills residences comes from land and climate.

NGS Helps Texas Schools Meet New Security Window Film Mandate

Retrieved on: 
Tuesday, February 14, 2023

NGS (National Glazing Solutions, LLC, d.b.a NGS Films and Graphics LLC), the nation’s leading dealer-installer of retrofit glazing security solutions ( 3M™ Safety and Security Window Film , TRI-SHIELD®, Riot Glass® , and Ballistic Glass ) is helping hundreds of school districts in Texas race to become compliant with the State’s new school safety standards.

Key Points: 
  • NGS (National Glazing Solutions, LLC, d.b.a NGS Films and Graphics LLC), the nation’s leading dealer-installer of retrofit glazing security solutions ( 3M™ Safety and Security Window Film , TRI-SHIELD®, Riot Glass® , and Ballistic Glass ) is helping hundreds of school districts in Texas race to become compliant with the State’s new school safety standards.
  • View the full release here: https://www.businesswire.com/news/home/20230214005735/en/
    “Our company mission is to protect people and property,” states James Beale, CEO, NGS.
  • The Texas Education Agency’s (TEA) School Safety Standards create minimum safety standards and supporting grant opportunities for all Texas School districts facilities.
  • According to the plan, all Texas School Districts must install security window film on glass windows and doors and can procure state funding to do so.

United Rentals to Present at the Citi 2023 Global Industrial Tech and Mobility Conference

Retrieved on: 
Tuesday, February 14, 2023

United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on Wednesday, February 22, 2023.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on Wednesday, February 22, 2023.
  • The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer.
  • The presentation is scheduled to begin at 4:20 p.m.
  • ET and will be available via the following link: https://kvgo.com/industrials-conference-2023/united-rentals-feb-2023
    The presentation may also be accessed on www.ur.com , where it will be archived for 30 days.

Installed Building Products to Report Fourth Quarter 2022 Financial Results

Retrieved on: 
Wednesday, February 15, 2023

Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its fourth quarter 2022 financial results on February 22, 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 fourth quarter 2022 financial results on February 22, 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:

National Multifamily Housing Council and Partner Real Estate Associations Join Together for the First Time to Expand Supplier Diversity Opportunities

Retrieved on: 
Tuesday, February 14, 2023

Today, the National Multifamily Housing Council (NMHC) joined an industry-wide group of seven real estate trade associations to announce a first-of-its-kind alliance to foster supplier diversity in the real estate industry.

Key Points: 
  • Today, the National Multifamily Housing Council (NMHC) joined an industry-wide group of seven real estate trade associations to announce a first-of-its-kind alliance to foster supplier diversity in the real estate industry.
  • The Commercial Real Estate Diverse Supplier (CREDS) Consortium aims to expand economic opportunity for minority and women-owned business enterprises (MWBEs) and further diversify industry supply chains.
  • In addition to NMHC, CREDS Consortium associations include CREW Network, ICSC, Mortgage Bankers Association, NAIOP, Nareit and The Real Estate Roundtable.
  • The Consortium hopes the pilot program will yield broad insights into supplier diversity trends across the commercial real estate industry.

SierraConstellation Partners Announced as Winner of the 17th Annual Turnaround Awards

Retrieved on: 
Tuesday, February 14, 2023

The M&A Advisor announced the winners of the 17th Annual Turnaround Awards.

Key Points: 
  • The M&A Advisor announced the winners of the 17th Annual Turnaround Awards.
  • SierraConstellation Partners (“SCP”) was named a winner for the Sale of the Year (over $100MM) for their work on the sale of The One in Bel Air.
  • The awards will be presented at a black-tie awards gala on Wednesday, March 22, 2023 at The Colony Hotel in Palm Beach, Fla.
    “Since 2002, we have been honoring the leading turnaround transactions, companies and dealmakers.
  • After the property was placed into bankruptcy, Larry Perkins and SCP were brought in to manage the sale of the property for the owners.

HNI Corporation Announces Quarterly Dividend

Retrieved on: 
Tuesday, February 14, 2023

HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.

Key Points: 

HNI Corporation (NYSE: HNI) announced today its Board of Directors declared a quarterly dividend of 32 cents per share on its common stock.
The dividend will be payable on March 8, 2023, to shareholders of record at the close of business on February 27, 2023.