Construction, Real Estate & Infrastructure

BKF Acquires Waterways Consulting to Expand Water Resilience Work

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BKF Acquires Waterways Consulting to Expand Water Resilience Work

Oakland – November 05, 2026 -- BKF has acquired Waterways Consulting, Inc., a water resource engineering firm specializing in ecological restoration and nature-based design, adding to the 900-person infrastructure firm's push to become a full-service provider in the Western United States.

Waterways adds stream restoration, fish passage and dam removal expertise

Waterways operates from regional hubs in Santa Cruz, California, and Portland, Oregon. Its credentialed team of environmental professionals and engineers is known for stream restoration, fish passage design, dam removal and watershed planning. Clients of the firm include private companies, government agencies, special districts and nonprofit organizations.

53% of Homebuyers Budget Below $400,000 as Median Hits $417,500

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53% of Homebuyers Budget Below $400,000 as Median Hits $417,500

Lake City, Colo. – November 05, 2026 -- More than 53% of prospective homebuyers say their realistic buying range is $400,000 or less, below the $417,500 median existing-home price, according to COGNITION Smart Data affordability research from Green Builder Media.

Survey shows one in five buyers cannot afford homes above $200,000

More than one-fifth of respondents say they cannot afford a home priced above $200,000. The survey points to a price gap in today's home buying market.

Energy report tracks buyer and builder attitudes from 2024 to 2026

The 2026 COGNITION Energy Insights Report covers demand for all-electric homes, renewables, battery storage and self-sufficiency. It also examines which energy features buyers may value at a premium.

DACON Names Josh Brandt COO as Founding Leaders Begin Retiring

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DACON Names Josh Brandt COO as Founding Leaders Begin Retiring

Natick, Mass. – November 05, 2026 -- DACON Corporation has named Josh Brandt Chief Operating Officer, the first of several leadership transitions the New England design-build firm will announce over the coming year as its founding leaders retire.

Brandt joins Quinn and Laskey in a three-person executive team

Brandt will work with President and CEO Kevin Quinn and Chief Financial Officer Renee Laskey to lead the firm's next growth phase. DACON describes the plan as a deliberate, multi-year succession designed to protect the culture, client relationships and standards it has built since 1985.

Quinn said clients should see no change in mission, only a more technical and innovative approach.

Kennedy Funding Closes $3.6M Loan for Naples Mixed-Use Resort

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Kennedy Funding Closes $3.6M Loan for Naples Mixed-Use Resort

ENGLEWOOD, N.J. – November 05, 2026 -- Kennedy Funding has closed a $3,633,000 loan for Port of the Islands Resort, a mixed-use condominium and hospitality property at 25000 Tamiami Trail East in Naples, Florida.

The financing gives borrower A&T Investment LLC capital to pay off about $1.6 million in three existing loans, fund renovations and remodeling, and provide working capital. Benjamin Birch, president of New York City-based commercial financing firm Stratas, brokered the transaction. He said Kennedy gave the borrowers "several concessions to make sure the deal closed."

Kennedy Funding takes on a mixed-use asset that strains conventional lending criteria

Kennedy Funding loan officer Chase Wolfer said mixed-use properties often fall outside traditional lending requirements. He said the borrower needed one financing to address existing debt while also funding improvements and operations.

RK Group Launches Workforce Support Solutions for Remote Sites

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RK Group Launches Workforce Support Solutions for Remote Sites

San Antonio – November 05, 2026 -- The RK Group (RKG), a hospitality company with 15+ integrated brands, has launched Workforce Support Solutions, a unit that bundles housing, dining, temporary infrastructure and security for construction, government and technology projects under a single point of contact.

Three pillars anchor the turnkey workforce offering

The unit is built on camp housing and management, 24/7 chef-led dining programs, and rapid-deploy temporary infrastructure. Housing covers climate-controlled billeting, executive lodging and housekeeping. Food service is prepared from scratch and scheduled around multiple shifts. Infrastructure options include industrial warehousing, OFCI storage structures, field offices and strategic logistics.

