News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

IotaComm® Sponsors Healthy Green Schools & Colleges Program to Advance Healthier, Smarter School Environments Nationwide

IotaComm

IotaComm, Inc. ("IotaComm"), a next-generation wireless communications and Internet of Things (IoT) solution provider, is proud to announce its official sponsorship of the Healthy Green Schools & Colleges (HGSC) program. As a sponsor, IotaComm is supporting the nationwide effort to transform K–12 and higher education facilities into cleaner, safer, and more sustainable environments for students and staff—no matter the zip code. HGSC, a program of the Healthy Schools Campaign, is designed to help school facility professionals identify low- and no-cost strategies to improve indoor air quality (IAQ), sustainability, and operational efficiency. Developed in collaboration with school facilities experts, the program equips institutions with the tools to address workforce development, resource constraints, and long-standing environmental health disparities, especially in historically underfunded communities. “This partnership isn’t just about measuring air quality—it’s about making it meaningful,” said Charlie Thiel, Chief Revenue Officer at IotaComm. “Where others offer a snapshot, we provide the full movie. Our Delphi360™ platform collects and transforms data into operational intelligence that district leaders can use to help their schools not just meet standards, but strategically improve environments where students learn and teachers work.” IotaComm’s Delphi360™ platform uses secure connectivity and battery-powered LoRaWAN® sensors to collect key IAQ parameters—including carbon dioxide (CO₂), particulate matter (PM2.5, PM10), temperature, humidity, and VOCs—every 30 minutes. This data is then transformed into actionable insights that empower district leaders, superintendents, and facility teams to make smarter, evidence-based decisions. These insights are especially valuable in helping schools meet HGSC certification requirements, such as CO₂ monitoring across 100% of occupied spaces. “The highest value of IAQ data is in trend analysis—not just static readings,” Thiel added. “Delphi360 helps districts identify issues before they escalate and demonstrates measurable improvements that strengthen transparency with their communities.” A Data-Driven Path to Healthier Schools HGSC’s three-step improvement model—Assess, Commit, Improve—guides institutions at every stage of their sustainability journey: Assess: Schools complete a free online self-assessment to evaluate their current performance and score themselves against the HGSC standard. Commit: Schools officially join the program and gain access to training, peer support, and best-practice guidebooks. Improve: Schools implement changes at their own pace, with expert guidance to address root causes, track progress, and eventually achieve certification status. “Unhealthy indoor air, poor ventilation, and harmful chemicals from outdated maintenance practices put students and educators at risk and impact learning outcomes,” said Sara Porter, Program Director of Healthy Green Schools & Colleges and Vice President of External Affairs at Healthy Schools Campaign. “These challenges are most acute in schools serving low-income communities and students of color. HGSC is designed to remove systemic barriers and create healthier learning environments for all.” “IotaComm’s data-driven approach enhances our program by turning indoor air quality goals into everyday operational improvements,” Porter added. “It’s this kind of practical innovation that helps schools move from intention to impact.” Supporting a Mission of Equity, Transparency, and Impact For IotaComm, this sponsorship represents a natural extension of its mission to deliver scalable, sustainable technology that bridges the gap between data, equity, and action in public infrastructure. We are not just supporting an initiative – we’re helping redefine what it means to create safe, equitable learning environments in the 21 st century. The partnership also aligns with IotaComm’s active crowdfunding campaign, which invites everyday investors to fuel the company’s growth and mission of making smart, healthy infrastructure accessible to every community. To learn more about the Healthy Green Schools & Colleges program and IotaComm’s role as a sponsor, visit: www.healthygreenschools.org/sponsors/iotacomm About IotaComm, Inc. IotaComm is a wireless communications and data services company that provides secure, carrier grade low-power connectivity for the Internet of Things (IoT). Through its nationwide FCC licensed 800 MHz spectrum portfolio and proprietary Delphi360™ platform, IotaComm delivers critical data-driven solutions for smart buildings, smart cities, and sustainable infrastructure. IotaComm leverages the globally adopted LoRaWAN® standard and is a member of the LoRa Alliance®, the leading global association driving the adoption of LoRaWAN® worldwide. Headquartered in Chapel Hill, NC, with operations in Allentown, PA, IotaComm is committed to innovation, sustainability, and delivering value for customers, communities, and shareholders. For more information, visit www.iotacomm.com. About Healthy Schools Campaign Healthy Schools Campaign (HSC) works to ensure all students have access to environments that support health and academic success. HSC provides stakeholders with tools and leadership skills to influence health and wellness policy, advocates for practical reforms, and builds strong coalitions to support sustainable school health initiatives. Learn more at www.healthyschoolscampaign.org. Contact Details Kim Velez, Chief of Staff to the CEO +1 484-861-2994 kvelez@iotacomm.com Company Website https://iotacomm.com/

