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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

Kryton International Urges Durable Concrete Standards as Data Centers Face Mounting Infrastructure Risks

The Hoyt Organization

As the demand for high-performance data centers surges around the world, Kryton International, the global leader in waterproofing and durability solutions for concrete, is calling attention to a growing threat to uptime and asset longevity: concrete degradation. With operators increasingly adopting robotics and automation within their facilities, the need for ultra-durable, waterproof concrete is no longer optional — it’s critical. According to Forbes, the average cost of a data center outage has soared to over $9,000 per minute, with some incidents exceeding $1 million per hour. Seemingly minor infrastructure failures — such as a hairline crack in a concrete slab that leads to water ingress — can escalate rapidly, damaging sensitive servers and power infrastructure. Even small leaks that do not fully penetrate can corrode the internal steel rebar and trigger a full collapse of concrete walls, cable trays, raised floors, power conduits, or cooling lines. “Concrete is often treated as a static component of a data center, but in reality, it is a dynamic and vulnerable part of the facility,” said Kari Yuers, President & CEO of Kryton International. “Traditional concrete is prone to microcracking, water penetration, and abrasion — all of which can lead to costly damage, downtime, and reputational risk for operators.” This risk is amplified by the massive volumes of water used to cool today’s data centers. Many large facilities use millions of gallons of water daily to regulate temperature — Google alone reported using over 5 billion gallons of water across its U.S. data centers in 2022. As cooling systems circulate water through and around concrete infrastructure, the potential for seepage and structural degradation grows — especially when relying on outdated or inadequately treated concrete. Additionally, the implementation of robotics to handle racks within the facility – an increasingly more common practice within the data center industry – subjects the concrete to abrasion from wheeled traffic cycles. Kryton’s Krystol Internal Membrane™ (KIM®) and Hard-Cem® admixtures provide industry-leading protection by making concrete self-sealing, waterproof, and resistant to abrasion — even under the heavy loads and constant movement associated with robotic systems. “Data centers are expanding to handle the processing power of AI systems, and the modern, high-efficiency warehouses are increasingly being driven by robotics,” said Yuers. “That shift demands a new standard in concrete performance — one that resists not just time, but moisture and abrasion.” The need is growing as hyperscale and edge data centers expand into regions with high water tables, such as Texas and the Southern U.S.; seismic activity; or wide seasonal temperature swings — all of which increase the risk of concrete deterioration. Once a water leak occurs, not only is there potential damage to electronics, but entire operations may grind to a halt for remediation and equipment replacement. By integrating Kryton's innovative admixtures at the time of construction, operators can avoid costly shutdowns, eliminate reliance on external waterproofing membranes, and ensure long-term operational resilience. Key Advantages of Advanced Concrete Solutions in Data Centers: Moisture Protection: Waterproof concrete helps eliminate the risk of seepage and moisture migration through floors and below-grade walls, which is especially vital in facilities with raised floors or sensitive power and cooling infrastructure. Long-Term Integrity: Abrasion-resistant concrete stands up to the high traffic and mechanical wear caused by heavy equipment, maintenance operations, and cable tray installations—ensuring longevity without the need for frequent repairs. Energy and Cost Efficiency: By mitigating risks of structural damage, corrosion, and mold growth, advanced concrete formulations reduce the need for costly repairs, operational disruptions, and energy losses from compromised insulation systems. For more information about Kryton’s concrete durability solutions for mission-critical infrastructure, visit www.kryton.com. ABOUT KRYTON Kryton International Inc. is the inventor of the crystalline waterproofing admixture and has been waterproofing concrete structures with its proprietary KrystolÂ® technology since 1973. Kryton has won awards for innovation, manufacturing, best place to work, and entrepreneurship. Kryton is an active member of the American Concrete Institute, International Concrete Repair Institute, American Shotcrete Association, and many other thought-leading organizations. Kryton exports its products to more than 50 countries globally. www.kryton.com Contact Details Kryton International Andrew King +1 914-513-6895 aking@hoytorg.com Company Website https://www.kryton.com/

June 10, 2025 09:00 AM Pacific Daylight Time

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

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Shumate Engineering Presents Breakthrough Hybrid Dry Adiabatic Cooling Design, Passes Key Benchmark

