Featured Stories
Trammell Crow Company Appoints Didac Escriva as Director, Industrial & Logistics Investment in Iberia
DALLAS, Texas, July 31 -- Trammell Crow Co., a developer and investor in commercial real estate, posted the following news release:
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Trammell Crow Company appoints Didac Escriva as Director, Industrial & Logistics Investment in Iberia
Trammell Crow Company (TCC), a leading commercial real estate developer, has appointed Didac Escriva as Director, Industrial & Logistics Investment in Iberia.
Based in Madrid, Didac will be responsible for originating and executing industrial and logistics investment opportunities across Spain and Portugal, supporting the continued expansion of TCC's logistics
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DALLAS, Texas, July 31 -- Trammell Crow Co., a developer and investor in commercial real estate, posted the following news release:
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Trammell Crow Company appoints Didac Escriva as Director, Industrial & Logistics Investment in Iberia
Trammell Crow Company (TCC), a leading commercial real estate developer, has appointed Didac Escriva as Director, Industrial & Logistics Investment in Iberia.
Based in Madrid, Didac will be responsible for originating and executing industrial and logistics investment opportunities across Spain and Portugal, supporting the continued expansion of TCC's logisticsportfolio in the region following the appointment of Gregg Gilbert to lead the platform.
Didac's appointment follows a series of recent hires across TCC's Iberian platform, reflecting the firm's growing development and investment activity in the region. Miguel Blanco and Cristina Barrio have joined the development management team, while Alonso Dupuy de Lome has been appointed to the investment team, bolstering TCC's capabilities across sourcing, execution and delivery as it continues to scale its Iberian presence.
Didac brings deep experience across industrial development, site origination and capital markets, with a strong track record of working on both speculative and build to suit logistics projects. He joins TCC from Goodman, where he spent six years as Business Development Manager, leading the identification, structuring and delivery of logistics developments across Spain, with a particular focus on Catalunya and the Barcelona region -- one of the country's most supply constrained and strategically important logistics markets.
During his time at Goodman, Didac was instrumental in the delivery of several landmark logistics schemes in Catalunya, including some of Spain's first multi level logistics developments, working closely with occupiers and institutional capital partners to bring forward complex, urban focused projects. Prior to this, he held roles at Cintra and infrastructure group Sacyr.
A civil engineer by background, Didac has extensive experience managing projects through the full development lifecycle, from land sourcing and feasibility through to commercial structuring and delivery, working closely with institutional investors, occupiers and multidisciplinary project teams.
TCC is an active logistics developer in Spain, with four projects currently underway comprising approximately 55 hectares of land, which will deliver around 360,000 sq m of logistics space.
Gregg Gilbert, Head of Iberia at Trammell Crow Company, said: "Didac's appointment adds further depth to our Iberian platform at a time when demand for high quality logistics space in the region remains strong. His development experience, sector knowledge and local market insight will be invaluable as we continue to grow our logistics pipeline and work with partners to deliver well located, sustainable assets."
Didac Escriva, Director of Industrial & Logistics Investment at Trammell Crow Company, commented: "TCC has built a strong reputation as a long term development partner within the logistics sector, both in Spain and across Europe and the United States. I'm excited to join the team and to support the growth of the Iberian platform, working alongside the team to originate and deliver well located, high quality logistics developments across Spain and Portugal."
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Original text here: https://www.trammellcrow.com/newsroom/trammell-crow-company-appoints-didac-escriva-director-industrial-logistics-investment-iberia
[Category: BizReal Estate]
Tradeweb Reports 2nd Quarter 2026 Financial Results
NEW YORK, July 31 -- Tradeweb Markets, a builder and operator of global fixed income and derivatives marketplaces, issued the following news release on July 30, 2026:
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Tradeweb Reports Second Quarter 2026 Financial Results
Tradeweb Markets Inc. (Nasdaq: TW), a global leader in electronic trading across asset classes, today reported financial results for the quarter ended June 30, 2026.
$558.9 million quarterly revenues, an increase of 9.0% (8.3% on a constant currency basis) compared to prior year period
$245.1 million quarterly international revenues, an increase of 13.9% (12.3% on a
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NEW YORK, July 31 -- Tradeweb Markets, a builder and operator of global fixed income and derivatives marketplaces, issued the following news release on July 30, 2026:
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Tradeweb Reports Second Quarter 2026 Financial Results
Tradeweb Markets Inc. (Nasdaq: TW), a global leader in electronic trading across asset classes, today reported financial results for the quarter ended June 30, 2026.