June 26, 2025 09:45 AM Pacific Daylight Time

Article thumbnail News Release

Back to the Doctor’s Office: As Telehealth Declines, Demand for In-Person Care Drives a Medical Real Estate Shift

The Hoyt Organization

In the wake of the COVID-19 pandemic, virtual healthcare saw a historic surge. But now, a new trend is emerging: patients are returning to their doctors' offices — and they’re doing it in droves. According to new data from the Center for Telehealth and e-Health Law (CTeL), telehealth use has entered a steady decline since its peak during the pandemic. With the expiration of emergency policies that once expanded access to virtual care, analysts project a staggering 12 million telehealth appointments will be lost annually. This shift is placing renewed importance on brick-and-mortar medical practices—and driving an urgent need for physical medical office space in urban hubs across the country. “This isn’t just a statistical dip — it’s a fundamental shift,” says Kurt Hackett, Vice President of Asset Management at Rethink Capital, which owns and manages the Medical Pavilion at 939 Ellis Street in San Francisco. “We're seeing patients of all types of medical disciplines re-emphasize the value of in-person care, and providers are responding by ramping up their physical presence.” A Premier Option in San Francisco's Healthcare Corridor At the heart of the resurgence of in-person care is the Medical Pavilion at 939 Ellis Street, a premier medical office building situated in San Francisco’s vibrant healthcare corridor along Van Ness Avenue. Nestled close by Sutter Health’s CPMC Van Ness Campus, the Pavilion offers a strategic, central location for healthcare providers looking to expand or relocate to a high-demand urban market. “939 Ellis Street is perfectly positioned for providers who need immediate access to hospital systems, public transit, and city and suburban population,” says Hackett. “It checks all the boxes for modern medical delivery.” The property features: Proximity to top-tier health systems and medical campuses Full and partial floor suites to accommodate a wide range of medical uses Infrastructure designed to meet today’s clinical and compliance needs On-site parking, and mass transit accessibility What’s Driving the In-Person Comeback? Several factors are contributing to the retreat from telehealth and the renewed interest in physical appointments: Clinical Limitations of Virtual Care: While video consultations offer convenience, many conditions — such as orthopedic and cardiac issues, cancer care, and urological disorders — require physical examinations, lab work, and imaging that simply cannot be done remotely. Insurance Reimbursement Reversions: As emergency-era policies sunset, insurers are reverting to pre-COVID reimbursement models which often favor in-person visits. This reimbursement structure creates an incentive for providers to bring patients back into the office. Digital Fatigue: After years of Zoom meetings, online learning, and virtual appointments, both patients and providers are reporting burnout with screen-based interactions. Trust and Patient Experience: Research continues to show that face-to-face care fosters stronger patient-provider relationships and improves long-term treatment outcomes—something digital platforms have struggled to replicate. Investment Strategies Follow the Trend For real estate investors and healthcare providers alike, the shift back to in-person care is shaping portfolio decisions in key metro markets like San Francisco, where aging medical stock and strong population density make modern medical offices particularly attractive. “Providers are increasingly seeking newer, well-located facilities that reflect the current standards of care,” Hackett explains. “Our goal at the Medical Pavilion is to offer not just square footage, but an ecosystem where quality care can thrive.” A New Era of Care Delivery As the pendulum swings away from virtual-first healthcare, the demand for high-quality, strategically located medical office space is expected to grow — particularly in regions like the Bay Area, where healthcare innovation and patient demand continue to intersect. For providers seeking to adapt and grow in this changing environment, properties like the Medical Pavilion at 939 Ellis Street represent a unique opportunity: the chance to be part of San Francisco’s healthcare future, right in the heart of its medical corridor. For leasing inquiries at 939 Ellis St., contact Trask Leonard, president and CEO of Bayside Realty Partners at tleonard@baysiderp.com. About Medical Pavilion at 939 Ellis Street: Positioned in the Van Ness medical hub, Medical Pavilion at 939 Ellis Street is a purpose-built medical office building offering flexible, large-scale space options for healthcare users, with direct access to public transit, nearby hospitals, and the city’s primary healthcare corridor. It can accommodate a range of specialties. It boasts a scenic rooftop terrace and available parking. Contact Details Leeza Hoyt +1 310-343-3197 llhoyt@hoytorg.com Company Website https://939-ellis.com/

