Construction & Property News

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May 20, 2025 at 6:45 AM

RH Announces the Appointment of Lisa Chi as President, Co-Chief Merchandising & Creative Officer

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH announced today the appointment of Lisa Chi as President, Co-Chief Merchandising & Creative Officer reporting to RH Chairman & CEO Gary Friedman. Lisa will co-lead Product Development, Merchandising, Inventory Planning, Sourcing, Manufacturing, and Marketing, across the Company’s Physical, Print, and Digital Platforms with Eri Chaya, RH President, Co-Chief Merchandising & Creative Officer and member of the RH Board of Directors. “We are hono...
May 20, 2025 at 6:45 AM

Ferguson to Issue Third Quarter Results And Host Conference Call on June 3, 2025

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) announces today that it will issue its third quarter results on Tuesday, June 3, 2025. The results will be available on Ferguson’s website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. BST. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. BST on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide pre...
May 20, 2025 at 6:30 AM

Eagle Materials Announces Fourth Quarter and Fiscal Year 2025 Results

DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for fiscal year 2025 and the fiscal fourth quarter ended March 31, 2025. Notable items for the fiscal year and quarter are highlighted below. (Unless otherwise noted, all comparisons are with the prior fiscal year or prior year’s fiscal fourth quarter, as applicable.) Full Year Fiscal 2025 Highlights Record Revenue of $2.3 billion, up slightly from the prior year Net Earnings of $463.4 million, down 3% Re...
May 20, 2025 at 6:00 AM

Blue Point-Backed Pinnacle MEP Amps Up Portfolio with Hammans Electric Add-On

CLEVELAND--(BUSINESS WIRE)--Blue Point Capital Partners and its portfolio company, Pinnacle MEP, announced today the strategic acquisition of Hammans Electric, Inc., a licensed electrical contractor with more than 30 years of experience in commercial and industrial services throughout the Indianapolis area. This is the second transaction for the Pinnacle platform in partnership with Blue Point since the firm’s initial investment last year, and the fifth Indianapolis-based add-on overall, bringi...
May 20, 2025 at 6:00 AM

AHS to Launch $750 Million Casa AHS on Dubai Water Canal

DUBAI, United Arab Emirates--(BUSINESS WIRE)--AHS to Launch $750 Million Casa AHS on Dubai Water Canal...
May 20, 2025 at 6:00 AM

Azureon’s Acquisition of Bona Pools Bolsters New Jersey Leadership

NEWARK, N.J.--(BUSINESS WIRE)--O2 Investment Partners is pleased to announce that Azureon has made an investment in and partnered with Henry Bona Pools & Spas....
May 20, 2025 at 5:00 AM

Procore Doubles Down on BIM, Empowering Contractors and Owners to Build Smarter

CARPINTERIA, Calif. & LONDON--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today announced investments in its Building Information Modeling (BIM) capabilities. Expanding on its existing BIM offerings, Procore has announced its acquisitions of Novorender and FlyPaper, which upon integration will empower owners and contractors worldwide to unlock BIM, streamline coordination, and connect critical BIM data seamlessly across...
May 20, 2025 at 4:50 AM

Cvent Announces Top Meeting Destinations and Top Meeting Hotels Worldwide for 2025

TYSONS CORNER, Va. & FRANKFURT, Germany--(BUSINESS WIRE)--Cvent’s annual rankings have become indispensable for event planners, highlighting top-of-the-line cities, hotels & venues for all their event needs....
May 19, 2025 at 6:39 PM

IPA Capital Markets Arranges $720 Million Loan for Office-to-Residential Conversion of Former Pfizer Headquarters

NEW YORK--(BUSINESS WIRE)--IPA Capital Markets Arranges $720 Million Loan for Office-to-Residential Conversion of Former Pfizer Headquarters...
May 19, 2025 at 6:27 PM

Button Finance Secures $5 Million Series A to Expand AI-Driven Home Equity Lending Platform Amid Booming Market

NEW YORK--(BUSINESS WIRE)--Profitable and growing fintech Button Finance secures $5M with Hildene Capital Management-Led Series A for AI home equity lending platform....
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