Starlight Tops Out 492-Home Mercantile BTR Scheme in Basildon

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Starlight Tops Out 492-Home Mercantile BTR Scheme in Basildon

BASILDON – – November 04, 2026 -- Starlight Investments has topped out The Mercantile, a 492-home build-to-rent (BTR) development in Basildon Town Centre, after reaching the scheme's highest structural point.

Three mid-rise buildings will hold one- and two-bedroom apartments

The Mercantile comprises three mid-rise residential buildings and about 16,000 square feet of commercial and retail space. The site sits near Basildon railway station, which gives residents access to Central London and the wider South East.

Amenities include a gym, yoga studio, cinema, co-working spaces, residents' lounge, private dining room, games room, golf simulator, rooftop garden and landscaped podium. The scheme also provides bike storage, resident parking and pet-friendly features.

Shackleton AI Raises $5M Seed Led by Battery Ventures

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Shackleton AI Raises $5M Seed Led by Battery Ventures

NEW YORK – November 04, 2026 -- Shackleton AI raised $5 million in seed funding led by Battery Ventures as it emerged from stealth with an agentic operating system for construction that already manages more than $1 billion in project value across more than 15 U.S. states.

The platform launched in June 2026. Its customers include midsize general contractors in multifamily, industrial and commercial construction, as well as multi-location brands Red Lobster, Dog Haus and Pepper Lunch. Brick & Mortar Ventures, Trust Ventures, Correlation Ventures, Motivate Partners, Thayer Investment Partners, Act One Ventures, Brainstorm Ventures and Silence VC also joined the round. Shackleton will use the capital to expand the workflows its AI agents can manage and to accelerate go-to-market efforts.

United Diesel Wins Two Construction Innovation Awards in UAE

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United Diesel Wins Two Construction Innovation Awards in UAE

DUBAI – November 04, 2026 -- United Diesel, a member of Al Rostamani Group, won two honors at the Construction Innovation Awards 2026, organised by Construction Business News Middle East: Renault Trucks was named Construction Truck of the Year, and LOVOL, introduced to the UAE earlier this year, took Emerging Construction Equipment Brand of the Year.

Construction accounted for 13.1% of UAE non-oil GDP in the first half of 2026

The two brands serve different stages of the UAE construction supply chain, from quarrying and earthmoving to concrete production and transportation. United Diesel is the exclusive distributor of Renault Trucks in Dubai and the Northern Emirates and of the Chinese brand LOVOL across the UAE.

Century Communities Declares $0.32 Quarterly Dividend Payable Dec. 9

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Century Communities Declares $0.32 Quarterly Dividend Payable Dec. 9

Greenwood Village – November 05, 2026 -- Century Communities, Inc. (NYSE: CCS) has declared a quarterly cash dividend of $0.32 per share, payable on December 9, 2026, the homebuilder's Board of Directors announced.

Stockholders of record on November 25, 2026 qualify for the payout

Holders must be on the register at the close of business on November 25, 2026. The payment follows on December 9, 2026. If the quarterly rate is maintained, the payout equals $1.28 per share on an annualized basis.

Dividend comes from a homebuilder active in 16 states and over 45 markets

Century Communities builds homes under its Century Communities and Century Complete brands. It also offers mortgage, title, insurance brokerage and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency and IHL Escrow subsidiaries.

Lumo Homes Q3 Revenue Rises 12% as Valuation Cuts Trigger Loss

HELSINKI – November 05, 2026 -- Lumo Homes plc swung to a third-quarter pre-tax loss of EUR 87.7 million, against a profit of EUR 32.8 million a year earlier. Higher yield requirements drove a EUR 139.6 million negative fair-value result on investment properties, even as revenue rose 12.0 percent to EUR 127.3 million.

Lumo's third-quarter net rental income rises 11.5 percent to EUR 95.9 million

Net rental income represented 75.3 percent of revenue, compared with 75.7 percent a year earlier. Funds From Operations (FFO) increased 4.7 percent to EUR 46.1 million from EUR 44.1 million. Earnings per share were EUR -0.27, against EUR 0.11 a year earlier. Gross investments fell to EUR 10.6 million from EUR 13.6 million.