June 26, 2025 08:00 AM Pacific Daylight Time

Article thumbnail News Release

IotaComm® Announces New Corporate Headquarters in Research Triangle Region, Expanding Footprint in Chapel Hill’s Innovation Hub

IotaComm

IotaComm, Inc. ("IotaComm"), a next-generation wireless communications and Internet of Things (IoT) solution provider, proudly announces the relocation of its corporate headquarters to 200 West Franklin Street in Chapel Hill, North Carolina—a premier Class A creative office space in the heart of downtown. This relocation marks a major milestone in IotaComm’s mission to build the next nationwide wireless carrier purpose-built for the Internet of Things. By combining secure, carrier-grade connectivity with smart infrastructure applications, IotaComm is enabling a future where buildings and cities can communicate intelligently, efficiently, and affordably. “This move represents more than a change of address—it’s a strategic investment in our future,” said Terrence DeFranco, Chairman and CEO of IotaComm. “By establishing our headquarters in Chapel Hill, we’re aligning our growth trajectory with a world-class talent pool, a thriving innovation ecosystem, and a community that shares our values around sustainability, technology, and education. At the same time, we remain deeply committed to our operations in Lehigh Valley, Pennsylvania, where our roots run deep and where we continue to advance key initiatives in education, smart manufacturing and community-based innovation.” Key Highlights of the New IotaComm Headquarters: Address: 200 West Franklin Street, Chapel Hill, NC 27516 Location: Prime downtown Chapel Hill with an 80 Walk Score—“Very Walkable” Proximity: Steps from the UNC campus and Chapel Hill Transit routes Space: Top-floor office (formerly occupied by a top 20 Fortune 500 tech company) Move-In Ready: Fully furnished with FF&E for rapid activation Talent Access: Immediate pipeline to UNC’s research and student communities “Our journey began through Innovate Carolina’s startup hub,” DeFranco added. “Today we’re proud to be collaborating with regional leaders such as the Ackerman Center for Excellence in Sustainability at UNC Kenan-Flagler Business School, as well as a growing number of partners across the Research Triangle. This move accelerates our ability to build, hire, and innovate with purpose.” A Strategic Growth Platform The new location supports IotaComm’s nationwide expansion of its LoRaWAN® network and its commercialization of Delphi360TM, a platform designed to digitize building systems and deliver real-time insights for air quality, energy use, and asset performance. With strong momentum in the education sector, IotaComm is rapidly accelerating into additional high-impact verticals, including manufacturing, hospitality, and government—each requiring scalable connectivity and actionable data to modernize operations and improve outcomes. “We’re excited to welcome IotaComm to 200 West Franklin and to the greater Chapel Hill business community,” said Hastings Jones, Vice President at CBRE and representative of 200 West Franklin’s ownership, Antoine Puech of MEY Corporation. “This iconic space offers the infrastructure and location needed for a high-growth technology company to scale—and direct access to world-class talent and thought leadership.” IotaComm will continue to grow its operations in Lehigh Valley, PA, including ongoing investments in smart manufacturing initiatives, education partnerships, and community engagement through IotaCommUnity initiatives. The Chapel Hill headquarters complements these efforts and positions the company to scale nationally while staying grounded in its hfounding communities. About IotaComm, Inc. IotaComm® is a private wireless communications and data services company that provides secure, carrier-grade low-power connectivity for the Internet of Things (IoT). Through its nationwide FCC-licensed 800 MHz spectrum portfolio and proprietary Delphi360™ platform, IotaComm® delivers critical data-driven solutions for smart buildings, smart cities, and sustainable infrastructure. IotaComm® leverages the globally adopted LoRaWAN® standard and is a member of the LoRa Alliance®, the leading global association driving the adoption of LoRaWAN® worldwide. Headquartered in Research Triangle Park, NC, with operations in Allentown, PA, IotaComm is committed to innovation, sustainability, and delivering value for customers, communities, and shareholders. For more information, visit www.iotacomm.com. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. IotaComm, Inc. has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here. Contact Details IotaComm, Inc. Kimberly Velez, Chief of Staff to the CEO +1 855-743-6478 kvelez@iotacomm.com Company Website https://iotacomm.com/

