Construction News

BFC Partners Secures $250 Million Loan for Affordable Housing

News Summary BFC Partners, a leading developer in New York City, has obtained a $250 million construction loan to advance…

1 week ago

Housing Crisis in Canada and the U.S. Deepens Due to Outdated Systems

News Summary The housing crisis in Canada and the U.S. is worsening as outdated systems exacerbate challenges faced by developers…

1 week ago

KeyBank Funds Affordable Housing Development in Cleveland

News Summary KeyBank Community Development Lending and Investment has provided a $33.7 million financing package for the Churchill Gateway II…

2 weeks ago

W Land Development Secures $58M Financing for Preservation Creek

News Summary W Land Development has successfully secured $58 million in financing to launch Phase 1 of the Preservation Creek…

2 weeks ago

GCP Paper Secures Financing for Manufacturing Facility

News Summary GCP Paper, a private label paper product company, has secured financing for a manufacturing facility in New Caney,…

2 weeks ago

Major Investment Secured for Skyscraper Development in Long Island City

News Summary A $625 million investment has been secured for a new 55-story skyscraper development in Long Island City at…

2 weeks ago

Cold Storage Development Thrives in New York Amid Rising Demand

News Summary The cold storage sector is experiencing significant growth in New York, driven by the surge in e-commerce grocery…

3 weeks ago

Construction Nears Completion for 570 Washington Street

News Summary 570 Washington Street, a new 17-story residential building, is on track to provide 175 affordable senior apartments by…

3 weeks ago

NYC Mayoral Candidates Compete to Address Housing Affordability Crisis

News Summary As the Democratic primary for New York City mayor approaches, housing affordability has become a primary issue. With…

3 weeks ago

U.S. Construction Industry Faces Slowdown Amid Economic Uncertainty

News Summary The U.S. construction industry is experiencing a notable slowdown due to economic uncertainty. Data indicates a decrease in…

3 weeks ago