2017 revenue: $500 million E

Southern Real Estate & Financial Co.’s revenue last year was consistent with 2016. The family-owned company underwent a year-end leadership change after Chairman, President and CEO Charles Cella died Dec. 6. His son John Cella moved up to president of the company, which owns commercial properties in St. Louis city and county. John McDonald remains as vice president.

John Cella also is executive vice president of the family’s St. Louis-based Southwestern Enterprises…

2017 revenue: $964 million

-24.5%

With less construction work nationwide, revenue dropped at CIC Group, a holding company consisting of eight business units that specialize in heavy industrial construction and the supply of heat recovery steam generators to the power industry.

Revenue was up 17 percent in the company’s power segment but down 25 percent in the construction segment, said Don Lange, chairman, president and CEO. “The company anticipates about the same revenue in 2018,” he said.

Nooter…

2017 revenue: $900 million

+8%

Fenton-based Fabick CAT, the exclusive dealer of Caterpillar equipment, power systems, parts, service and rental equipment throughout major portions of Missouri, Illinois, the entire state of Wisconsin and upper Michigan, celebrated 100 years in business in 2017. The company saw success across its diverse territory with specific highlights in the frac mining industry and a booming construction industry.

“For 100 years, Fabick CAT has supplied equipment and services…

Hawaii’s Trinity Investments LLC has acquired the Hilton Los Cabos Beach & Golf Resort in Los Cabos, Mexico, in a joint venture with affiliates of Walton Street Capital LLC and funds managed by Oaktree Capital Management LP for an undisclosed price and sold a portion of the rooms to Hilton Grand Vacations.

“Purchasing the Hilton Los Cabos Beach & Golf Resort advances our proven strategy of acquiring well-located, high-quality assets with value-add upside in international markets that we know…

The Portland nonprofit is taking a new approach to the affordable housing crisis

Bob Brant retired from Gentry Homes Wednesday after 18 years as president and CEO of the Hawaii-based residential development company that has built thousands of homes in West Oahu.

Quentin Machida, who was most recently the company’s senior vice president and chief financial officer, succeeds him as president and CEO.

During Brant’s tenure, Gentry developed multiple single-family home and condominium projects in the master-planned community Ewa by Gentry, which is now home to more than 8,300…

2017 revenue: $3.7 billion

+8.8%

The addition of new clients helped McCarthy Holdings grow revenue in 2017, said Scott Wittkop, president and COO.

“We deliver an exceptional client experience and that turns into more sales,” Wittkop said.

McCarthy, a general contractor, averaged $4 billion in sales the last four years, which is the value of contracts awarded to the company for future construction projects, he said. The company saw sales reach $4.3 billion in 2017 and expects to be close…

Friendswood Development Co., one of Houston’s most active residential real estate developers, is launching another master-planned community.

Baytown Crossings will be on 514 acres at Garth and Wallisville roads in Baytown's extraterritorial jurisdiction, according to a press release. The first homesites are expected to be available for builders in early 2019, and the community’s grand opening is planned for summer 2019. Baytown City Council approved the creation of a municipal utility district…

Building a home in Minnesota is 20 to 30 percent more expensive than in Wisconsin, but Pulte Homes of Minnesota will still build 500 homes per year here anyway.

The California Energy Commission, in a unanimous vote Wednesday, approved a mandate requiring that all new housing in the state built after 2020 come with installed solar power.

The action brings California a step closer to its goal of having all new housing in the state use zero net energy. It could also add thousands of dollars to the upfront cost of a new home.

“This is an undeniably historic decision for the state and the U.S.,” said Abigail Ross Hopper, CEO of the Washington, D.C.-based…