Stream BulletinNews releases as they cross the wire

Real Estate & Construction · Week of Nov 2, 2026

Raised guidance and buybacks: the week in real estate releases

Stanley Black & Decker and Sunstone raised 2026 guidance and expanded buybacks, and FirstService Residential added two condominium contracts.

· Stream Bulletin newsroom

Two companies reported third-quarter 2026 results this week, and both raised their outlooks. Stanley Black & Decker lifted its 2026 EPS and free cash flow guidance, aided by net IEEPA tariff refunds, and approved a new $1 billion share repurchase authorization. Sunstone Hotel Investors raised its full year 2026 Adjusted FFO and RevPAR guidance after RevPAR for all hotels rose 11.4%, and reported $117.8 million of stock repurchases in the quarter.

On the property side, FirstService Residential announced two management contracts on Nov. 5, 2026: Mira Mar Sarasota in Florida and Scarlett Place Condominium in Baltimore. Otis said two of its elevators at Tianjin 117 received the Guinness World Records title for tallest elevator in a building. Greenberg Traurig added a stadium financing attorney in New York, and Draper Goren Blockchain Studio launched a free loan officer database built for AI assistants.

This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Stream Bulletin reporting.