Residential Building & Real Estate

Five Star Senior Living Inc. Joins Russell 2000® Index

Monday, June 29, 2020 - 1:00pm

Five Star Senior Living Inc. (Nasdaq: FVE) today announced that it has been added to the broad market Russell 2000 Index effective June 26, 2020 as part of Russell Investments' annual reconstitution of its comprehensive set of U.S. and global equity indexes.

Key Points: 
  • Five Star Senior Living Inc. (Nasdaq: FVE) today announced that it has been added to the broad market Russell 2000 Index effective June 26, 2020 as part of Russell Investments' annual reconstitution of its comprehensive set of U.S. and global equity indexes.
  • The Russell 2000 Index also serves as the U.S. component to the Russell Global Index.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies.
  • As of March 31, 2020, FVE operated 268 senior living communities (31,272 living units) located in 32 states, including 244 communities (28,960 living units) that it managed and 24 communities (2,312 living units) that it owned or leased.

KB Home Announces Clearcreek in San Antonio Is Now Open for Sales

Monday, June 29, 2020 - 1:00pm

KB Home (NYSE: KBH) today announced that Clearcreek, a new-home community in San Antonio, is now open for sales.

Key Points: 
  • KB Home (NYSE: KBH) today announced that Clearcreek, a new-home community in San Antonio, is now open for sales.
  • View the full release here: https://www.businesswire.com/news/home/20200629005104/en/
    KB Home announces Clearcreek in San Antonio is now open for sales (Photo: Business Wire)
    The Clearcreek sales office and model home are open for private in-person tours by appointment, and walk-in visits are welcome in accordance with public health orders and safety procedures.
  • Homebuyers also have the flexibility to arrange a live video tour with a sales counselor.
  • Clearcreek is in a commuter friendly location, with easy access to Highway 281, Loop 1604 and Interstate 35, said Rob Wasyliw, President of KB Homes San Antonio division.

Dominion at Mercer Crossing Apartments Receives HUD Loan Final Endorsement

Monday, June 29, 2020 - 1:00pm

Pillar Income Asset Management, a Dallas based real estate investment company, is pleased to announce that The Dominion at Mercer Crossing apartments recently received a HUD loan Final Endorsement.

Key Points: 
  • Pillar Income Asset Management, a Dallas based real estate investment company, is pleased to announce that The Dominion at Mercer Crossing apartments recently received a HUD loan Final Endorsement.
  • View the full release here: https://www.businesswire.com/news/home/20200629005070/en/
    Dominion at Mercer Crossing Apartments in Farmers Branch, Texas (Photo: Business Wire)
    Dominion started lease-up in November of last year and is over 80% occupied, commented Pillars CEO and President Daniel J. Moos.
  • The property is situated inside the 1,200 acre Mercer Crossing development.
  • These markets are geographically located in areas of the country that correspond with both sustainable and viable economic growth activity.

Convoy Awarded Company of the Year by Frost & Sullivan for Industry-Leading Digital Freight Network

Monday, June 29, 2020 - 10:00am

Convoy, the nations most efficient digital freight network , was recognized as the Company of the Year by analyst research firm Frost & Sullivan in a benchmark study covering the nations top digital freight providers.

Key Points: 
  • Convoy, the nations most efficient digital freight network , was recognized as the Company of the Year by analyst research firm Frost & Sullivan in a benchmark study covering the nations top digital freight providers.
  • Convoy led on industry-first innovation and customer experience and was also recognized for its ability to help shippers improve the resilience of their supply chains and weather market volatility through its digital freight network.
  • View the full release here: https://www.businesswire.com/news/home/20200629005125/en/
    Convoy Awarded Company of the Year by Frost & Sullivan for Industry-Leading Digital Freight Network (Graphic: Business Wire)
    Each year, Frost & Sullivan presents the Company of the Year award to an organization that demonstrates excellence in terms of innovation and growth in its field.
  • Convoy launched Automated Reloads in 2019 to address the 72M metric tons of CO2 equivalent emissions from empty miles in freight.

CoreLogic Confirms Receipt of Unsolicited Acquisition Proposal from Cannae Holdings and Senator Investment Group

Friday, June 26, 2020 - 5:25pm

CoreLogic Inc. (NYSE: CLGX) today confirmed that it received this morning an unsolicited proposal from Cannae Holdings and Senator Investment Group to acquire all outstanding common shares of CoreLogic for $65.00 per share in cash.