June 24, 2025 12:00 PM Eastern Daylight Time

Article thumbnail News Release

Clarion Partners Makes First Investment in Bozeman, Montana Market

Clarion Partners

Clarion Partners, LLC, a leading real estate investment manager, is partnering with Wentworth Property Company to develop Highmark, a new 162-unit townhome and apartment community in Bozeman, MT. Located in a Qualified Opportunity Zone (QOZ) on 8+ acres in the broader South University District master-planned neighborhood, Highmark is bringing high-quality rental housing options to one of the most rapidly growing micropolitan areas in the U.S. Leasing began in April 2025, and the project is scheduled for completion in late 2025. Inclusive of a broad range of unit styles, from single bedroom apartments to 3-story townhomes, the community, situated less than a half mile from the Montana State University campus and less than two miles from Downtown Bozeman, offers a variety of living accommodations for families and students alike. “Bozeman offers an unparalleled outdoor lifestyle as well as proximity to a growing education and technology employment base,” said Clarion Partners Managing Director Jason Glasser. “The development of Highmark will add a variety of new housing options in a popular area where home prices have become increasingly unaffordable.” Units feature 10-ft ceilings, modern kitchens with quartz countertops and stainless steel appliances, wood-vinyl flooring, ample storage, full size washing machines and dryers, and individual yards and balconies for the townhomes. Community amenities include a clubroom, fitness center, package locker room, outdoor gathering area, hot tub, dog park, pet spa, and over 300 parking spaces. Clarion is currently invested in 170 properties (nearly $8 billion in GRE) in areas designated as QOZs and owns an additional 734 properties (over $38 billion in GRE) in submarkets neighboring U.S. QOZs. 1 About Clarion Partners Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With over $73 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to 500 institutional investors across the globe. For more information visit www.clarionpartners.com. 1 As of December 31, 2024 Contact Details Chris Sullivan +1 917-902-0617 chris@craftandcapital.com Company Website https://www.clarionpartners.com

June 23, 2025 04:00 PM Eastern Daylight Time

Image
Article thumbnail News Release

HomeSphere and Overhead Door Announce New Partnership for Residential Builders

HomeSphere

HomeSphere, the leading platform connecting building product manufacturers to mid-market homebuilders, has announced a new strategic partnership with Overhead Door, a trusted, well-known garage door brand for homebuilders, builder-developers and general contractors. Through the collaboration, more than 2,700 builders in HomeSphere’s U.S. network can claim exclusive rebates on Overhead Door™ brand garage doors, receiving enhanced value on a brand they already know and trust. “As a result of the partnership, more builders can access trusted garage door solutions through a single point of entry,” said Eric Herbst, Vice President of Builder Sales at Overhead Door, “saving time and simplifying operations for our builder partners.” Since 1921, the Overhead Door™ brand has dominated the industry with superior design and quality backed by local distributors delivering on solutions and support. As a direct source of equipment, service, and solutions, Overhead Door™ exceeds expectations and simplifies the job for homebuilders. “HomeSphere offers its builder members the highest quality products at superior prices, all through a single portal, said HomeSphere CEO Greg Schwarzer. “Like Overhead Door™, our mission is to help builders save time and money. Our platform reduces the complexity of the product evaluation and rebate collection process for builders during a time of great uncertainty.” About HomeSphere Established in 1999, HomeSphere connects local and regional homebuilders to exclusive rebate offerings. HomeSphere’s builder network constructs and closes more than 250,000 new homes and units per year, making it the largest homebuilding group in the country by volume. Using HomeSphere-HQ, HomeSphere’s award-winning rebate management platform, builders capture incentives on completed homes, discover new products for their future projects, and develop key relationships with the 80-plus manufacturers in HomeSphere’s preferred partner network. For more information about HomeSphere’s products and solutions for homebuilders and manufacturers, visit www.homesphere.com. About Overhead Door ™ brand The Overhead Door™ brand, which is recognized by its iconic Red Ribbon logo and “The Genuine. The Original.” slogan, is one of the most trusted residential garage door and commercial door manufacturers in North America. The Overhead Door™ brand products are available through our dedicated network of more than 440 Distributors—operating across the country using the trade name “Overhead Door Company”. For additional information, visit www.overheaddoor.com. ©2025 Overhead Door Corporation. The Overhead Door™ brand is a trademark and the Ribbon Logo is a registered trademark of Overhead Door Corporation. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Overhead Door Alex Conis alexandra_conis@overheaddoor.com Company Website https://www.homesphere.com/

