
Construction job growth reached fewer than half of U.S. metro areas, AGC says
AGC says construction employment rose in 152 metro areas from May 2025 to May 2026, while 161 lost jobs and 47 were unchanged.
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AGC says construction employment rose in 152 metro areas from May 2025 to May 2026, while 161 lost jobs and 47 were unchanged.

Two property owners — one selling $15M in air rights, another a $40M–$50M development site — found their broker through AI search and digital content, not referrals.
NewQuest Properties has broken ground on Seguin Exchange, a 544-acre mixed-use project near San Antonio featuring industrial, retail, and residential uses along the I-35 corridor.

Reading, PA's newly designated CRIZ program is drawing developer interest in mixed-use and residential projects across the city's long-dormant downtown.
BHI provided a $67.5M construction loan to Constellation Group and The Boschetti Group for Cora Merrick Park, a 74-unit boutique condo project in Coral Gables.

MG Developer and Vertical Developments have secured a $100 million construction loan from Benmark Capital to finance Alhambra Parc, a 74-unit luxury mixed-use condominium project in Coral Gables. The three-year financing package will fund the development located at 33 Alhambra Circle, just north of the city's downtown district.

Executives at the 2026 Brooklyn Forum at 25 Kent warned that soaring costs and regulatory hurdles are stalling new development despite strong tenant demand.

Charlotte residents urged a 150-day data center moratorium at a city council hearing, citing water use and energy costs as the council weighs a vote on June 8.

Banneker Ventures discusses how the developer-GC relationship shapes project outcomes amid tariff pressure and labor shortages in today's CRE market.
Extell Development acquired 405-417 Park Ave. in a $520M deal, securing up to 700,000 sq ft of development potential in Midtown Manhattan.

Walker & Dunlop arranged a $130M HUD loan — its largest ever — for GM Development's adaptive reuse of a former VA hospital campus in Denver's Hale neighborhood.

Blue Origin is evaluating a 1.3M sq ft facility in Hutto, TX dubbed Project Blue Hub, with a $650M+ investment and 2,000+ jobs over five years.