Many in-person industry events are back on this year. Here is the full rundown. While the COVID-19 omicron variant continues to spread, with vaccinations and booster shots available, many in-person conventions are back on for this year. Read on for a list of major...
The Great Reset and Our New Work Life
Never in the history of our planet has this happened. In the last few months, the COVID-19 pandemic has shaken the world: sickening people by the millions and killing them by the hundreds of thousands. The virus is not to be taken lightly, and neither are the lessons...
329 Metro Areas Added Construction Jobs in May
Construction employment increased in 329 out of 358 metro areas between April and May as a new survey finds that two-thirds of highway construction firms had at least one crash in the past year at highway work zones they operate. Officials with the Associated General...
Largest Contractors in Metro Detroit Ranked by 2019 Revenue
1. BARTON MALOW CO. 26500 American Dr. Southfield 48034 248-436-5000 bartonmalow.com 2019 Revenue: NA 2018 Revenue: $1.9B Regional Employees: 2,200 Top Local Executive: Ryan Maibach, president 2. BELFOR HOLDINGS INC. 185 Oakland Ave., Ste. 15 Birmingham 48009...
New Data Shows Construction Activity Returning to Pre-coronavirus Levels in Many Parts of the Country
A new survey by the Associated General Contractors of America and data from construction technology firm Procore show that construction activity is returning to pre-coronavirus levels in many parts of the country and some firms are adding workers. The new economic...
The Megacity is Dead. Long Live the Megacity
Easing lockdowns around the world present an opportunity to go back to the drawing board for many economies. In Asia, densely packed urban centers are a good place to start. The trick for planners will be to minimize disease outbreaks without quashing the promise of...
Guiding Changes in the Workplace: Past, Present, and Future
In workplace design, change management is the process of equipping leadership (first) and then supporting staff (second) in a company to move from their current state to their new future state. Usually, the purpose of change management is so that employees can embrace...
Why We Decided to Revamp Our Look & Debut a New Website
What are you obsessed with? At Sachse Construction, we have five obsessions: customers, feedback, innovation, team members, and training. While these obsessions are not the only driving force behind our day-to-day operations (hello, Core Values, Rayisms, and...
Michigan Chamber Compiles PPE Resource List as Businesses Start to Reopen
The Michigan Chamber of Commerce has compiled a list of companies that supply personal protection equipment in preparation for another surge in demand as businesses around the state begin to reopen. The 30 companies listed on the chamber's website manufacture or...
Pandemic Uncertainty Hides Strength, but Also a Need to Adapt
SEATTLE & PITTSBURGH—While CRE pros face a lot of unknowns right now during the coronavirus pandemic, they can rely on strong experience, teamwork and market fundamentals. GlobeSt.com reached out to SIOR VP Patricia Loveall, partner and EVP of Kidder Mathews in...
Cash and the Coronavirus: 4 Ways Contractors can Collect and Borrow
A healthy flow of cash is important to contractors, even when there’s not a global pandemic. But now that the spread of the coronavirus has resulted in mandatory project shutdowns in many states, a trade workforce that is scared to show up and skittish owners that...
In Spite of Great Uncertainty, CRE Deals Continue to Close
With all but the most essential small businesses shut down, vast numbers of commercial and multifamily tenants unable to pay rent and no clear date for when the U.S. economy might re-open, it would be easy to assume that commercial real estate investors would opt to...
Is Marijuana Real Estate Pandemic-Proof?
While many bricks-and-mortar stores have temporarily shut down recently because they were deemed as “non-essential” in a time of a pandemic, the debate has not been settled when it comes to marijuana stores. For example, in California, Governor Gavin Newsom’s...
Coronavirus Fuels Indecision Among Multifamily Investors
What a difference a week makes. Investors can now expect fewer deals and lower prices for apartment properties—at least in the immediate term—as the U.S. economy adjusts to the rapid spread of the coronavirus disease 2019 (COVID-19). “Deal activity can stall...
Property Managers Share Best Practices for Office Building Safety Amid COVID-19 Threat
While retail and hospitality sectors are feeling the most pain from this pandemic, office building owners and users nationwide are taking precautions to stop the spread of the disease, regardless of whether their area has diagnosed virus cases. Many tenants and...
AGC to Government Officials: Shutting Down Construction Projects is an Unnecessary Step
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to steps being taken to put in place arbitrary halts to construction activity in certain parts of the country: “Halting...
Construction Spending to Grow Modestly in 2020, Predicts JLL’s Annual Outlook
Nonresidential construction spending, which rose by 3.5% in the second half of 2019, is expected to increase in 2020, albeit at a modest 2% clip, with demand projected to weaken as the year goes on. In its Construction Outlook for the U.S. 2020, JLL attributed last...
Don’t Fret Just Yet About Commercial Real Estate Debt Threat
Local experts believe banks and other lending institutions will work with landlords to avoid what could be a recipe for a wave of foreclosures on commercial real estate debt in light of the two-week mandated shutdowns of restaurants, bars and other businesses to...
6 Ways the Coronavirus Outbreak Will Affect Construction
Three words stand out to construction attorney Steve Lesser when thinking about how U.S. contractors should react to the negative effects of the global coronavirus pandemic: Wait and see. Lesser, the chair of Becker’s construction law practice, said he thinks the best...
Detroit and Wayne County Halt Evictions, Tax Foreclosure Due to Coronavirus
Due to concerns about public health amidst the coronavirus (COVID-19) pandemic, two extraordinary steps were taken today in Detroit and Wayne County to curb the loss of homes. The Detroit Free Press reports that Wayne County won’t foreclose on any homes in 2020. This...
Trust Translates to Better Financial, Organizational Performance for Contractors, Survey Shows
Construction companies that don't make trust a high priority within their organizations could be leaving millions of dollars on the table every year, according to a study released by Autodesk and management consultancy FMI Corp. this week. Authors of the "Trust...
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