June 12, 2025 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Clarion Partners Welcomes MEI Industrial Solutions to the Tahoe Reno Industrial Center

Clarion Partners

New York, NY – May 29, 2025 – Clarion Partners, LLC, a leading real estate investment manager, welcomes MEI Industrial Solutions (“MEI”) to 500 Denmark Drive, a newly constructed 322,000-square-foot Class A building located within the Tahoe Reno Industrial Center (“TRIC”). MEI Industrial Solutions (formerly MEI Rigging & Crating) is a leading provider of rigging, machinery moving, industrial storage, millwrighting, crating, export packing services, and specialized transportation services across the nation. The company has leased 161,200 sq. ft. of space, representing approximately half of the building. 500 Denmark is part of a larger development of over 1 million square feet of Class A warehouses at the TRIC, considered to be one of the largest industrial parks in the world. “We’re pleased that MEI Industrial Solutions has chosen to include 500 Denmark Drive as part of its regional West Coast logistics expansion,” said Clarion Partners Managing Director Jason Glasser. “As a high-growth and desirable submarket conveniently located near major transportation routes, Reno continues to offer industrial users like MEI a compelling value proposition.” The new facility significantly expands MEI’s operational footprint in Northern Nevada and enhances MEI’s service capacity with secured indoor and outdoor storage space, joining MEI’s nationwide network of 50+ facilities across 24 states. In addition, the facility is well positioned to serve the company’s data center and manufacturing customer base nearby. Clarion Partners acquired 500 Denmark Drive on behalf of a commingled fund in July 2024. Surrounded by numerous data centers as well as national tech, big box, and e-retailer tenants, the acquisition expanded Clarion’s existing Reno-area industrial footprint of over 1.7 million sq. ft. It also marked Clarion’s first entry into Sparks, NV - one of Reno’s most active submarkets and an active Federally designated Qualified Opportunity Zone (“QOZ”). Clarion is currently invested in 170 properties (nearly $8 billion in GRE) in areas designated as QOZs and owns an additional 560 properties (over $30 billion in GRE) in submarkets neighboring QOZs. 1 Clarion Partners, LLC, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 40 years. Headquartered in New York, the Firm maintains strategically located offices across the United States and Europe. With $73.1 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to approximately 500 institutional investors across the globe. Clarion is scaled in all major property types and was an early entrant into the Industrial sector. The Firm’s global industrial team manages a ~1,000 property portfolio in the U.S. and Europe consisting of more than 250 million square feet. Clarion Partners is an independently operated specialist investment manager of Franklin Templeton. More information about the firm is available at www.clarionpartners.com. Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.5 trillion in assets under management as of April 30, 2025. Contact Details Chris Sullivan +1 917-902-0617 chris@craftandcapital.com Company Website https://www.clarionpartners.com

June 09, 2025 04:00 PM Eastern Daylight Time

Image
Article thumbnail News Release

Comcast to Connect 70,000 Homes and Businesses in Bryan-College Station to Reliable, Fiber Internet

