Strathclyde and Ediston Acquire Kilmarnock Site for 79‑home Development
Strathclyde and Ediston have purchased a Kilmarnock site to develop 79 new homes. The acquisition marks the first new‑build land purchase for Clydebuilt II Limited Partnership, a joint venture between the housebuilder and a pension fund. Deal terms were not disclosed.
Dalmia Bharat to Acquire JAL Cement Assets for $350M
Dalmia Bharat Limited will invest ₹2,850 crore (~$350 million) to acquire a 5.2 MTPA cement capacity portfolio from Jaiprakash Associates Limited under the Adani‑led insolvency resolution plan. The Business Transfer Agreement was signed on May 21 and the deal is expected to close within...
Sumitomo Forestry Acquires Tri Pointe Homes for $4bn
Japanese contractor Sumitomo Forestry completed the acquisition of US homebuilder Tri Pointe Homes for $4bn, making it the fifth largest housebuilder in the United States. The deal gives Sumitomo 100% ownership of Tri Pointe, with Mitsubishi UFJ Morgan Stanley serving...
Peachtree Group Provides $44.5M C‑PACE Loan to The Fellowship Family for Florida Senior Housing Project
The Fellowship Family secured a $44.5 million, 30‑year Commercial Property Assessed Clean Energy (C‑PACE) loan from Peachtree Group to fund the development of the 205‑unit Fellowship Wildlight senior housing community in Yulee, Florida. The financing will support independent living, assisted living...
Amplius Secures $82.6M Loan From Lloyds to Accelerate Residential Upgrade Plans
Amplius has secured a £65m ($82.6m) loan from Lloyds, backed by the National Wealth Fund, to fund upgrades to its 40,000‑home portfolio across the Midlands, eastern England and the South East. The financing will accelerate the company's residential renovation plans.
Saint-Gobain Signs Definitive Agreement to Sell Telhanorte to Tauá Partners
French building materials group Saint-Gobain announced it has signed a definitive agreement with Brazilian investment firm Tauá Partners to sell its Brazilian cement distributor Telhanorte. The terms of the transaction were not disclosed, marking Saint-Gobain's exit from the Brazilian market....
Walker & Dunlop Secures $130M HUD Loan for GM Development's Denver Mixed-Use Redevelopment
Walker & Dunlop arranged $130 million in HUD 221(d)(4) financing for GM Development to redevelop a former VA hospital campus in Denver into 493 multifamily units, retail and medical office space. The loan, the largest of its kind for Walker &...
Cypress Equity Investments Secures $170M Construction Loan for Two Santa Monica Projects
Cypress Equity Investments (CEI) has secured a $170 million construction loan to fund two mixed‑use apartment projects in Santa Monica. The financing will support the 150‑unit Wilshire Boulevard development and the 170‑unit 2501 Wilshire Boulevard building, both part of the...
Helical to Sell 100 New Bridge Street to State Street for $416M
Helical announced the sale of its 100 New Bridge Street scheme in London to US bank State Street for a total consideration of £333 million (≈$416 million). The transaction, triggered by Mace reaching practical completion, is set to close next week, with...
Affinius Capital and Axonic Capital Provide $43M Construction Loan to Allen Morris Company for Sarasota Multifamily Complex
Affinius Capital and Axonic Capital have closed a $43 million construction loan for Allen Morris Company’s second phase of the Bayside North luxury multifamily project in Sarasota, Florida. The financing supports the development of 81 luxury units and workforce housing...
Mott MacDonald to Acquire Australian Civils Contractor Leed Engineering & Construction
Mott MacDonald announced it will acquire Leed Engineering & Construction, a privately owned Australian civils contractor specializing in water infrastructure. The deal value was not disclosed. Leed will continue operating under its existing management and become part of Mott's JN...
Atlanta Development Authority Approves $2M for Five Peachtree Senior Senior Housing Project
Atlanta’s Development Authority board approved $2 million in Eastside Tax Allocation District funds to support the $32.5 million Five Peachtree Senior senior‑housing project in downtown Atlanta. The project, owned by Urban Momentum Inc., will deliver 65 rent‑capped units for residents 62 and older and...
Jensen Infrastructure Acquires 100‑Acre Lancaster Site for $46 Million
Jensen Infrastructure, a precast concrete and engineering firm, paid $46 million to acquire a 100‑acre parcel at 30th Street and Avenue G in Lancaster, California. The land will host a 400,000‑sq‑ft build‑to‑sit precast manufacturing facility slated for completion in March 2027.
Castellan Capital Provides $28M Construction Loan to Spectra Construction for Manhattan Condo Project
Castellan Capital has extended a $28 million two‑year construction loan, with a one‑year extension option, to developer Daniel Klaynberg’s Spectra Construction & Development for a 12‑story, 43‑unit condo tower at 129 East 28th Street in Manhattan’s Kips Bay. The financing, arranged by Arrow Real...
OCU Group Acquires Athena Professional Technical Services to Expand Grid and Renewables Capabilities
OCU Group announced the acquisition of Cumbria‑based Athena Professional Technical Services, a provider of power systems engineering and grid‑connection consultancy. The undisclosed‑value deal will broaden OCU’s footprint in grid infrastructure and renewable energy projects, enhancing its end‑to‑end service offering across...