Financing

Green Building Solutions: Financial and Environmental Benefits Explored
Market Overview Green Building Solutions: Financial and Environmental Benefits Explored

The real estate industry is currently experiencing a significant transformation, shifting from traditional construction methods to more sustainable and eco-friendly practices. This transition is driven by evolving market pressures, heightened regulatory requirements, and innovative financing

Thor Equities Secures $68.5M Loan for Deer Park Industrial Facility
Market Overview Thor Equities Secures $68.5M Loan for Deer Park Industrial Facility

In a significant move that highlights Thor Equities' commitment to growth and excellence in the industrial sector, the company has successfully obtained a $68.5 million construction loan from Acres Capital for the development of a state-of-the-art, 310,500-square-foot Class A industrial

Are Record Wage Increases Enough to Solve Construction's Labor Shortage?
Construction Management Are Record Wage Increases Enough to Solve Construction's Labor Shortage?

The construction industry has been experiencing a significant surge in wages for residential building workers, according to the National Association of Home Builders’ Eye On Housing blog. In September 2024, these wages saw an impressive increase of 9.9%, following an even more dramatic rise of 1

IndyGo Sues AECOM for Delay and Cost Overruns on Transit Center
Market Overview IndyGo Sues AECOM for Delay and Cost Overruns on Transit Center

A recent lawsuit has brought to light the challenges and complexities inherent in urban construction projects, specifically highlighting the prolonged and costly delays associated with the Julia M. Carson Transit Center. Indianapolis Public Transportation Corporation, commonly known as IndyGo, has

How Are Rising Costs Affecting Construction Economics in 2024?
Market Overview How Are Rising Costs Affecting Construction Economics in 2024?

In 2024, the construction industry in the United States navigates a landscape characterized by rising costs and unpredictable economic shifts. The current state of construction costs is underscored by a 20-city average cost index that reflects the growing expenses in materials and significant

OSHA Enhances Construction Safety with Budget Boost and Tech Integration
Construction Management OSHA Enhances Construction Safety with Budget Boost and Tech Integration

The Occupational Safety and Health Administration (OSHA) has embarked on a transformative journey to enhance worker safety in the construction industry, particularly focusing on the period from 2024 and beyond. With a significant increase in budget allocation and the integration of advanced

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