The Hoyt Organization

In a major breakthrough for the data center industry, Shumate Engineering, a leading full-service MEP engineering firm specializing in mission-critical data center environments, has launched its new cooling design, which is proven to significantly reduce power and water consumption. Hybrid-Dry/Adiabatic-Cooling (HDAC), a patent-pending design, was presented last month at AFCOM’s Data Center World conference in Washington, D.C., to hundreds of industry insiders who agreed with the system. HDAC utilizes both wet and dry cooling techniques within a closed loop, has the potential to disrupt the sector – just as its grappling with the proliferation of artificial intelligence. “With the need for massive computing power taking hold around the world, the data center industry is booming right now; however, the power and water needed to cool the racks and keep them functioning has limited its progress,” said Daren Shumate, PE, founder and managing principal of Tysons, Va.-based Shumate Engineering. “Major data center projects backed by the biggest names in tech have resorted to drastic measures to meet this demand, including the construction of high-density data centers that span city blocks and recommissioning nuclear power plants, but our cooling design manages to use half of the power and less than 10 percent of the water compared to traditional data centers – offering a massive savings of natural resources and billions of dollars in costs.” This hybrid-dry adiabatic (HDAC) design was presented by Shumate and R. Stephen Spinazzola, PE, director of mission critical services at Shumate Engineering at the AFCOM conference. They explained how to get power usage effectiveness (PUE) for a hyperscale data center in the mid-Atlantic region – typically higher than 1.2 – down to a range between 1.1 to 1.06 PUE, depending on the ratio of traditional air cooled versus direct liquid cooled equipment. They followed up the presentation with a successful test at Baltimore Aircoil Company's testing facility where the system met all specific design requirements, including: Maintaining 68 deg F fluid supply temp up to 60 deg F ambient dry bulb Maintaining 90 deg F fluid supply temp up to 82 deg F ambient dry bulb Maintaining 90 deg F fluid supply temp up to 81 deg F ambient wet bulb “We are incredibly pleased with the performance of our HDAC design,” said Spinazzola, the creator of the design who already has six patents in his name. “This test verifies our claim that this system uses approximately the same water an air-cooled chiller system uses when combining on site and electrical power plant water use.” The timing couldn’t be more relevant. As global demand for high-performance data centers surges — driven largely by the exponential growth of artificial intelligence, machine learning, and cloud computing — cooling infrastructure has become a critical bottleneck. Shumate Engineering's groundbreaking solution addresses both the energy and environmental challenges associated with traditional evaporative and mechanical cooling methods. “Our new hybrid system is a game-changer,” Shumate said. “By dramatically reducing both energy and water consumption, we're enabling data center operators to scale up AI and high-density workloads sustainably and cost-effectively. It’s an engineering solution that meets the moment.” Unlike conventional systems that rely heavily on water-based evaporative cooling, Shumate Engineering’s HDAC design combines advanced dry cooling principles with prescribed adiabatic enhancements, optimizing thermal performance without compromising environmental responsibility. The result is a scalable, modular system that not only meets the intense thermal demands of AI-driven computing but also reduces operational costs and environmental footprint — a critical consideration as data centers face growing scrutiny over resource usage. “Considering that a typical ChatGPT query used 10 times more power than the average Google search, the future of computing demands a future-ready infrastructure,” Spinazzola said. “Our HDAC system keeps pace with technological advancements while meeting aggressive sustainability goals – cutting power usage in half and using just a sip of water." About Shumate Engineering Shumate Engineering is a full-service MEP engineering firm specializing in mission critical, data center environments. Its ever-growing roster of engineers have collaborated on many projects — from the namesakes of northern Virginia’s “Data Center Alley” and the rapidly growing DMV housing market to new prospects in Richmond and beyond. The team’s game-changing Hybrid Adiabatic Fluid Cooler - which uses half as much power and 90 percent less water than traditional cooling systems for AI data centers - is set to be approved by the U.S. Patent and Trademark Office this summer. Learn more at shumateengineering.com. Daren Shumate, Founder and Managing Principal of Shumate Engineering, boasts many accomplishments in data center design including is an engineering icon the Smithsonian Institution’s main data center in Herndon, eBay’s chief 26-megawatt Tier E structure in Utah, the NSA’s High Performance Computing Center in Ft. Meade, and the Fannie Mae-owned data center in Urbana that was the first of its kind to attain LEED. He is a licensed electrical engineer in more than 20 states and lives in the Washington, D.C. area. Steve Spinazzola, Director of Mission Critical Services for Shumate Engineering, offers more than 42 years of experience in both mechanical design and project management on corporate, mission-critical, educational, health and science, retail, and institutional projects. His game-changing Hybrid Adiabatic Fluid Cooler - which uses half as much power and 90 percent less water than traditional adiabatic cooling - is set to be approved by the U.S. Patent and Trademark Office this summer. ### Contact Details Shumate Engineering Andrew King +1 914-513-6895 aking@hoytorg.com Company Website https://shumateengineering.com

June 03, 2025 04:01 PM Eastern Daylight Time

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

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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

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

HomeSphere and Wayne Dalton Announce New Partnership

HomeSphere

HomeSphere, the leading platform connecting building product manufacturers to mid-market homebuilders, has announced a new strategic partnership with Wayne Dalton, the number one builder brand for garage doors. Through the collaboration, more than 2,700 builders in HomeSphere’s U.S. network can claim rebates on Wayne Dalton’s TotalPack™ Solutions, a complete jobsite-ready package including the top-selling Model 9100 and the exclusive TorqueMaster® Plus Counterbalance System, designed for faster, safer installation. “By joining HomeSphere as a Total Solutions Partner we can make it even easier for builders to choose our energy-efficient, installation-ready garage doors,” said Eric Herbst, Vice President of Builder Sales at Wayne Dalton. “Wayne Dalton is proud to deliver unmatched solutions that save time and simplify operations for our builder partners.” Wayne Dalton is built on comprehensive product solutions, exceptional customer service, and uncompromising quality. Using a proprietary urethane blend and process, the company provides customers with stronger, safer, and more energy-efficient garage doors. With diverse designs and models, HomeSphere builders have options to fit nearly any home design. "Wayne Dalton is the top garage door choice for residential homebuilders,” said Greg Schwarzer, President and CEO of HomeSphere. “This partnership allows our builders to use trusted, reliable products while improving margins through our platform.” 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 Wayne Dalton® Wayne Dalton®, a division of Overhead Door Corporation, is a world-class designer and manufacturer of residential and commercial garage doors. Wayne Dalton was built on a dedication to ingenuity and customer service. As the business grew, so did their commitment to expanding its product lines, featuring some of the most innovative and technologically advanced residential and commercial products. Today, Wayne Dalton simplifies the purchase process for customers by providing a full range of doors and styles through conveniently located dealers. For more information, visit www.wayne-dalton.com. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Wayne Dalton Alex Conis alexandra_conis@overheaddoor.com Company Website https://www.homesphere.com/

May 22, 2025 08:00 AM Eastern Daylight Time

IotaComm® and TELLUS Networked Sensor Solutions, Inc. Partner to Deliver Comprehensive Indoor and Outdoor Air Quality Monitoring Solutions

IotaComm

IotaComm, Inc. ("IotaComm") a wireless communications and Internet of Things (IoT) solution provider, and Tellus Networked Sensor Solutions, Inc. ("TELLUS") are proud to announce a new strategic partnership aimed at advancing environmental intelligence through integrated indoor and outdoor air quality monitoring solutions. Under this collaboration, TELLUS will leverage IotaComm’s robust LoRaWAN® network to enable wireless connectivity for its suite of indoor and outdoor air quality sensors. In parallel, IotaComm will integrate TELLUS’ cutting-edge sensor hardware and analytics platforms— including the AirView Analytics system—into its flagship Delphi360™ environmental monitoring and analytics platform. Together, the solution delivers hyperlocal environmental intelligence, powered by TELLUS’s real-time calibration engine, rich visualizations, and intuitive prediction models—enabling decision-makers to act on meaningful air quality insights, not just data. Together, IotaComm and TELLUS will offer a comprehensive environmental data solution designed to support commercial and institutional customers in sectors such as K-12 education, manufacturing, and smart cities. By combining real-time indoor and outdoor air quality data, the partnership empowers organizations to make informed decisions that promote health, safety, and sustainability. “This collaboration represents a major step forward in delivering holistic air quality insights that our customers increasingly demand,” said Terrence DeFranco, Chairman and CEO of IotaComm. “By integrating TELLUS’ innovative hardware and analytics into Delphi360, we’re elevating our environmental intelligence capabilities and reinforcing our commitment to cleaner, healthier communities.” “We are thrilled to partner with IotaComm to expand the reach and impact of our sensor technologies,” said Carl Luft, President and CEO of TELLUS. “Together, we can offer a unified platform that brings powerful data and actionable insights to the forefront of environmental management. This partnership aligns with our mission to make environmental data more accessible and actionable for communities, schools, and organizations striving for healthier spaces.” The partnership will also include joint development efforts, co-marketing opportunities, and ongoing technical collaboration to enhance product performance and customer experience. While a Memorandum of Understanding (MOU) sets the framework for cooperation, both companies intend to formalize the partnership with a definitive agreement in the near future. 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 Delphi360TM 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. About TELLUS TELLUS delivers real-time environmental intelligence through advanced air quality sensors and its AirView platform. By combining modular, self-calibrating hardware with patented calibration algorithms, intuitive software, and flexible data integration, TELLUS empowers schools, businesses, governments, and communities to monitor air quality, detect environmental hazards, and make informed, data-driven decisions that promote health and sustainability. The platform also leverages proprietary modeling and machine learning algorithms to predict air quality trends and visualize pollution hotspots as they occur. With sensor options for PM2.5, VOCs, CO₂, temperature, and more, TELLUS provides the tools needed to track workplace safety, ensure regulatory compliance, and understand community exposure in real time. Supporting both indoor and outdoor deployments, TELLUS integrates seamlessly with third-party infrastructure and is trusted by media outlets, regulators, and public health organizations. Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our beliefs regarding the role that IoT will play in the future, our ability to implement our strategic goals, our ability to raise capital and reduce costs, and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, and financial condition. Factors that could cause actual results to differ materially from those currently anticipated include, but are not limited to: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. Contact Details IotaComm, Inc Kim Velez, Chief of Staff to the CEO +1 484-861-2994 kvelez@iotacomm.com TELLUS Carl Luft, CEO +1 801-833-3617 carl@tellusensors.com Company Website https://iotacomm.com/

May 20, 2025 12:25 PM Eastern Daylight Time

Real Estate