Key Points: 
  • CoreLogic Inc. (NYSE: CLGX) today confirmed that it received this morning an unsolicited proposal from Cannae Holdings and Senator Investment Group to acquire all outstanding common shares of CoreLogic for $65.00 per share in cash.
  • Prior to issuing this revised guidance, the Company had no knowledge of any acquisition proposal.
  • CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities.
  • Risks and uncertainties exist that may cause the results to differ materially from those set forth in these forward-looking statements.

Housing Rights Advocates Take on Billionaire Landlord Sam Zell in Socially-Distant Protest

Friday, June 26, 2020 - 5:00pm

A coalition of tenants' rights advocates that include Housing Is A Human Right ( HHR ), the housing advocacy division of AIDS Healthcare Foundation ( AHF ) will stage a socially-distant protest calling out the predatory housing practices by Sam Zell, Co-Founder and Chairman of Equity Residential, a Chicago-based real estate investment trust (REIT).

Key Points: 
  • A coalition of tenants' rights advocates that include Housing Is A Human Right ( HHR ), the housing advocacy division of AIDS Healthcare Foundation ( AHF ) will stage a socially-distant protest calling out the predatory housing practices by Sam Zell, Co-Founder and Chairman of Equity Residential, a Chicago-based real estate investment trust (REIT).
  • The Billionaire landlord owns 303 properties totaling 78,280 apartments in San Francisco, Southern California, New York, and other cities.
  • Despite owing his vast wealth to millions of tenants across the country, Zell uses the money gained from his rental properties to stop efforts to implement meaningful tenants protections.
  • HOUSING RIGHTS PROTEST: housing and health care advocates call on billionaire landlord Sam Zell to stop his predatory real estate practices that fuel Californias housing affordability and homeless crises.

CoreLogic Raises Second Quarter 2020 Financial Guidance

Thursday, June 25, 2020 - 11:51pm

For the fourth successive quarter, we expect to deliver profits in line with our 30% margin target.

Key Points: 
  • For the fourth successive quarter, we expect to deliver profits in line with our 30% margin target.
  • Consistent with its normal practice, the Company will provide full year guidance in conjunction with its second quarter earnings release in July.
  • CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities.
  • Certain statements made in this press release are forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements related to expected financial results in the second quarter and second half of the year, and overall mortgage market volumes.

Allegion Schedules Conference Call, Webcast to Announce 2020 Second-Quarter Results

Thursday, June 25, 2020 - 10:00pm

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2020 second-quarter financial results on Thursday, July 23, 2020, before the market opens.

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2020 second-quarter financial results on Thursday, July 23, 2020, before the market opens.
  • A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at http://investor.allegion.com .
  • The conference call may be accessed by dialing 877-883-0383 in the United States or 412-902-6506 internationally and entering Conference ID 5407871.
  • Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA, Interflex, LCN, Schlage, SimonsVoss and Von Duprin.

RPM to Announce Fiscal 2020 Fourth-Quarter and Year-End Results on July 27, 2020

Thursday, June 25, 2020 - 9:22pm

RPM International Inc. (NYSE: RPM) announced today that it will release its financial results for the fiscal 2020 fourth quarter and year ended May 31, 2020 before the stock market opens on Monday, July 27, 2020.

Key Points: 
  • RPM International Inc. (NYSE: RPM) announced today that it will release its financial results for the fiscal 2020 fourth quarter and year ended May 31, 2020 before the stock market opens on Monday, July 27, 2020.
  • The results will be issued via newswire and will also be available on the RPM website at www.RPMinc.com .
  • Management will host a conference call to discuss the results beginning at 10:00 a.m. EDT the same day.
  • RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services.

Century Communities Sets Date for Second Quarter 2020 Earnings Release and Conference Call

Thursday, June 25, 2020 - 9:05pm

Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its second quarter 2020 financial results after the market closes on Tuesday, July 28, 2020.

Key Points: 
  • Century Communities, Inc. (NYSE: CCS), a leading national homebuilder, today announced that the Company will release its second quarter 2020 financial results after the market closes on Tuesday, July 28, 2020.
  • A conference call will be held that same day at 5:00 p.m. Eastern time, 3:00 p.m. Mountain time, to review the Companys second quarter results, discuss recent events and conduct a question-and-answer session.
  • The conference call will be available in the Investors section of the Companys website at www.centurycommunities.com .
  • To Participate in the Telephone Conference Call:
    Dial in at least 5 minutes prior to start time: