Election uncertainty has had a noticeable impact on construction activity leading up to the 2024 presidential race. Business owners' anxiety is at an all-time high, influencing key sectors such as private construction, while public sector projects remain somewhat insulated from these concerns for
The construction sector in the United States is currently navigating a landscape marked by inflation, labor shortages, and fluctuating interest rates, challenges that would be daunting for any industry. Despite these economic hurdles, leaders from major firms such as Shawmut, Granite, and JE Dunn
The affordable housing crisis in the United States has reached a tipping point, with a shortage of approximately 7.3 million affordable rental units for low-income families. In response to this dire need, Greystone Housing Impact Investors LP (NYSE: GHI) and BlackRock Impact Opportunities (BIO)
U.S. Development's recent move underscores the burgeoning interest in South Florida's real estate market, particularly in Pompano Beach. The Philadelphia-based developer has successfully secured an impressive $73.8 million in total construction financing for Salato Residences, a forthcoming
The Beitel Group's recent acquisition of a $135 million construction loan marks a significant step in the ongoing development of two adjacent residential projects at 261 and 315 Grand Concourse in Mott Haven, The Bronx. These 14-story buildings, designed by S. Weider Architect PC, will encompass a
The recent success of Sitewire, securing $3.17 million in seed funding, signals a potential shift in the construction finance sector. The funding, led by Zacua Ventures and supported by Argonautic, Great Wave, and Hamilton Ventures, aims to improve the payment processes for home builders, ensuring
