Construction Business Owner

NOVEMBER 6, 2019

With the rise of large, global banks and internet banking, the relationship between a company and its bank has lost its luster. Gone are the days where a banker was a trusted advisor and an integral part of a company’s team. Now, the bigger the institution, the less ability it has to form a real relationship with its customer.

Banking 221

Banking 221

Construction Dive

MARCH 15, 2023

As regulators step in to operate SVB and Signature Bank, security executives warned companies to look out for malicious activity.

Banking 79

Banking Regulation Security 79

Business Facilities

AUGUST 10, 2022

The Bank Of London has announced it will open its US Global Platform & Services headquarters in Charlotte, NC.

Banking 98

Banking North Carolina Charlotte US 98

Pro Builder

MARCH 16, 2022

Home Prices Could Continue to Rise Into 2023, Says Bank of America. Bank of America predicts that home prices across the U.S. While climbing mortgage rates could pour some cold water on the housing market over the long term, Bank of America says it could increase buyer urgency—as they rush to lock in rates—in the short term.

Banking 98

Banking America Inventory Income 98

Construction Dive

APRIL 13, 2023

After the collapse of Silicon Valley Bank and Signature, multifamily borrowers could face challenges finding construction debt and loans from smaller lenders.

Banking 65

Banking Debt Construction 65

ENR Construction

NOVEMBER 4, 2022

Funding infusion was provided by the national infrastructure bank to develop the 300-MW modular facility, set to cost billions when completed, at the Darlington nuclear plant site in Ontario.

Banking 80

Banking Infrastructure Site 80

BD+C

OCTOBER 14, 2020

At 56 stories, Bank of America Tower is the tallest commercial building to be added to the Chicago skyline in the last 30 years. . Designed by Goettsch Partners, the 1,770,000-sf tower includes a stepped center core, which allows for a 45-foot lease span on each side.

Banking 105

Banking America Leases Chicago 105

Pro Builder

MARCH 16, 2023

How the Silicon Valley Bank Failure Could Affect the Housing Market ldeakins Thu, 03/16/2023 - 11:02 The collapse of Silicon Valley Bank last Friday led to two other bank closings that rattled the tech industry and the cryptocurrency market. Could panic in the financial markets affect the real estate sector?

Banking 52

Banking Housing Industrial 52

Pro Builder

APRIL 18, 2023

Will Banking Sector Uncertainty Cause a Slowdown in New Construction? While elevated interest rates have made construction less profitable since the final quarter of 2022, recent banking turmoil is increasing headwinds for residential developers. As lending standards tightened, construction backlog decreased to 8.7

Banking 52

Banking Finance Construction Profitability 52

BD+C

MARCH 24, 2021

The City of Chicago has selected Austin United Alliance’s proposal for the redevelopment of the Austin-Laramie State Bank site, which includes the historic Art Deco Laramie State Bank. The building has sat vacant for nearly a decade. . .

Austin 98

Austin Banking Site Chicago 98

Pro Builder

APRIL 11, 2023

The 2022 deficit represents a 113% decrease from the previous year's average income of $2,339 per mortgage. Negative profits in 2022 are likely a result of slower housing activity caused by higher financing costs coupled with elevated home prices, leading to lower purchase and refinance volume.

Banking 52

Banking Profitability Finance Inventory 52

Business Facilities

JULY 7, 2020

Barclays US Consumer Bank plans a $6.9 Read: Barclays US Consumer Bank Creating 300 Jobs In Delaware at BusinessFacilities.com. million capital investment as it expands its customer service operations in Wilmington, DE.

Delaware 71

Delaware Banking US Plans 71

ENR Construction

NOVEMBER 4, 2022

Funding infusion was provided by the national infrastructure bank to develop the 300-MW modular facility, set to cost billions when completed, at the Darlington nuclear plant site in Ontario.

Banking 68

Banking Infrastructure Site 68

Construction Law

MARCH 31, 2021

One thing that can be confidently said about the newly announced National Infrastructure Bank (NIB) is that it won’t be funding very much of the procurement of the UK’s national infrastructure. Adverse comparisons are being made with the scale of the European Investment Bank funding that has been lost post Brexit, which was some £5 Billion.

Banking 52

Banking Budgeting Budget Green 52

Pro Builder

DECEMBER 13, 2021

How Land Banking Could Help Builders Battling Shortages. Land banking offers a potential solution for builders to generate strategic capital and minimize the risks associated with land ownership in the midst of national shortages, according to John Burns Real Estate Consulting. Mon, 12/13/2021 - 09:49. A look into his crystal ball.

Banking 52

Banking Risk Deals Inventory 52

Pro Builder

SEPTEMBER 21, 2021

Banks Consider Climate Change Risk for Home Loans. Banks are starting to calculate their risk exposure to climate catastrophes, and this process can be called “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Tue, 09/21/2021 - 11:36.

Banking 52

Banking Risk Finance Comparison 52

Construction Dive

MAY 9, 2023

The lending environment, which has grown more treacherous over recent weeks, could dampen new multifamily starts by as much as 60%, according to one executive.

Banking 119

Banking Environment Construction 119

Construction Dive

APRIL 11, 2023

The Dodge Momentum Index, which leads actual construction by a year, tumbled 8.6% in March amid lending concerns.

Banking 124

Banking Plans Construction 124

BD+C

JANUARY 19, 2021

In 10 years, the world will have reached a tipping point where the negative impacts of climate change are irreversible. A significant contributor to global CO 2 emissions is the built environment, accounting for 45% of total emissions through the energy it uses and the carbon emitted to create it.

