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Brian Gallagher

ABC Endorses President Trump for Reelection

by Associated Builders and Contractors on August 28, 2020

Associated Builders and Contractors is proud to announce its endorsement of President Donald J. Trump for reelection. In a letter to the president, ABC President and CEO Michael D. Bellaman and ABC 2020 National Chair Tim Keating, owner and president of R. C. Stevens Construction Co., Winter Garden, Florida, said: “Your continued support for fair and open…

Topics: Business, Government Affairs
2020 Election, President Trump

Survey Finds 72% of Executives Expect a Decrease in Revenue Due to COVID-19

by Crowe on August 27, 2020

Crowe, a public accounting, consulting and technology firm in the U.S. with offices around the world, conducted a pulse survey of more than 300 C-suite executives in three phases between late April and early June 2020. The study compiled responses from leadership spanning industries such as financial services, manufacturing and distribution, construction, healthcare and the public…

Topics: Business
COVID-19

Construction in the United States 2020-2024: Growth Prospects by Market, Project Type and Construction Activity

by ResearchAndMarkets.com on August 25, 2020

The “Construction in the United States (US) – Key Trends and Opportunities to 2024” report has been added to ResearchAndMarkets.com’s offering. The US construction industry is expected to contract by 6.5% in real terms in 2020, and 2.0% in 2021. With economic activity expected to contract by as much as 8% this year, and the surge of new COVID-19 cases in…

Topics: Business, Contracting
Construction Market

NAIOP Industrial Space Demand Forecast: While Long Term Growth Is Expected, Recession Will Have a Significant Impact on Industrial Real Estate Absorption Rates Into 2021

by NAOIP on August 25, 2020

Although industrial real estate has outperformed other commercial property types this year due in part to a surge in e-commerce, broader macroeconomic indicators suggest industrial space absorption will decline sharply in Q3 2020 and then rebound to positive levels in Q2 2021, according to the NAIOP Industrial Space Demand Forecast, released today. Industrial net absorption is…

Topics: Commercial, Markets, Uncategorized
Commercial Real Estate, NAOIP

ABC Launches Tech Alliance to Help Contractors Transform the Construction Process

by Associated Builders and Contractors on August 25, 2020

Associated Builders and Contractors today announced the launch of its inaugural Tech Alliance—a consortium of firms that create construction technology and innovative digital solutions for ABC contractor members, the majority of which are classified as small businesses and primarily perform work in the industrial and commercial sectors. Consisting of 13 companies, the Tech Alliance will…

Topics: Business, Technology
ABC, Construction Technology

Broadshore Capital Partners Provides $44.5 Million Senior Construction Loan on 314-unit Charlotte, North Carolina Apartment Community

by Broadshore Capital Partners on August 24, 2020

Broadshore Capital Partners (Broadshore) announced today that it has closed a $44.5 million senior construction loan to Panorama Holdings (Panorama) for the construction of the 314-unit Lumeo apartment community in Charlotte, North Carolina. Lumeo, at 7100 MacFarlane Blvd, is located adjacent to the University City Light Rail stop offering convenient access to nearby shops, dining…

Topics: Projects, Residential/Multi-Family Residential
Multi-family

Construction Employment Declines from June to July in 26 States and D.C. as Projects Are Canceled; Association Calls for New Relief Steps

by Associated General Contractors on August 21, 2020

California and New Mexico Have Worst One-Month Job Losses While New York Has Largest Increases; California and Vermont Post Worst Yearly Declines as Utah and South Dakota Have Largest Gains Construction employment decreased from June to July in 26 states and the District of Columbia as earlier widespread job gains gave way to more project…

Topics: Contracting
AGC, Construction Employment

PlanHub and STACK Construction Technologies’ Continued Success With Partnership

by PlanHub and STACK Construction Technologies on August 20, 2020

PlanHub (https://www.planhub.com), the industry’s leading web-based open plan room and construction bidding solution, has found success through their joint partnership with STACK Construction Technologies (https://www.stackct.com/), a leading cloud-based construction takeoff and estimating solution. Over the past few months, PlanHub and STACK have united their marketing tactics to raise awareness of one another’s software to their…

Topics: Construction, Technology
Construction Technology

Modular Building Institute-Sponsored Offsite Construction Expo is Going Digital – Registration Now Open

by Modular Building Institute on August 20, 2020

Registration is now open for the now-digital Offsite Construction Expo – Denver, proudly sponsored by the Modular Building Institute (MBI). This two-day digital expo will start on September 16 and conclude September 17. The Expo will closely follow the format of previous in-person Expos and will feature educational presentations, digital booths from industry exhibitors, and…

Topics: Operations
MBI, Offsite Construction

CRM – Construction Management Now Serving Florida Areas

by CRM Construction Management on August 20, 2020

South Carolina-based general contracting firm CRM – Construction Management (CRM-CM) is excited to announce its services are now available in Brevard County, Florida in addition to South Carolina and North Carolina. This furthers the company’s mission to start with strong roots and deliver a plethora of residential and commercial services. CRM-CM offers both commercial and…

Topics: Contracting

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What We’re Reading

  • WGU aims to address Tennessee’s health care workforce shortage (video)
    Source: Raleigh Business Journal Published on May 14, 2025
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    Source: Business North Carolina Published on May 13, 2025
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    Source: Business North Carolina Published on May 13, 2025
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    Source: Raleigh Business Journal Published on May 13, 2025
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    Source: Charlotte Business Journal Published on May 13, 2025

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