$558.9 million quarterly revenues, an increase of 9.0% (8.3% on a constant currency basis) compared to prior year period
$245.1 million quarterly international revenues, an increase of 13.9% (12.3% on aconstant current basis) compared to prior year period
$3.0 trillion average daily volume ("ADV") for the quarter, an increase of 18.2% compared to prior year period; quarterly ADV records in rates futures, fully electronic U.S. high yield credit, convertibles/swaps/options and repurchase agreements
$206.7 million net income and $228.1 million adjusted net income for the quarter, increases of 17.8% and 10.7%, respectively, from prior year period
54.4% adjusted EBITDA margin and $304.1 million adjusted EBITDA for the quarter, compared to 54.2% and $277.9 million, respectively, for prior year period
$0.85 diluted earnings per share ("Diluted EPS") and $0.97 adjusted diluted earnings per share for the quarter
$0.14 per share quarterly cash dividend declared, a 16.7% per share increase from prior year period
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Original text here: https://www.tradeweb.com/newsroom/media-center/news-releases/tradeweb-reports-second-quarter-2026-financial-results/
[Category: BizFinancial Services]
Tonkon Torp: Kristin Bremer Moore Becomes Founding Board Member of Carnivore Crossroads
PORTLAND, Oregon, July 31 -- Tonkon Torp, a law firm, issued the following news:
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Kristin Bremer Moore Becomes Founding Board Member of Carnivore Crossroads
Tonkon Torp partner Kristin Bremer Moore has become a founding member of the Board of Directors for Carnivore Crossroads, a nonprofit organization dedicated to conserving native large carnivores while helping people and wildlife thrive across shared landscapes.
"The long-term conservation of large carnivores depends on bringing together people with different perspectives to find practical, lasting solutions," said Bremer Moore. "Carnivore
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PORTLAND, Oregon, July 31 -- Tonkon Torp, a law firm, issued the following news:
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Kristin Bremer Moore Becomes Founding Board Member of Carnivore Crossroads
Tonkon Torp partner Kristin Bremer Moore has become a founding member of the Board of Directors for Carnivore Crossroads, a nonprofit organization dedicated to conserving native large carnivores while helping people and wildlife thrive across shared landscapes.
"The long-term conservation of large carnivores depends on bringing together people with different perspectives to find practical, lasting solutions," said Bremer Moore. "CarnivoreCrossroads' commitment to science, collaboration, and responsible stewardship is what inspired me to become a founding board member, and I look forward to helping advance its mission."
Through science, practical conflict mitigation, policy engagement, and collaborative partnerships, Carnivore Crossroads works to reduce conflict between people and wildlife while building lasting conservation solutions throughout the American West and beyond.
Kristin Bremer Moore is Chair of Tonkon Torp's Labor & Employment Practice Group.
She exclusively represents employers in claims involving discrimination, retaliation, wrongful discharge, and other employment matters. She also advises employers of all sizes, including nonprofit organizations, on wage and hour compliance, collective actions under the FLSA, workplace harassment, FMLA/OFLA, ADA compliance, and whistleblower matters.
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About Tonkon Torp
Tonkon Torp LLP is a leading business and litigation law firm serving public companies, substantial private enterprises, entrepreneurial businesses, and individuals throughout the Pacific Northwest. Founded in 1974, the firm provides practical legal counsel across a broad range of business, transactional, regulatory, and litigation matters. Learn more at tonkon.com.
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Original text here: https://tonkon.com/news/kristin-bremer-moore-becomes-founding-board-member-of-carnivore-crossroads/
[Category: BizLaw/Legal]
Ropes & Gray Advised Hamilton Lane as Lead Investor in Cynosure's Single-Asset Continuation Vehicle
BOSTON, Massachusetts, July 31 -- Ropes and Gray, a law firm, issued the following news:
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Ropes & Gray Advised Hamilton Lane as Lead Investor in Cynosure's Single-Asset Continuation Vehicle
Ropes & Gray represented Hamilton Lane as the sole lead investor in Cynosure Partners' single-asset continuation vehicle for Savant Capital Holdings. The continuation vehicle secured approximately $270 million in total commitments and closed on July 30.
