Franklin Street Real Estate and Financial Services
When large, big-box chain stores were being built during the 1980s and 1990s, breaking into the business was a relatively straightforward enterprise for smaller construction firms hoping to expand. While that pioneering spirit is still needed today to succeed, the digital age has dramatically changed consumer habits making retailers shift the way they design their stores to keep customers coming in, which means construction industry professionals…
After six years of rising apartment rents in U.S. cities, investors from all corners of the real-estate industry are piling into new projects in a bet the boom still has a long way to run.
Construction labor shortages have put pressure on construction pricing and have created a war to retain workers.
Welcome to Construction Physics, a newsletter about the forces shaping the construction industry. With a few exceptions, this newsletter has focused mostly on building construction in the US. It’s what I’m most familiar with, and what I’m most confident in my ability to accurately contextualize. And if construction were a globalized marketplace, we might expect conclusions drawn about the US market to generalize around the world…
Accelerating housing costs are squeezing out renters.
Home prices keep rising, but not just because they're worth more. Sales of higher-end homes are skewing that median home price figure upward.
Because of new tariffs on aluminum, construction costs are rising forcing many projects to be put on hold.
New data released by the U.S. Census Bureau and the Department of Housing and Urban Development provide strong evidence that the costs of producing new housing are making it difficult to impossible…
The home buying experience can be overwhelming and expensive. The prices for a house are higher than ever before – especially if you choose to build your own house rather than buying a pre-existing one. Some homes are taking much longer to go up, and they cost a lot more than they did 5 years ago. We spoke with the Vice President of Place Homes, and he says the change is because of labor and transportation shortages.
Check out the 5 reasons why new home construction is the new competition for your home sale and what you can do about it.
The multiple pressures of rising costs, lack of consumer confidence, online shopping and too much space are combining to create the perfect storm. The old retail model which is no longer fit for purpose is suffering whilst a new retail model focused on the customer continues to thrive.
Options like ClosingCorp and CFPB's 'Know before you owe' program are helping buyers take the guesswork out of closing costs
Drones can much more for construction sites once their full potential has been explored.
Jobs in construction are growing, as is the number of new entrants to the workforce. Companies can narrow the gap by adapting new approaches for attracting millennials. By focusing on the millennia…
BIM, labor shortages, tiny houses and more. We've compiled the most important trends that construction executives should keep an eye on.
Is the new construction, renovation, repair, and maintenance of Real Property subject to NJ Sales & Use Tax? While we can generalize, there is no easy answer to this question as there are many variables that need to be considered to make a proper determination. Additionally, your contractor often isn’t much help as they simply …
The construction industry has a labor shortage and a perception problem- but that does not mean that it cannot be attractive to young people joining the workforce.
There is something unique about building houses that inherently eschews efficiency and automation.
Understanding how contractors bill for services can help you keep costs down and your project on track