Banking 125

Banking Accounting Environment 125

Pro Builder

OCTOBER 30, 2020

Banks Step In to Shrink Black Homeownership Gap. More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one firefighter and his family were able to purchase a home with the help from Chase Bank’s Chase Homebuyer Grant, according to the Washington Post.

Banking 52

Banking DC Washington Income 52

Natural Building

JANUARY 22, 2020

This particular building is a seed bank in the compound that hosts Seed Savers Network. The seed bank is made of locally available materials, some of which would otherwise have ended up being toxic to the environment if not well recycled. The upper floor of the building hosts an office which gives a scenic view of Lake Elementaita.

Banking 75

Banking Materials Environment Foundation 75

Construction Dive

MARCH 21, 2023

Given the current economic climate, the dominant outlook is that things might get worse, but there is a silver lining, writes proptech executive David Bitton.

Banking 110

Banking Commercial 110

Construction Dive

AUGUST 21, 2023

A notice to financial institutions highlighted how bad actors use shell companies to commit workers’ compensation and payroll fraud.

Banking 114

Banking Compensation Construction 114

BD+C

MARCH 20, 2018

A two-story former Regions and First National Bank building is getting a second life as a modern café in Montgomery, Ala. As part of the renovation, the bank building’s terrazzo floors were refurbished and the teller window was transformed into a drive thru.

Banking 74

Banking Alabama Renovating Safety 74

Contractor Bookkeeping

JULY 19, 2024

To commit fraud, or in this case, embezzlement, an employee must have both access and opportunity—that is, access to funds, banking records, and accounting data. The ideal situation is for someone entrusted with multiple roles who can cut and sign checks, process accounts payable, and handle bank reconciliations.

Banking 106

Banking Accounting Risk Industrial 106

Contractor Bookkeeping

JUNE 1, 2018

Corporations And The Influence They Have Over The World Bank. The World Bank is, in theory, an institution which treats all countries the same. However, the reality is that there is a large amount of influence which certain companies are able to hold over the bank and the decisions which it makes. Multinational U.S.

Banking 53

Banking Industrial US Accounting 53

Construction Dive

APRIL 17, 2023

Recent uncertainty among lenders could lead to new challenges for U.S. construction firms as more projects fail to pencil out.

Banking 117

Banking Construction 117

Pro Builder

JANUARY 5, 2023

Central Bank Isn’t Backing Down—More Rate Hikes Ahead in 2023 ldeakins Thu, 01/05/2023 - 10:48 The Federal Reserve is gearing up for another aggressive year of rate hikes meant to slow inflation, and while economists are optimistic, homebuyers are losing steam The Federal Reserve announced on Wednesday that no cuts can be expected in 2023, and instead, (..)

Banking 52

Banking Finance Forecasting Income 52

Business Facilities

APRIL 26, 2022

TD plans to add 200 jobs in Fort Lauderdale, boosted by a new relationship with the Alan B. Levan | NSU Broward Center of Innovation, to support its goal to create 2,000 tech jobs.

Banking 91

Banking Florida Innovation Plans 91

Levelset

SEPTEMBER 30, 2022

Add in being denied a bank loan, and the frustrations mount. With your back against the wall, dipping into your personal bank account may feel like an easy solution. In this article, we’ll share five ways you can increase your cash flow when the bank denies you access to the money you need to start or grow your construction company.

Cash Flow 52

Cash Flow Banking Finance Bidding 52

ENR Construction

JUNE 30, 2020

The pandemic has accelerated the number of loans in default, but S&P report says bank portfolios are structured to withstand a downturn.

Banking 56

Banking Construction 56

Contractor Bookkeeping

OCTOBER 11, 2019

Contractors want money; banks want to lend money, what's the problem? Multiply that by 100,000, and you will begin to understand why banks seem so tight-fisted about loaning money. Think of all the times: You loaned money to a friend or relative. Provided labor and material for somebody's home or business without a deposit check.

Banking 49

Banking Contractors Change Orders Materials 49

Contractor Bookkeeping

MARCH 22, 2019

Vice President Relationship Manager Sound Community Bank. Today's Guest Article Is From Steven K.

Banking 49

Banking Management 49

Construction Equipment

MAY 25, 2018

Postal Inspection Service , Indiana States Attorney Josh Minkler has announced federal charges against six individuals, including a former regional construction project manager of a bank, who are alleged to have operated a multi-level scheme to defraud and embezzle over $8 million from a Pennsylvania-based bank and a Pennsylvania insurance company.

Banking 49

Banking Management Pennsylvania Indiana 49

BD+C

FEBRUARY 6, 2018

When I say I focus on retail banking I’m greeted with a raised eyebrow. The most common phrase I hear is, “Who even goes to the bank anymore?”. When I tell my friends that I’m a retail designer they get excited… assuming I’m working on an exciting NYC flagship store or a top name clothing brand.

Banking 53

Banking Retail Design 53

Construction Dive

APRIL 10, 2024

Karen Higgins-Carter, the company’s chief information officer and a former banking industry executive, says contractors need to band together against cyber threats.

Security 114

Security Banking Design Office 114

BD+C

FEBRUARY 20, 2018

The bank should be about human interactions, not transactions. When talking about shopping and brand loyalty, Gen Z is looking for real, authentic experiences … and these can’t happen online without forging relationships. With the greatest intergenerational transition of wealth in U.S.

Banking 68

Banking Retail 68