Construction, Real Estate & Infrastructure

Wood Partners Breaks Ground on 372-Unit Charlotte Project

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Wood Partners Breaks Ground on 372-Unit Charlotte Project

CHARLOTTE – October 30, 2026 -- Wood Partners and Sarofim Realty Advisors will break ground in November on Village Park, a 372-unit multifamily community in Charlotte's Highland Creek and Prosperity Church area, with J.P. Morgan providing financing.

The project is slated to open in May 2028.

Village Park Sits Beside Wood Partners' Earlier Prosperity Village Development

The site is at the corner of Prosperity Church and Benfield Roads, next to Prosperity Village, a community Wood Partners previously developed. It has direct access to Interstate 485, which connects to Uptown Charlotte and Huntersville, and a Publix grocery store is next door.

"Building next to Prosperity Village allows us to keep investing in the neighborhood," said Carter Siegel, Regional Director of Development at Wood Partners.

AndX Launches $100M Tokenized Manila Land Offering

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AndX Launches $100M Tokenized Manila Land Offering

NEW YORK – – October 30, 2026 -- AndX Global has launched Manila One, a $100 million USD-denominated offering that tokenizes a 54-hectare, development-stage land project in Metro Manila and opens it to eligible retail and institutional investors in more than 190 countries.

The company says it is the first to tokenize a large-scale land development project and offer it globally from day one. The deal is originated in the Philippines and structured through a U.S.-based investment framework.

Offering pays 8% annual preferred return over a three-year term

The preferred return is 8% per year, simple and non-compounding, or 24% over the term. Investors also get an additional 100% return on investment tied to appreciation of the underlying land, subject to offering terms. The preferred return is not guaranteed.

Modular Buildings Draw Southeast Asian Buyers to Linyi Fair

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Modular Buildings Draw Southeast Asian Buyers to Linyi Fair

LINYI, China – October 30, 2026 -- Modular buildings, prefabricated houses and capsule-style cabins drew buyers from Vietnam, Malaysia and Thailand at the Fourth Linyi Mall International Buyers Conference, held October 28-30 in Shandong Province.

Exhibited products included space capsule cabins, modular accommodation units and prefabricated building solutions for hospitality, tourism, residential and commercial use. Chinese manufacturers are targeting Southeast Asia, where tourism development, hospitality investment and demand for flexible accommodation are creating openings for prefabricated construction.

Master Group Names Keith Strachan Chief Commercial Officer

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Master Group Names Keith Strachan Chief Commercial Officer

ST-BRUNO-DE-MONTARVILLE – October 30, 2026 -- The Master Group, Canada's largest HVAC-R distributor, has appointed Keith Strachan as Chief Commercial Officer, effective immediately, extending his remit from Canada to commercial strategy across Canada and the United States.

Strachan takes accountability for customer growth in two countries

Strachan, previously Canadian Operations President, will be accountable for customer growth and commercial effectiveness in both markets. He will also set the direction, governance, standards and capabilities for cross-border alignment while keeping the company responsive to local markets.

ECAM Urges Live-Monitored Jobsite Security Before Holiday Shutdowns

Dallas – October 29, 2026 -- A Phoenix construction firm running up to 18 active jobsites cut security costs by more than $3,000 per site each month after deploying ECAM's mobile surveillance units with 24/7 live monitoring, the video security provider said as it urged contractors to tighten protection before holiday shutdowns.

The firm also reported a significant decrease in theft incidents and coverage that scales with each construction phase, according to ECAM.

Equipment theft losses reach up to $1 billion a year in the US

Estimates from the National Equipment Register and the National Insurance Crime Bureau put annual US losses involving construction and agricultural equipment at $300 million to $1 billion. More than 75% of stolen machines are never recovered. Industry research cited by ECAM indicates as many as 85% of construction site thefts go unreported, so actual exposure may be higher.

US Vacancy Rate Falls to 1.2% as Zombie Foreclosures Ease to 3%

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US Vacancy Rate Falls to 1.2% as Zombie Foreclosures Ease to 3%

Irvine – October 29, 2026 -- The share of vacant U.S. residential properties fell to 1.2 percent in the fourth quarter, down from 1.3 percent in the third quarter and in the same quarter a year earlier, according to ATTOM's latest Vacant Property and Zombie Foreclosure Report.

