National
Economic recovery quickens from crawling to merely slow
The economic recovery can’t get here fast enough. Employers added back 559,000 jobs to the U.S. economy in May,...
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National
What Katerra’s shutdown means for clients, subsidiaries
Last week, “rumblings” from Katerra workers on a project site in Jersey City reached developer Paul Silverman. He then...
National
Troubled construction startup Katerra will shut down: report
Another SoftBank-backed startup has imploded. The construction startup Katerra, which aimed to transform the $12 trillion global construction industry,...
Ugo Colombo’s The Collection nabs $65M construction loan for second Coral Gables dealership
Ugo Colombo’s The Collection luxury dealership scored a $64.5 million construction loan for a second Coral Gables location. The Collection, led by Colombo and...
South Florida residential construction starts surge again in April
South Florida residential construction starts surged in April, but commercial starts declined, according to a newly released report. Miami-Dade,...
National
Builders fall behind on construction of sold homes
If you bought a new home in April, you may be waiting a bit to move in. The number...
National
Sky-high lumber prices are starting to impact apartment construction
Multifamily developers are starting to feel the pain of sky-high lumber costs. The price of softwood lumber jumped 83...
National
Procore raises $635M in long-awaited IPO
Construction software company Procore raised $634.5 million in its long-awaited initial public offering, debuting on the New York Stock Exchange on Thursday. The company initially marketed stock between $60 to $65 a share, Bloomberg...
National Issue
New York’s Construction industry at ‘inflection point’
With global supply chains, an inherent need for on-site workers and a client base that depends on optimism, construction...
National
Construction startup raises $20M in round led by Fifth Wall
A Denver-based startup that hopes to streamline the construction process is getting backing from some big investors. Fifth Wall...
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