The Cynosure Group is a diversified investment firm that supports institutions, family offices, foundations, endowments, and like-minded investors who
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BOSTON, Massachusetts, July 31 -- Ropes and Gray, a law firm, issued the following news:
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Ropes & Gray Advised Hamilton Lane as Lead Investor in Cynosure's Single-Asset Continuation Vehicle
Ropes & Gray represented Hamilton Lane as the sole lead investor in Cynosure Partners' single-asset continuation vehicle for Savant Capital Holdings. The continuation vehicle secured approximately $270 million in total commitments and closed on July 30.
The Cynosure Group is a diversified investment firm that supports institutions, family offices, foundations, endowments, and like-minded investors whoare seeking to build their wealth and maximize their impact in the world.
Hamilton Lane (Nasdaq: HLNE) is one of the largest private markets investment firms globally, providing innovative solutions to institutional and private wealth investors around the world. The firm currently employs approximately 785 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East and has $1 trillion in assets under management and supervision as of March 31.
With over $57 billion in assets under management, Savant is one of the largest independent, fee-only registered investment advisors in the United States.
The team was led by alternative asset opportunities partner Isabel Dische and counsel Rob Schmidt and included tax partner Dan Zuckerman.
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URL: Hamilton Lane
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Original text here: https://www.ropesgray.com/en/news-and-events/news/2026/07/ropes-gray-advised-hamilton-lane-as-lead-investor-in-cynosures-single-asset-continuation-vehicle
[Category: BizLaw/Legal]
Marcus & Millichap Arranges Sale of Lincoln Family Housing in Ruston, Louisiana
ENCINO, California, July 31 -- Marcus and Millichap issued the following news release on July 29, 2026:
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Marcus & Millichap Arranges Sale of Lincoln Family Housing in Ruston, Louisiana
RUSTON, La. -- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Lincoln Family Housing, a 40-unit apartment property in Ruston, Louisiana.
"Ruston continues to be a compelling growth market in North Louisiana," said Evan De Blanc, associate. "We're bullish on the area's
... Show Full Article
ENCINO, California, July 31 -- Marcus and Millichap issued the following news release on July 29, 2026:
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Marcus & Millichap Arranges Sale of Lincoln Family Housing in Ruston, Louisiana
RUSTON, La. -- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Lincoln Family Housing, a 40-unit apartment property in Ruston, Louisiana.
"Ruston continues to be a compelling growth market in North Louisiana," said Evan De Blanc, associate. "We're bullish on the area'slong-term outlook because of Louisiana Tech University's continued expansion and enrollment growth, along with significant capital investments that are creating new jobs and attracting talent to the market."
De Blanc, Nick Fluellen, Bard Hoover and John T. McGregor, investment specialists in Marcus & Millichap's Dallas office, in association with Steve Greer, Marcus & Millichap's Louisiana broker of record, represented the property on behalf of the seller, a Denver-based investor, and procured the buyer, a Ruston-based operator.
The property is located at 195 Greene Ln. Built in 2007, the community totals 39,400 square feet on 10.03 acres.
The off-market transaction generated a buyer within two weeks, allowing the purchaser to complete a 1031 exchange. The property is positioned near Louisiana Tech University, a key economic driver for the region, where continued enrollment growth and new corporate investment continue to support housing demand.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
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Original text here: https://www.marcusmillichap.com/news-events/press/2026/07/7-29-26-lincoln-family-housing
[Category: BizRealEstate]
Calif. ISO: Western Energy Markets Quarterly Benefits Report Debuts With First Extended Day-Ahead Market Results
FOLSOM, California, July 31 (TNSrpt) -- The California Independent System Operator issued the following news release on July 30, 2026:
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Western Energy Markets Quarterly Benefits Report debuts with first Extended Day-Ahead Market results
Western Energy Imbalance Market surpasses $9 billion in total benefits
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The California Independent System Operator (CAISO) today released its inaugural Western Energy Markets Quarterly Benefits Report, an expanded publication that combines the longstanding Western Energy Imbalance Market (WEIM) quarterly benefits analysis with the first results from the
... Show Full Article
FOLSOM, California, July 31 (TNSrpt) -- The California Independent System Operator issued the following news release on July 30, 2026:
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Western Energy Markets Quarterly Benefits Report debuts with first Extended Day-Ahead Market results
Western Energy Imbalance Market surpasses $9 billion in total benefits
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The California Independent System Operator (CAISO) today released its inaugural Western Energy Markets Quarterly Benefits Report, an expanded publication that combines the longstanding Western Energy Imbalance Market (WEIM) quarterly benefits analysis with the first results from theISO's Extended Day-Ahead Market (EDAM). Reflecting the continued evolution of Western markets, the new report captures the value achieved through coordinated real-time and day-ahead market operations, providing a more comprehensive view of the economic, environmental and reliability benefits delivered to market participants across the region.
