Most construction companies across the state have a positive outlook on business for 2023.
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Commercial real estate market cooling, but still strong along I-78/I-81 Corridor
After about two years of record setting growth, commercial real estate firm, CBRE is reporting that leasing activity slowed within the PA I-78/I-81 Corridor logistics market in 2022, posting as little as half of 2020's total.
Read More »Strategic financial management is critical for AEC firm success
Architectural, engineering and construction (AEC) firms are designing, planning, constructing and leading projects worth hundreds of millions of dollars.
Read More »LVHN breaks ground on neighborhood hospital in Lower Macungie
Lower Macungie Township will have a new hospital by the end of 2023.
Read More »Financing announced for Berks Class A warehouse/distribution portfolio
An affiliate of Endurance Real Estate Group LLC announced the successful financing of Berks 61 and Berks 222, a recently stabilized three-building Class A portfolio of distribution centers in the Lehigh Valley West submarket.
Read More »Construction cost outlook for 2023 and beyond
The construction industry is very dynamic and produces various changes every year. Some changes are minor, while others are immense and have lasting effects on the entire industry.
Read More »Lehigh Valley Trade Center nears completion; quarry saved
Lehigh Valley Trade Center (LVTC) is nearing completion in Bethlehem, and developer Trammell Crow Co. (TCC) has donated one parcel to D.I.V.E. LLC to continue scuba diving training at the former Dutch Springs.
Read More »Mortgage rates slip below 5%
For the first time since April, the 30-year mortgage rate average has fallen under 5%. Freddie Mac’s Primary Mortgage Market Survey, released Thursday, showed the average for a 30-year, fixed-rate mortgage was down to 4.99%.
Read More »Newsmakers: Bradbury-Sullivan LGBT Community Center, Iron Hill Construction Management Co. and more
Recent new hires include Tower Health, Morton Brown Family Wealth and more.
Read More »New state program will fund home repairs
The 2022-2023 state budget just signed by Gov. Tom Wolf includes $125 million to fund a new program to pay for home repairs and other improvements for those with limited incomes.
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