Bay Harbor One buyer sues to get out of condo deal, citing alleged defects
Citing construction defects and potential future flooding issues, a Los Angeles buyer wants to kill his deal to buy...
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Retail and hospitality led June job gains as virus surged
The U.S. added 4.8 million jobs in June and the unemployment rate fell to 11.1 percent, beating economists’ expectations....
Construction startup Katerra lays off 400+ employees
SoftBank-backed construction startup Katerra has laid off more than 400 employees, one month after new CEO Paal Kibsgaard stepped...
South Florida construction starts plummet again in May
South Florida developers are still holding off on starting new construction projects in the wake of the coronavirus pandemic,...
Unemployment filings stabilize — but at record highs
Another 1.5 million Americans filed for unemployment benefits last week, about one-third fewer than the week prior. The number...
Housing starts are still low, but jump in permits suggest builders are planning
The latest federal numbers show that homebuilders are planning more construction than expected, but actual construction is lagging. The...
Altman scores $55M construction loan for Ludlam Trail project
UPDATED, June 10, 11:25 a.m.: The Altman Companies closed on a $55.4 million construction loan for a Ludlam Trail...
Real estate stocks rally on strong May jobs report
Stock markets rallied on Friday following much stronger job gains in May than were expected, with many real estate...
Construction, retail, restaurants lead May jobs rebound
The U.S. added 2.5 million jobs in May, a surprising bounceback after a March and April that saw 22.1...
Construction starts in SoFla continue to plummet
Construction in South Florida is feeling the brunt of coronavirus. South Florida’s total construction starts fell significantly for the...
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