Since its launch in 2014, the Western Energy Imbalance Market total financial savings have, as of the second quarter of 2026, reached $9.08 billion for market participants and their customers. The Extended Day-Ahead Market delivered $11.38 million in benefits during its first two months of operation, shared among its first participants: PacifiCorp East, PacifiCorp West and CAISO. Like the WEIM early growth trajectory where financial savings grew substantially as new participants were added to the market and market footprint expanded, CAISO expects EDAM will follow a similar pattern.
"The Western electricity sector has entered a new era of regional collaboration," said Elliot Mainzer, president and CEO of the CAISO. "As participation in our energy markets continues to grow, this expanded quarterly report provides stakeholders with a clearer picture of the economic and reliability value these markets create for electricity consumers across the West."
EDAM quarterly participant benefits
The report shows the following benefits for the Extended Day-Ahead Market, by participant, for the two months of operation in the second quarter:
Q2 2026 Gross EDAM Benefits by Participant (entry year)
AREA ... MILLIONS
California ISO (2026) ... $5.96
PacifiCorp East (2026) ... $3.22
PacifiCorp West (2026) ... $2.2
Total ... $11.38
WEIM quarterly participant benefits
The report indicates that Western Energy Imbalance Market participants reduced their costs by $459.71 this quarter, bringing the total savings accrued since the market's 2014 inception over $9 billion.
The report shows the following financial savings by participant:
Q2 2026 Gross Benefits by Participant (entry year)
PARTICIPANTS ... MILLIONS
Arizona Public Service (2016) ... $13.87
AVANGRID (2023) ... $23.31
Avista (2022) ... $4.57
Balancing Authority of Northern California (2019) ... $40.67
Black Hills (2026) ... $2.50
Bonneville Power Administration (2022) ... $4.47
California ISO (2014) ... $26.75
El Paso Electric (2023) ... $1.80
Idaho Power Company (2018) ... $8.38
Los Angeles Dept. of Water & Power (2021) ... $64.91
NV Energy (2015) ... $72.23
NorthWestern Energy (2021) ... $27.89
PacifiCorp (2014) ... $43.49
Portland General Electric (2017) ... $11.79
Public Service Company New Mexico (2021) ... $40.89
PowerWatch (2026) ... $2.10
Puget Sound Energy (2016) ... $12.23
Powerex (2018) ... $0.98
Seattle City Light (2020) ... $15.08
Salt River Project (2020) ... $17.77
Tacoma Power (2022) ... $2.82
Tucson Electric Power (2022) ... $6.76
Turlock Irrigation District (2021) ... $0.81
WAPA Desert Southwest Region (2023) ... $13.64
Total ... $459.71
In addition to economic benefits, the report highlights market performance metrics including energy transfers, renewable energy integration, emissions reductions and other indicators that demonstrate the value of regional market coordination.
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About the California ISO
The California Independent System Operator (CAISO) is a nonprofit public-benefit corporation responsible for the reliable operation of California's bulk electric grid. The ISO provides transmission planning, open and nondiscriminatory access to one of the world's largest high-voltage transmission networks and operates competitive wholesale electricity markets for the benefit of consumers.
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About the Western Energy Markets
The Western Energy Markets include the Western Energy Imbalance Market (WEIM) and the Extended Day-Ahead Market (EDAM), which provide regional market coordination across the West. The WEIM, launched in 2014, helps participants balance electricity supply and demand in real time and has delivered more than $9 billion in benefits to market participants and their customers. EDAM began operation in 2026 and extends those benefits into the day-ahead timeframe through broader regional coordination. The Western Energy Markets Governing Body has primary decision-making authority over market rules specific to the WEIM and EDAM.
