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10.07.25 - 17:12
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Senior Leadership Change at Balfour Beatty Communities (Business Wire)
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Charles (Chuck) Parker Named Interim President of Military Housing BusinessMALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities announces today that Charles E. (Chuck) Parker, Executive Vice President, has been named Interim President, overseeing the Military Housing business and ensuring operational continuity in support of the company's ongoing initiatives. He will report to Gavin Russell, Chief Executive Officer of Balfour Beatty Infrastructure Investments.
Chris Williams, President of Balfour Beatty Communities, will step down from his position effective August 8, 2025. The search for a permanent successor is underway.
Chuck is a proven leader with more than 35 years of experience overseeing residential housing and social infrastructure initiatives. In his current role, he is responsible for all community and facilities management for the company's military housing program. A graduate of the United States Military Academy at West Point, he served as an officer in the U.S. Army before embarking ...
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24.06.25 - 15:06
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Balfour Beatty Communities Foundation Awards Over $120,000 in Higher Education Scholarships, Marking 18 Years of Community Support (Business Wire)
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MALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities Foundation, proudly announces the latest recipients of its annual scholarship program, awarding more than $120,000 to support the academic goals of outstanding residents. This year's recipients - selected from communities across Balfour Beatty's military, residential, and student housing portfolios, demonstrate academic excellence, community engagement, and a determination to achieve meaningful career paths.
Selected based on academic performance, leadership, community service, and personal aspirations, this year's scholarship recipients are pursuing a diverse range of degrees and certifications in fields such as healthcare administration, nursing, criminology and social work.
“This program is one of the most meaningful ways we give back to our residents,” said Linda Bradley, a Board Member of the Balfour Beatty Communities Foundation. “In line with our We Care culture, we're not just supporting education—we're investing in stronger co...
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04.06.25 - 15:03
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Big Swings, Bigger Impact: Balfour Beatty Communities Foundation Raises Funds to Support Ambitions of Resident Scholars (Business Wire)
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MALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities Foundation recently held the 2025 Swing 4 Scholarships golf tournament, raising more than $600,000 in support of its primary mission to award scholarships for Balfour Beatty Communities residents actively pursuing postsecondary education.
“Our Foundation is deeply committed to giving back to the communities we call home,” said Balfour Beatty Communities Foundation President Chris Williams. “With the generosity of our sponsors, we're proud to be able to support the dreams and ambitions of our deserving residents.”
Balfour Beatty Communities Foundation has awarded close to $2 million in scholarships and other outreach since the program's inception in 2008.
Balfour Beatty Communities Foundation extends its deepest appreciation to the generous sponsors who made this year's Swing 4 Scholarships possible:
ApexOne Investment Partners
Berkadia
BluSky Restoration
BrightView
Brown Rudnick
Bureau Veritas North America
Dal-Tile
Davey Tree
Galloway
G...
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27.05.25 - 21:09
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Monterey Financial Services Appoints New Chief Executive Officer, Kevin Weiss (Business Wire)
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Entrepreneurial leader to accelerate growth for leading specialty finance companyOCEANSIDE, Calif.--(BUSINESS WIRE)--Monterey Financial Services, a national leader in specialty financing and loan servicing, announces the appointment of Kevin Weiss as CEO. Kevin steps into the role with a strong track record of building high-growth companies and a clear vision to advance Monterey Financial Services' innovation and customer-centricity.
Before Monterey, Kevin helped to launch and grow several successful businesses. In financial services, he was a founding team member of M13, a venture capital firm that now manages over $1.3 billion in assets, and subsequently, a Texas-based multi-family office where he invested in both debt and equity across a number of industries.
Most recently, Kevin served as Chief of Staff to CEO Brian Balfour and headed the B2B business segment at Reforge, an online training and software services business backed by Andreessen Horowitz and Insight Partners. Under his leadership, Reforge...
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22.05.25 - 13:06
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Emera to Commence Trading on the New York Stock Exchange (Business Wire)
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Today, Emera Inc. (TSX: EMA) announces it has received approval to list its common shares on the New York Stock Exchange (“NYSE”). Emera's common shares are expected to begin trading on the NYSE on or around May 28, 2025, under the ticker symbol “EMA”.
“This listing is a significant milestone for Emera's growth and confidence in our vision,” says Scott Balfour, Emera's President and CEO. “It connects us to the largest pool of global capital and a network of world-class investors, and it reinforces our commitment to providing long-term value for our shareholders.”
Emera confirms this ahead of its 2025 Annual General Meeting being held later today. The Company plans to mark the listing by ringing the NYSE Opening Bell later this year. Emera's common shares will continue to trade on the Toronto Stock Exchange (“TSX”) under the symbol “EMA”.
Shareholders can participate in Emera's 2025 Annual General Meeting via live webcast at 2:00 p.m. (Atl...
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21.05.25 - 15:06
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Balfour Beatty Communities Expands Multifamily Portfolio With Acquisition of River Pointe in Conroe, TX (Business Wire)
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MALVERN, Pa.--(BUSINESS WIRE)--Balfour Beatty Communities, a national residential real estate investment and management company, announces the successful acquisition of a premier multifamily community: River Pointe, located in Conroe, Texas. Through its affiliates, this is the company's second multifamily property acquisition in the eastern Texas region this year, after purchasing The Leonard located in Denton in February, and aligns with the division's targeted expansion strategy for 2025.
River Pointe is a 300-unit, gated, garden-style community offering high-quality living options in one of Texas' fastest-growing areas. The property features a range of apartment configurations, including 1-, 2-, and 3-bedroom units, all designed for maximum comfort and convenience. Spacious layouts include large patios, tall ceilings, walk-in closets, gourmet kitchens, and stainless-steel appliances.
Following the acquisition, a series of enhancements to both the apartment interiors and common areas are planned for ...
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08.05.25 - 12:03
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Emera Reports 2025 First Quarter Financial Results (Business Wire)
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Today, Emera (TSX: EMA) reported 2025 first quarter financial results.
Highlights
Emera delivers strong first quarter results.
Quarterly adjusted earnings per share (“EPS”)(1) grew 68% to $1.28 in Q1 2025 compared to $0.76 in Q1 2024 driven by robust performance from across its portfolio
Quarterly reported EPS increased to $1.96 in Q1 2025 from $0.73 in Q1 2024 primarily due to market-to-market (“MTM”) gains recognized in 2025 as compared to MTM losses recognized in 2024
On track to deploy $3.4 billion of capital in 2025, with more than $700 million invested in the first quarter.
“Emera's strong start to 2025 provides further evidence of the high quality of our portfolio, providing further support and meaningful early progress towards delivering upon our average adjusted EPS1 growth guidance of 5-7% through 2027,” said Scott Balfour, President and CEO of Emera Inc. “Our utilities are making significant investments to continue to improve reliability for...
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