Bank failures cause uncertainty for contractors
Construction Dive
MARCH 16, 2023
The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said
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Will banking woes drag down commercial real estate?
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
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Phases of Commercial Real Estate Development
Construction Marketing
JANUARY 25, 2023
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.
Competition has banks easing up on commercial lending
Construction Dive
MAY 15, 2018
A Federal Reserve Board survey revealed that commercial lenders' loan standards are the most relaxed they have been in three years
Commercial Construction Real Estate Trends from ICSC 2014
Commercial Construction
JUNE 12, 2014
For one week each year, the commercial construction industry converges on the desert city as national retail construction firms, retail brokers and retailers all get together to make deals and plan for the following year. Retailers and retail construction firms were ready to get back to work, but a key part of the equation was missing—commercial real estate lenders were not fully on board with new retail development yet.
Chicago’s Bank of America Tower completes, opens
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.
Cub Cadet Renews Partnership with TD Bank
Green Industry Professionals
JANUARY 28, 2019
TD Retail Card Services will continue to support Cub Cadet by providing consumer and commercial revolving credit financing
Best and Worst of Commercial Construction Practices in 2009
Commercial Construction
DECEMBER 15, 2009
At the beginning of 2009, I don’t think anyone, including a national commercial general contractor like Englewood Construction, was prepared for the twists and turns that would face the commercial construction industry. In fact, we worked on two green projects this past year and we hope to do even more next year as we are committed to helping our clients reduce their carbon footprint through sustainable commercial construction.
Is There a Future in Commercial Investment Properties for You?
Wolgast Corporation
MARCH 9, 2022
Have you considered commercial investment properties to add to your portfolio? It’s best to get your financial advisor, commercial realtor, and design/builder to work with you and identify a good opportunity.
Office/Retail/Mixed-Use Best Project: Bank of America Tower
ENR Construction
SEPTEMBER 29, 2020
Downtown Houston’s newest high-rise, the 35-story Bank of America Tower, was constructed with the goal of attaining an elite designation for green commercial design
How to Stop Further Deterioration of Distressed Commercial Assets
Commercial Construction
OCTOBER 15, 2009
Whether you’re a bank with distressed commercial real estate assets on your balance sheet, or you’re a real estate investor/developer who purchased a foreclosed commercial property, creating a viable workout plan can be an uphill battle. However, there are ways to stop the bleeding and minimize the costs of owning , maintaining and repositioning distressed and foreclosed commercial assets. I’m not going to sugar coat it.
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Brady Associates Donate 9,420 Meals to Local Food Banks
Contractor Magazine
JANUARY 22, 2013
Brady, a company that provides energy systems and comprehensive HVAC building solutions for commercial and industrial facilities across North Carolina, announces today that associates across the company’s nine locations raised nearly $1,900 and more than 300 cans of food for donation to local food banks.
GSD: A solid commercial contracting blog demonstrates trust-building talent
Construction Marketing Ideas
MARCH 7, 2018
Lauderdale, FL based GSD Contracting LLC has built the phrase “Building Trust” into its logo — and this commercial contractor has achieved that objective with its well-designed and written blog. Consider this post for example: Top 5 Design Trends: The Future of Bank Construction in South Florida.
Commercial Real Estate Recovery To Accelerate In 2014
Buisness Facilities Contributed Content
DECEMBER 30, 2013
Jones Lang LaSalle’s (JLL) research experts have polished off the firm’s crystal ball and it reveals a clear path to stronger performance expectations for commercial real estate in 2014. ” Many industries are now recouping job losses from the recession and this – after occupier downsizes and space considerations in prior years – will create additional demand for commercial real estate. Posted by Heidi Schwartz .
Successful Commercial Construction Strategies and Operations: Tip #2
Commercial Construction
SEPTEMBER 24, 2009
Key Steps Commercial Developers Can Take to Ensure Their Contractors are Financially Stable. Whether you’re hiring a general contractor , architect, engineer or some other consultant, their ability to pay their subs directly and on time affects the success of your commercial construction project. Watch this commercial construction video , or read below to learn three important steps you need to take to confirm the financial stability of your contractor.
Commercial Real Estate To See Moderate Growth In 2016
Buisness Facilities Contributed Content
FEBRUARY 16, 2016
Commercial Real Estate To See Moderate Growth In 2016 originally appeared on Business Facilities - Economic Development, Site Selection & Workforce Solutions. Moderate economic growth with low interest rates, punctuated with bouts of pessimism and volatility—the factors that have characterized the world economy for the past few years—are likely to continue in 2016, supporting moderate growth in commercial rents and investment sales volume globally, according to CBRE Group, Inc.’s
Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite
Buisness Facilities Contributed Content
MARCH 17, 2014
Commercial Real Estate market are reaching new heights since financial giants fell more than five years ago, according to a survey conducted by Akerman LLP, a U.S. The Akerman Survey, an annual measure of economic conditions, investor confidence, and key market indicators in the commercial real estate sector, mirrors the perspectives of nearly 300 CEOs, COOs, and other top industry executives who attended the Akerman Summit. commercial real estate financing in 2014.
