The landscape of Hope Mills, NC, is witnessing a transformation thanks to the concerted efforts of RAYWEST DESIGNBUILD, a construction firm specializing in commercial projects. Founded in 2015 by Hector Ray and Greg West, RAYWEST DESIGNBUILD has marked its presence in the hearts and minds of local
The city of Ogden, Utah, is embroiled in a legal battle with Heritage Land Owners, a development company, over the construction sequence of the Midtown Village project. Situated along Washington Boulevard north of downtown Ogden, the project's progression has stalled due to conflicts between the
The industrial construction sector saw a dramatic downturn in 2024, with the third quarter reporting one of the steepest declines in recent history. According to CommercialEdge data, construction starts plunged by a staggering 75.3 percent from the previous quarter. This figure translates to a drop
The commercial real estate sector witnessed a significant uptick in August 2024, marked by a 3% increase according to the Dodge Momentum Index (DMI). This rise, signaling strengthened planning activity, underscores the resilience and growth potential in the market. August's Performance and the DMI:
Germany's commercial property market has gripped industry watchers due to recent significant downturns, and the latest data suggests a mix of ongoing challenges and early signs of stabilization. Prices for commercial real estate in Germany fell 7.4% during the second quarter of 2024 compared to the
In recent years, the commercial real estate (CRE) sector has emerged as a potential catalyst for a financial crisis. Despite managing to stay afloat, significant underlying issues continue to plague the market. The investment woes of UBS Group in the Sports Illustrated Building serve as a prime