Comcast Texas

Comcast will connect 70,000 new homes and businesses in Bryan-College Station to fast, secure and reliable, fiber Internet. This expansion into the region will enhance digital infrastructure, promote economic growth and position residents and local businesses for success in an increasingly digital world. The multi-year network expansion brings Xfinity and Comcast Business Internet, mobile, entertainment and security services to the two cities for the first time. The multiphase project includes building a new technology hub that will act as “the brain” of the network, supporting all Xfinity and Comcast Business services. Comcast will also install more than 1,000 miles of fiber lines – enough to span the distance from the Brazos Valley to Universal Studios in Florida. The tech leader also plans to open an interactive Xfinity retail store, which will be announced later. "Bryan-College Station is a hotbed for innovative technology, and this investment by Comcast will help our region stay competitive,” College Station Mayor John Nichols said. “Reliable broadband access is essential for our growing community, from the tens of thousands of Aggie students who call College Station home to our creative business community. Investing in strong connectivity ensures everyone has the advanced resources they need to thrive in a digital world." “We are grateful that Comcast is making this multimillion-dollar fiber infrastructure investment in our community,” City of Bryan Mayor Bobby Guiterrez said. “This investment in connectivity strengthens our local economy and helps our residents thrive. Expanding reliable high-speed Internet in Bryan will open doors for students, businesses and families. It will enhance opportunities and improve quality of life.” Residents can visit ComcastTexas.com/BCS for additional details on construction expectations and upcoming service availability. Portions of the project are currently under construction. Comcast’s most recent expansion to Bryan-College Station is part of the company’s $1.6 billion investment in technology and infrastructure in Texas over the last three years. “Expanding fiber Internet in communities like Bryan-College Station will be a catalyst for economic growth, enhancing educational opportunities and helping residents and businesses have the tools they need to thrive in the digital age,” Nicolas Jimenez, Comcast’s General Market Manager of Bryan-College Station said. “By investing in the infrastructure and connectivity of these communities, we’re empowering individuals and businesses to succeed and pave the way for a brighter, more connected future." A Network You Can Trust to be Reliable, Fast and Secure Comcast’s state-of-the-art network is built to enable residents and businesses to thrive in today’s constantly connected world. Bryan-College Station joins the 64 million homes and businesses across the country to have access to a network that is trusted by essential community organizations like hospitals, schools, transportation systems and first responders, and federal agencies like the Department of Defense. It delivers multi-gigabit Internet speeds, 99.9 percent reliability and security built in from the ground up to keep customers safe from cyber threats. Introducing Xfinity to Consumers Comcast’s residential services are marketed under the Xfinity brand. Consumers in Bryan-College Station will be able to take advantage of the full suite of Xfinity products: Internet, video, mobile, voice and home security. Xfinity offers multi-gigabit Internet speeds, powerful WiFi that reaches every corner of the home, and super-responsive, low-lag connections. Xfinity customers can enjoy a reliable, high-speed experience—whether they’re streaming sports and entertainment, video chatting with friends and coworkers, learning from home or simply browsing online. Comcast Business to Power Bryan-College Station’s Workforce For local businesses, Comcast Business offers a suite of connectivity, communications, networking, mobile, security, wireless, and managed solutions to help organizations of all sizes achieve their business goals. Industry analysts and associations have consistently recognized Comcast Business as a leader and innovator in flexible, scalable options as well as one of the fastest-growing providers of Ethernet services. Serving Everyone in the Bryan-College Station Community Comcast’s commitment to communities goes beyond building the network and aims to increase economic mobility for the local community and its residents. That’s why Comcast created Internet Essentials, a broadband adoption program that offers eligible households low-cost, high-speed Internet and affordable computers. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms, we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Taisha Walker +1 832-942-1131 Taisha_Walker@comcast.com Company Website https://ComcastTexas.com/BCS

