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Metnor supply chain debts hit £10m

Construction Enquirer

Metnor worked across the UK as a main contractor in sectors including residential, healthcare, student accommodation, hotel, leisure and commercial. Its sister business M&E contractor Norstead also failed just days after Metnor with an update from administrators expected to be filed at Companies House shortly.

Debt 84
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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

Doncaster based residential developer Empire Property Concepts Ltd went into administration owing suppliers and subcontractors more than £500,000. An update from administrator Opus Restructuring Llp has revealed the scale of debts left by the failure of the firm in April.

Banking 100
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NAHB Chairman's Letter: A Toolkit to Combat the Labor Shortage

Pro Builder

And those unfilled positions are a barrier to new residential construction and housing affordability. Our industry, which has been an economic bright spot for the broader economy during the COVID-19 pandemic, can show young people that residential construction offers well-paying jobs and satisfying careers. Chuck Fowke.

NAHB 105
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NAHB Chairman's Letter: A Toolkit to Combat the Labor Shortage

Pro Builder

And those unfilled positions are a barrier to new residential construction and housing affordability. Our industry, which has been an economic bright spot for the broader economy during the COVID-19 pandemic, can show young people that residential construction offers well-paying jobs and satisfying careers. Chuck Fowke.

NAHB 98
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4 Foundations of a Successful House Build

Constructonomics

Read on for the four foundations of any successful house build; foundations you will need to have in place to take your dream home from concept to reality. Inspiration. If you aren’t inspired, the design you create for your new home will be bland and boring.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. PACE programs are good for the planet and good for improving the housing stock. Last week the U.S.

Finance 120
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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Equity REITs own and operate income-generating real estate properties, while mortgage REITs invest in mortgages and other real estate debt instruments. Demographic Shifts Demographic shifts, such as an aging population , can increase the demand for specialized real estate properties, such as senior housing and healthcare facilities.

Income 216