Financing

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

How Will Election Uncertainty Impact Construction in 2024?
Market Overview How Will Election Uncertainty Impact Construction in 2024?

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

How Are Construction Firms Thriving Amid Economic Challenges?
Market Overview How Are Construction Firms Thriving Amid Economic Challenges?

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

Greystone and BlackRock Partner to Invest $500M in Affordable Housing
Market Overview Greystone and BlackRock Partner to Invest $500M in Affordable Housing

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)

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