MARKET MOVES
Green Pace Financial, Inc. announces the closing of $44.5 Million in C-PACE approved construction financing for a 126 Unit Mixed-Use project
Green Pace Financial, Inc. and its affiliate Hoover Financial, Inc. announced that they have closed on $44.5 Million in PACE approved construction financing for Live, Work, Create Equity, LLC to construct a new 126 Luxury Multifamily development in Koreatown.
The...
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Construction industry adapts to keep significant projects on track during Covid-19 shutdown
California state leaders have deemed construction as an essential business during the COVID-19 pandemic as developers continue work on critical infrastructure. The industry has quickly adopted new health and safety policies amid the pandemic, to keep thousands employed and...
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Government allows resumption of some construction projects in India
To tackle the spread of Covid-19, the Indian Prime Minister, Narendra Modi, announced a 21-day nationwide lockdown, from 25 March to 14 April. However, as the number of daily new cases continued to increase, on 14 April, the government...
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New South Wales ramps up construction during Covid-19
The government of New South Wales (NSW) has chosen to carry on with construction and maintenance activity to keep people working during the Covid-19 pandemic.
Andrew Constance, NSW’s transport and roads minister, said the government would push ahead with A$57.5bn...
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A thousand New Zealand construction workers return to work
More than a thousand New Zealand road and railroad workers have returned to work in an effort to improve the country’s transportation system and post-lock economy, the New Zealand government said.
Employees from the state-owned KiwiRail will work at City...
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Command Alkon Announces Thoma Bravo Acquisition is Complete
Command Alkon, the leading supplier collaboration platform for construction’s heavy work, and Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors, announced the completion of Thoma Bravo’s acquisition of Command Alkon. As the...
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Military planning used during COVID-19 should inspire construction reform
The military-style planning used to deliver emergency NHS projects during COVID-19 should inspire reform within the construction industry, says the BESA
Collaboration between engineers and military planners enabled the transformation of the Excel exhibition centre in London into the 4,000...
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