May 29, 2025 07:02 AM Central Daylight Time

Image
Article thumbnail News Release

Under Construction: Four Stocks Capitalizing on the U.S. Building Boom

JFB PLD LEN TOL

The U.S. construction industry is showing robust growth in 2025, with total construction spending reaching an annualized $2.19 trillion as of March—up nearly 3% year-over-year. Residential demand remains strong amid affordability pressures, while commercial, industrial, and infrastructure projects continue steady expansion. This broad-based momentum is creating fertile ground for companies operating across the construction and real estate sectors to capitalize on rising opportunities and innovation. With that solid industry tailwind, let’s explore four stocks making waves in this dynamic market. JFB Construction Holdings (Nasdaq: JFB) continues to build on its momentum in 2025, announcing this week that it has signed over $69.5 million in new construction and development contracts across a broad range of verticals, including hospitality, commercial retail, industrial, high-end residential, and real estate development. The new deals come on the heels of a standout first quarter that saw JFB report a 93% year-over-year revenue increase, further solidifying its early status as one of the more intriguing small-cap entrants in the real estate and construction space. “This achievement is such an important milestone for our company,” said CEO Joseph F. Basile, III, noting that the diverse portfolio of new projects reinforces JFB’s ability to leverage its relationships and operational strengths across multiple sectors. “Our ability to keep our promises to our customers remains paramount to our continued success.” Since its Nasdaq debut in March via a $5.16 million IPO, JFB has been aggressive in securing high-value projects that reflect both its operational ambition and sector versatility. In April, the company kicked off construction on its largest residential development to date—a $21 million, 79-unit luxury townhome community in Port Salerno, Florida. That was followed by the announcement of a $15 million contract for a 103,000-square-foot luxury auto storage facility in Charlotte, NC, marking the company’s largest industrial project to date. Earlier this month, JFB deepened its push into the hospitality sector, signing two significant deals with Marriott Hotels. The first—a $18 million co-development of a new Courtyard by Marriott in Olive Branch, Mississippi—showcased JFB’s evolution into a true development partner. The second was a $6.7 million contract to convert a Holiday Inn into a Courtyard by Marriott in Melbourne, Florida. According to Basile, these back-to-back hospitality wins are expected to be “key to establishing long-term brand relationships and future pipeline growth.” Taken together, these recent announcements offer a clear picture of JFB’s post-IPO strategy: secure high-value, high-visibility projects across multiple sectors while reinforcing its brand as a versatile, trustworthy contractor with national reach. As of May, JFB has provided services in 36 states and is increasingly targeting regions with rapid population growth and infrastructure demand. JFB appears to be executing on its growth blueprint with speed and focus. The $69.5 million in new contracts is not only a headline number, it’s a statement that JFB aims to scale aggressively while maintaining the relationship-driven, hands-on approach that built its foundation. Prologis (NYSE: PLD) continues to reinforce its position as the backbone of global logistics infrastructure. The industrial REIT recently declared another $1.01 per-share quarterly dividend—unchanged from the March payout and part of a 5% year-over-year increase—underscoring its stability and ongoing commitment to shareholder returns. The company’s Q1 earnings report highlights a robust balance sheet, including $6.5 billion in available liquidity and a low debt-to-EBITDA ratio of 4.9x. With 96% of equity exposure and nearly all forecasted earnings through 2027 denominated in or hedged to the U.S. dollar, Prologis remains well insulated from currency volatility. In April, Prologis led an initiative with other major industrial REITs to standardize non-GAAP property metrics such as occupancy, retention, and rent change—an effort aimed at improving sector-wide transparency and investor comparability. The move reinforces Prologis' position as a sector leader not just in scale, but in setting best practices across the industry. With a weighted average interest rate of just 3.2% on total debt and a long-term funding horizon, PLD enters the second half of 2025 with substantial financial flexibility and sector-defining relevance. While smaller names are chasing growth, Prologis is proving that size and discipline remain powerful long-term advantages. Lennar Corporation (NYSE: LEN) continues to navigate a challenging housing market while executing its strategic shift toward an asset-light, technology-driven homebuilding model. The company reported first quarter 2025 revenues of $7.2 billion, driven by a 6% rise in home deliveries to 17,834, even as average sales prices softened slightly to $408,000 amid persistent affordability pressures. Lennar’s operational efficiency improved, with cycle times down 11% year over year and inventory turns increasing to 1.7 times, reflecting tighter inventory management. The company’s disciplined use of incentives, including interest rate buydowns, has helped maintain sales momentum and manage supply despite a macroeconomic environment marked by high inflation and consumer uncertainty. Financially, Lennar remains solid, ending the quarter with $2.3 billion in cash and no borrowings on its $3 billion revolving credit facility. Its balance sheet strength was further bolstered by a $703 million share repurchase program and the completion of the Millrose spin-off, which accelerates Lennar’s transition to a pure-play homebuilder. The acquisition of Rausch Coleman Homes expanded Lennar’s presence in key Southern and Midwestern markets, reinforcing its geographic footprint. Meanwhile, the company continues to grow its multifamily segment through Quarterra Multifamily, which recently launched leasing at The Ansel, a luxury apartment community in Frisco, Texas. Looking ahead, Lennar expects second quarter home deliveries of 19,500 to 20,500 and anticipates maintaining gross margins near 18%, underscoring its focus on balancing growth with profitability as market conditions evolve. Toll Brothers (NYSE: TOL) reported solid Q2 fiscal 2025 results on May 20, 2025, while expanding in luxury residential markets through new home communities and apartment developments. For the quarter ending April 30, 2025, Toll Brothers posted net income of $352.4 million, or $3.50 per diluted share, compared to $481.6 million, or $4.55 per share, a year earlier. The prior year included a $124 million land sale gain, which when excluded, offers a more comparable basis. Home sales revenues reached a record $2.71 billion, up 2% year-over-year, driven by a 10% increase in home deliveries to 2,899 units. Net signed contract value declined 11% to $2.60 billion, and backlog fell 7% to $6.84 billion. Margins remained steady with a home sales gross margin of 26.0%, slightly above last year’s 25.8%. Adjusted home sales gross margin stood at 27.5%, reflecting effective cost controls amid inflation. Chairman and CEO Douglas Yearley, Jr. highlighted Toll Brothers’ diversified luxury portfolio and strategic discipline, noting, “Record home sales revenues significantly exceeded expectations, underscoring broad appeal across price points and markets.” The company increased its quarterly dividend by 9% to $0.25 per share, signaling confidence in cash flow and shareholder returns. Toll Brothers Apartment Living, the rental division, recently opened Navona, a 400-unit luxury apartment community in Mesa, Arizona, featuring upscale finishes, smart home tech, and resort-style amenities tailored to one of Phoenix’s fastest-growing submarkets. In single-family housing, the company announced Toll Brothers at HighPoint, a gated Scottsdale community with 122 home sites priced from $1.9 million, and final opportunities to build in Laurel Pointe, Orlando, with homes from $1.7 million. Toll Brothers invested approximately $723 million in land during Q2, adding 4,380 lots and growing its land bank to roughly 78,600 lots to support future growth. The company reaffirmed fiscal 2025 guidance of 11,200 to 11,600 home deliveries and an adjusted home sales gross margin near 27.25%, ending the quarter with $686.5 million in cash and $2.19 billion in available credit. With its leadership in luxury homebuilding, expanding multifamily portfolio, and strong financial footing, Toll Brothers is positioned to meet ongoing demand for high-end housing. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting LLC to assist in the production and distribution of content related to chJFB. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Razorpitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com

