Monday, May 04, 2026
Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Contract. Star Equity Holdings’ wholly owned subsidiary, KBS Builders, Inc. (“KBS”), signed a $4.2 million contract to manufacture a multifamily housing project in New Hampshire, further strengthening Star Equity’s growing footprint across the New England region. KBS’s selection reflects a proven track record of executing complex projects on time and on budget, in our view.
Project. The $4.2 million contract covers the manufacturing of 36 modules for the construction of six 2-unit buildings totaling 26,088 square feet as part of a residential assisted living facility in New Hampshire. The project is designed to achieve net-zero energy efficiency while delivering high-quality housing with shorter construction timelines and enhanced sustainability. Production is expected to commence in May, with delivery to be completed in the third quarter of 2026.
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