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Bank failures cause uncertainty for contractors

Construction Dive

The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.

Banking 128
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Navigating Commercial Building Loan Landscape for Small Business

Wolgast Corporation

Navigating Commercial Building Loan Landscape for Small Business One of the essential components of business growth and sustainability is securing necessary financial resources. For many, this means turning to commercial loans. Securing a commercial loan offers a wealth of opportunities for business owners.

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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Read more on the proper steps to ensure your commercial investment runs smoothly.

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Will banking woes drag down commercial real estate?

Construction Dive

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 109
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Wells Fargo CFO calls commercial real estate a ‘long movie’

Construction Dive

The office market is under the most pressure, the bank’s finance chief Michael Santomassimo said on Monday.

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Commercial, institutional projects boost construction backlog

Construction Dive

Contractors are signaling that demand for their services will continue to expand despite high interest rates and regional bank failures, said Anirban Basu, ABC chief economist.

ABC 91
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Chicago’s Bank of America Tower completes, opens

BD+C

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