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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment dealMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discount
Commercial
South Florida

The brawn behind the boom: ranking South Florida’s biggest contractors

TRD’s ranking reveals increasing competition in an uncertain market

Workers build a new international terminal at Fort Lauderdale-Hollywood International Airport.
Workers build a new international terminal at Fort Lauderdale-Hollywood International Airport.

From the June issue: Cranes still hover at construction sites throughout South Florida, tall testimonies to the high-rise construction boom that has rebuilt skylines on the state’s Southeast coast. But in the shadows of the gleaming new condo towers, construction contractors are moving on, building more airport concourses and schools these days than gleaming skyscrapers.

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Competition is fierce at this stage of the real estate cycle, with big firms bidding fiercely for midsize projects and working extra hard to retain the labor to do the work. [more]

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