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REPORT: https://www.westernenergymarkets.com/documents/western-energy-markets-quarterly-benefits-report-q2-2026.pdf
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Original text here: https://www.caiso.com/about/news/news-releases/western-energy-markets-quarterly-benefits-report-debuts-with-first-extended-day-ahead-market-results
[Category: BizEnergy]
BAE Systems: Major Contract Funds New Nuclear Deterrent Submarines
ARLINGTON, Virginia, July 31 -- BAE Systems issued the following news release:
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Major contract funds new nuclear deterrent submarines
The Government has awarded a new pound sterling5.9bn contract to BAE Systems funding critical work to progress the nation's Dreadnought Class nuclear deterrent submarines towards entry into service.
Work on first of class, Dreadnought, continues apace at BAE Systems' shipyard in Barrow-in-Furness, ready for delivery to the Royal Navy in the early 2030s.
The contract also covers continued progress on the build of boat two, Valiant, and fabrication and outfitting
... Show Full Article
ARLINGTON, Virginia, July 31 -- BAE Systems issued the following news release:
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Major contract funds new nuclear deterrent submarines
The Government has awarded a new pound sterling5.9bn contract to BAE Systems funding critical work to progress the nation's Dreadnought Class nuclear deterrent submarines towards entry into service.
Work on first of class, Dreadnought, continues apace at BAE Systems' shipyard in Barrow-in-Furness, ready for delivery to the Royal Navy in the early 2030s.
The contract also covers continued progress on the build of boat two, Valiant, and fabrication and outfittingof the remaining two boats, Warspite and King George VI, which are in the early stages of construction.
The four-boat Dreadnought Class programme will replace the existing Barrow-built Vanguard fleet, ensuring continuation of the UK's critical Continuous at Sea Deterrent capability. They will be the biggest, most powerful and technically advanced submarines ever built for the Royal Navy.
The BAE Systems contract forms part of a wider pound sterling8.4bn package approved by parliament for the Ministry of Defence (MOD). The build programme is being delivered in collaboration with the MOD's Defence Nuclear Enterprise, the partnership of organisations that operate, maintain, renew and sustain the UK's nuclear deterrent.
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"The Dreadnought programme is of vital strategic importance to the UK, underpinning the security of our nation and our allies for decades to come.
Its delivery depends on the strength of our national industrial base, with thousands of skilled workers right across the country playing their part in the mission to deliver this critical capability to the Royal Navy."
- Charles Woodburn, BAE Systems Chief Executive
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The Dreadnought programme is a truly national endeavour. In the last financial year, BAE Systems' Dreadnought supply chain spend was pound sterling1.3bn, taking the total spent so far to pound sterling8.9bn across more than 1,500 UK suppliers.
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"Our nuclear-armed submarines are essential to keeping the UK secure, acting as the ultimate deterrent to our adversaries in an increasingly dangerous world.
This milestone investment breathes new life into Barrow's historic traditions and secures our commitment to deliver Dreadnought Class submarines by backing British industry.
Supporting thousands of skilled, local jobs, we are fusing Barrow's proud heritage with modern technology to build our security for the future, supporting the next generation to keep our country safe as their parents and grandparents did."
- Wes Streeting MP, Secretary of State for Defence
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The Dreadnought programme supports approximately 30,000 jobs across the country, with more than 7,000 people currently working on it at BAE Systems alone.
In September 2025, His Majesty King Charles III visited Barrow-in-Furness to bestow Royal Port status on the town, recognising the contribution it makes to UK defence. That contribution continues to grow; pound sterling1bn has been invested in the BAE Systems Submarines site and its workforce has expanded from 11,000 to approximately 16,000 over the past four years.
Ensuring that growth is felt across the town and the surrounding area, BAE Systems continues to invest heavily in community and training facilities and is working alongside central and local Government as part of the Team Barrow partnership to deliver improvements via the pound sterling200m Barrow Transformation Fund.
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Original text here: https://www.baesystems.com/en/article/major-contract-funds-new-nuclear-deterrent-submarines
[Category: BizNational Defense]