May 28, 2025 09:00 AM Eastern Daylight Time

Article thumbnail News Release

130 Years Strong: KDW Celebrates Extraordinary Legacy of Building Excellence

KDW

KDW, an award-winning Texas design-build firm, is celebrating an extraordinary milestone — 130 years of continuous, multigenerational family-owned operations. Since its founding in 1895, the company has grown from a reputable and respected East Texas construction business to Texas’ premier design-builder. "Celebrating 130 years in business is a rare and humbling milestone. It’s a testament to the enduring relationships we’ve built along the way,” said KDW Co-founder and CEO Keith Dalton. “We are profoundly grateful to the clients who have trusted us to bring their visions to life. Their partnership and friendship have fueled our growth, inspired our innovation, and sustained our legacy that began with a simple promise: to go beyond for every client. We carry that promise forward with pride and purpose, with a commitment to deliver every project with excellence and integrity for generations to come.” In 1895, the Kingham family established its first construction company in Nacogdoches, Texas, where it shaped the infrastructure of East Texas, building schools, hospitals, churches and several Stephen F. Austin State University buildings. In 2004, the business entered a new era with the launch of Kingham Dalton Wilson, Ltd. (KDW), a strategic partnership between the Kingham family, Keith Dalton and Welcome Wilson Jr. that brought together their respective years of experience with forward-thinking practices needed to meet the needs of global and domestic companies. Today, KDW operates from offices in Houston, Austin and Nacogdoches, supporting clients in commercial and industrial sectors with an integrated, single-contract design-build model staffed by in-house architects, in-house designers and multidisciplinary building professionals. KDW is a one-stop partner for global, national and local businesses alike. Its portfolio of more than 2,500 projects includes award-winning work for Elin Energy and Waaree Solar, state-of-the-art manufacturing and logistics facilities for Goya Foods, Sika and MAN Energy Solutions, advanced recycling centers for Balcones Resources, and destination venues such as Typhoon Texas Waterparks and the Fredonia Hotel. The firm has built more than $1 billion in projects since 1895 but recognizes its true impact in its long-standing relationships. By prioritizing open collaboration with clients, design partners and trade professionals, KDW establishes the foundation of trust and transparency that leads to successful completions. Learn more about KDW’s legacy at KDW.com. About KDW KDW is a full-service design-build firm with offices in Houston, Austin, and Nacogdoches. A fifth-generation family-owned business, KDW has simplified the construction process for global and domestic clients for 130 years, with projects spanning industrial, manufacturing, cold storage, food & beverage, commercial, lifestyle and interiors. Its team of over 100 multi-disciplinary experts ensures projects are completed on time, within budget, and beyond client expectations. For more information about the company’s culture of innovation, collaboration, and commitment to its people, visit KDW.com. Contact Details Jessica Poulalier jessica@centerreachcommunication.com Company Website https://kdw.com/

May 27, 2025 10:00 AM Central Daylight Time

12345 ... 65