Watch for Bank Shield Laws in Dealing with Lenders
Construction Lawyer
JULY 22, 2005
The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. Watch for Bank Shield Laws in Dealing with Lenders. A developer found out the hard way about laws that shield banks. Thus, the bank won and the developer was left to deal with the subcontractors. constructionattorneyblog. Attorneys at Sabo & Zahn. Sabo & Zahn. Werner Sabo.
How a bank got it wrong — and what this social media experience can teach us about construction marketing
Construction Marketing Ideas
DECEMBER 13, 2012
Jonah Sachs reports in a Harvard Business Review blog about how an advertising campaign for Denske Bank went badly wrong. The new normal that Danske Bank is pointing to by showing Chinese break dancers, women kissing, windmills, and Occupy protesters clashing with police is a new normal of changing social mores, increasing resource constraints and, yes, distrust of banks. But what Danske bank overlooked is the most significant element of the new normal for advertisers.
Project Update: Mill240
PC Construction
DECEMBER 5, 2017
The rehabilitated mill apartment community, which is situated along the banks of the Merrimack, will build upon the historic former Newark Paper Mill to. All Commercial ProjectsConstruction is well underway on the Mill240 project in Lawrence, Massachusetts.
Delinquency rate for commercial real estate loans at lowest level in three years
BD+C
SEPTEMBER 3, 2013
Trepp, LLC, a provider of information, analytics and technology to the commercial real estate and banking markets, released its August 2013 U.S. The delinquency rate for US commercial real estate loans in CMBS dropped for the third straight month to 8.38%. CMBS Delinquency Report today. This represents a 10-basis-point drop since July''s reading and a 175-basis-point improvement from a year ago. The August 2013 level is the lowest Trepp delinquency rate in three years.
Commercial Property Execs’ Mood Brightens, Yet Outlook Clouded by Economic, Fiscal Uncertainties, Interest Rate Risks
Buisness Facilities Contributed Content
MARCH 4, 2013
Senior commercial real estate executives are increasingly positive about current and future market conditions—particularly as they relate to top-quality assets in top markets—yet they remain concerned about the slow pace of job creation, sovereign budget deficits (including U.S. “As today’s survey shows, commercial real estate is on the mend, but it remains a fragile recovery very specific to property type and individual markets.
CFOs Increasingly Optimistic About Economic Growth
Buisness Facilities Contributed Content
MAY 12, 2014
A new survey from TD Bank reveals a surge in both economic optimism and capital spending plans among middle market and large corporate finance executives. According to TD Bank’s fourth Annual CFO Survey, nearly 60% of respondents are optimistic about U.S. ” Archives Articles By Industry Back Office, IT, And Call Centers Contributed Columns Executive Analysis Featured Post Online Features CFOs Economy Employment Renovations Spending TD Bank Technology
Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?
Construction Law Monitor
APRIL 10, 2014
Your commercial debt collection attorney has a number of weapons at his disposal to collect on the outstanding debt. Further, the attorney can garnish banking and physical assets of the business. Having a good commercial debt collection attorney at your side will greatly increase your collection rates and keep your accounts receivables low. The post Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?
Delinquency rate for U.S. commercial real estate loans hits 11-month low
BD+C
FEBRUARY 1, 2013
Trepp, LLC, the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets, released its January 2013 U.S. commercial real estate loans in CMBS fell 14 basis points in January to 9.57%. CMBS Delinquency Report. The delinquency rate for U.S.
constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.
Construction Lawyer
OCTOBER 6, 2012
The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. The Illinois First District Appellate Court recently issued its opinion in the case of Bank of New York v. The plaintiff bank filed suit to foreclose on a mortgage. The bank defaulted RBM after serving its registered agent. constructionattorneyblog.
FEATURE STORY: Accelerating In Alabama
Buisness Facilities Contributed Content
APRIL 16, 2013
After Mississippi and Florida passed tort reform measures shielding aircraft manufacturers from long-term liability complaints, Bentley quickly put forward the Alabama Commercial Aviation Business Improvement Act, a tort reform tailored to companies like Airbus that make commercial jets seating more than 100 passengers. “We Regions Bank Unveils $1B Development Fund. I hope this will encourage a number of the other large banks to do the same thing,” the governor added.
Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress
Green Building Law Update
APRIL 4, 2021
That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. In the 1980s, the commercial real estate business in the U.S.
FMI Releases Q2-2012 Construction Outlook Report | Business.