ATTOM analyzed 105.1 million properties and found 269,195 in the foreclosure process. Of those, 8,040, or 3 percent, were "zombies" abandoned by owners before foreclosure concluded. The zombie rate was down from 3.3 percent in the prior quarter and in the fourth quarter of last year. ATTOM CEO Rob Barber said vacant and abandoned homes "continue to represent a relatively small share" of the nation's housing stock.

Wheelhouse Acquires All Star Garage Door in Second 2026 Deal

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Wheelhouse Acquires All Star Garage Door in Second 2026 Deal

BALDWIN PARK – October 29, 2026 -- Wheelhouse, the Trivest Partners-backed garage door services platform, has acquired All Star Garage Door, a family-owned residential and commercial operator in California and Utah. The deal is Wheelhouse's second acquisition of 2026.

All Star brings 30-plus employees and a 2024 Utah expansion

Founded in 2008, All Star Garage Door installs, services and repairs garage doors and employs more than 30 people. It serves Southern California, the Central Valley and the Central Coast.

The company entered Utah in 2024, adding the St. George and Park City communities to its footprint.

Wheelhouse CEO cites cultural fit with owner Ryan Salinas' team

Wheelhouse CEO Ron Avidan said All Star's "craftsmanship and customer care" align with the platform's values. Owner Ryan Salinas described the transaction as the start of a new chapter that creates opportunities for continued growth.

One Percent Holdings Adds Real Roofing as Second Partner Company

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One Percent Holdings Adds Real Roofing as Second Partner Company

PHOENIX – October 29, 2026 -- One Percent Holdings, an operating partner for established roofing companies, has taken on Real Roofing of Chandler as an equal partner, closing the deal on July 1, 2026. The firm announced it alongside its second partnership, with Eco Roofing Solutions of Gilbert, completed on September 30, 2026.

Founder Ryan LaRue keeps full-time control of Real Roofing operations

Ryan LaRue, who founded Real Roofing in 2022, continues to run the company and its crews full time. The Real Roofing name, brand, and team remain unchanged. Day-to-day operations, hiring, and market positioning stay with the owner.

PULLMAN Wins Roger Corbetta Award for Hamilton Custom House Repair

New York – October 29, 2026 -- PULLMAN has won the Roger Corbetta Award for Repair and Restoration from the Concrete Industry Board for its water remediation work on the Alexander Hamilton U.S. Custom House in New York City. The Concrete Industry Board, the New York Chapter of the American Concrete Institute, presented the award on October 28 at the Rainbow Room at 30 Rockefeller Plaza.

Water infiltration threatened structure and interiors of a National Historic Landmark

The Custom House, designed by architect Cass Gilbert, is both a New York City Landmark and a National Historic Landmark designated by the National Park Service. Water infiltration endangered its structural integrity and historic interiors.

PULLMAN worked with Consigli Construction and engineering partner Superstructures to trace the sources of water intrusion, then designed and executed the repairs. The building stayed fully operational throughout construction.

Kazakhstan to Invest $14.3 Billion in Infrastructure Through 2029

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Kazakhstan to Invest $14.3 Billion in Infrastructure Through 2029

Astana – October 29, 2026 -- Kazakhstan will invest about $14.3 billion (6.5 trillion tenge) from its National Fund in infrastructure through 2029, President Kassym-Jomart Tokayev announced Wednesday in his state-of-the-nation address. The program aims to speed up growth in Central Asia's largest economy and reduce its dependence on raw materials.

The IMF projects that GDP per capita could rise above $19,000 as a result, up from $14,770 in 2025. Gold and foreign-exchange reserves plus National Fund assets now exceed $130 billion.

Social projects receive $3.3 billion by February 2027

A first tranche of $3.3 billion is earmarked for social projects by February 2027. It covers 70 healthcare facilities and about 50 education, sport and cultural venues. Tokayev said next year will be declared the year of nationwide construction.