Construction News

Bild AI Secures $3.1 Million to Innovate Construction Process

News Summary Bild AI, a startup aimed at transforming blueprint processing in the construction sector, has raised $3.1 million in…

2 days ago

Balfour Beatty Begins Construction on Luxury Apartment Building

News Summary Balfour Beatty has officially commenced construction on a $260 million luxury apartment building named 1301 in Washington D.C.…

3 days ago

New $65.5 Million Multifamily Development Planned for Denver’s River North Art District

News Summary JLL Capital Markets has secured $65.5 million for a new multifamily development at 3850 Blake in the River…

3 days ago

Construction Financing Secured for New Student Housing Near University of Michigan

News Summary CRG and Shapack Partners have secured financing for Chapter Ann Arbor, a 19-story student housing project located close…

3 days ago

Chicago City Council Approves $127 Million LeClaire Courts Redevelopment

News Summary The Chicago City Council has approved a significant funding initiative of $127 million for the redevelopment of LeClaire…

3 days ago

Home Bancorp Reports Strong Performance Amid Banking Challenges

News Summary Home Bancorp has shown remarkable growth in its recent quarterly performance, demonstrating resilience in the banking sector. With…

3 days ago

ED Freezes Assets in Vasai-Virar Land Scam Investigation

News Summary The Enforcement Directorate (ED) has frozen assets worth ₹12.71 crore related to a major land scam involving the…

3 days ago

U.S. Services Sector Shows Signs of Recovery Amid Challenges

News Summary The ISM Non-Manufacturing PMI indicates a positive shift in the U.S. services sector, rising to 50.8% in June…

3 days ago

Thoma Bravo Acquires Olo for $2 Billion, Impacting Construction Tech

News Summary Thoma Bravo has agreed to acquire Olo, a leading SaaS provider for the restaurant industry, for $2 billion.…

3 days ago

UK Construction Sector Outlook: Stabilization Amid Challenges

News Summary The UK construction sector is finding stability despite ongoing economic challenges and rising labor costs in 2025. With…

3 days ago