Contractor Magazine
JULY 18, 2012
Plumbing Commercial Plumbing. FMI , the largest provider of management consulting and investment banking to the engineering and construction industry, releases the second quarter 2012 Construction Outlook Report. – FMI , the largest provider of management consulting and investment banking to the engineering and construction industry, releases the second quarter 2012 Construction Outlook Report. Commercial construction is beginning to grow again.
Ribbon Cut on Waterbury State Office Complex
PC Construction
DECEMBER 14, 2015
Peter Shumlin cut the ribbon and officially opened the newly renovated Waterbury State Office Complex that was heavily damaged in 2011 when the Winooski River overflowed its banks during Tropical Storm Irene. Projects Sustainability All CommercialToday Gov.
The Dime is Williamsburg’s newest mixed-use development
BD+C
APRIL 28, 2021
Connecting to the existing Dime Bank at the foot of the Williamsburg Bridge, The Dime is a new 22-story tower that merges retail, commercial, and multifamily units.
15 Tips For Starting Your Own Roof and Guttering Business
Construction Marketing
FEBRUARY 11, 2021
10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets.
Shovel-Ready Sites: Ready To Hit The Ground Running
Business Facilities
AUGUST 5, 2019
Whether you call these sites precertified or shovel-ready, the meaning is clear: shovel-ready generally refers to commercial and industrial sites that have all of the planning, zoning, surveys, title work, environmental studies, soil analysis and public infrastructure engineering completed prior to putting the site up for sale and are under the legal control of a community or other third party. By the BF Staff. From the July/August 2019 Issue.
Navistar Opens Proving Grounds in Indiana
Construction Equipment
MAY 18, 2015
where the company will test its entire portfolio of products, including Class 5-8 commercial trucks. Purchased from Robert Bosch LLC, the 668-acre site includes a three-mile paved and banked oval with several additional testing capabilities . Navistar announced the opening of proving grounds in New Carlisle, Ind.,
Five Trends: Why Smart Building Technology Makes Good Business Sense
Buisness Facilities Contributed Content
NOVEMBER 11, 2013
Facing pressure to manage costs, risks and energy consumption, commercial real estate investors are exploring how smart building technologies can help a company’s triple bottom line (people, planet, profits). Five key trends are making smart buildings a “no-brainer” for commercial property owners and investors, according to Jones Lang LaSalle’s latest report, Five Trends: Why Smart Building Technology Makes Good Business Sense. Posted by Heidi Schwartz.
Announcing the Panelists at Construction Americas 2015 Expo
Construction Marketing
JANUARY 12, 2015
Century Bank Arena at the FIU OHL School of Construction in Miami. The Exposition on March 27 will feature three panel discussions focused on the future of commercial construction. ” Register now to participate in a show and conference focused on the very best in commercial construction. We are excited to announce that Construction Americas 2015 Exposition, this March, will have a great line up of panelists and celebrity speaker Chris Grundy.
Julian Construction Offers Wells Fargo Home Projects Visa Card.
Julian Construction
MARCH 1, 2011
LOS ANGELES – Julian Construction ( www.julianconstruction.com ) , one of Southern California’s leading construction and foundation repair companies, today announced the availability of Wells Fargo Financial National Bank Home Projects Visa Card financing for customers. In 2001, Julian used his unmatched experience to form Julian Construction, with the goal of making safer homes, apartments and commercial properties throughout the region. Julian Construction Blog.
Elgin Tower: Elgin's heart beats again
BD+C
DECEMBER 3, 2018
Completed in May 1929 as the headquarters for Home National Bank and Home National Savings and Trust, the 15-story Elgin Tower has had a tumultuous history. Other than a short stint of prosperity in the late 1940s, the tower never achieved its promise as the city’s landmark commercial building. The Crash of ’29 forced the savings institution to declare bankruptcy.
Snapshots: 60 Seconds… With Michael Finney, President And CEO, Michigan Economic Development
Buisness Facilities Contributed Content
JUNE 26, 2014
They are commercializing technology that comes from a spinoff from the FRIB, the Facility for Rare Isotope Beams, at Michigan State University. BF: The Small Business Credit Initiative helps companies get bank loans to expand. This being said, those loans have been vetted through regulated commercial banks whose risk management frameworks are today far more conservative than in the past. Michael Finney, President and CEO, Michigan Economic Development.
Real Estate Industry Making Progress In Reducing Energy Consumption And Greenhouse Gas Emissions
Buisness Facilities Contributed Content
SEPTEMBER 9, 2013
In addition to working closely with its members, Greenprint continues to collaborate with its innovation partners Arup, Deutsche Bank, Gensler, Johnson Controls and Lutron. Archives Articles By Industry Articles By Topic Contributed Columns Energy (Renewable/Alternative/Green) Executive Analysis Featured Post Online Features Renewable Energy Wind Power Carbon Emissions commercial real estate Energy Reduction Environment Greenprint ULI Posted by Heidi Schwartz.
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