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It’s 2021 . . . Now What?

Had we written this Blog a week ago, it would have been obsolete by the time it was posted. In fact, the Blog was mostly written but then on January 8, 2021, the Bureau of Labor Statistics released December’s employment data and many of the predictions we had included flew out the window.

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CII, CURT, and ECC Explore Industry Alliance

CII, CURT, and ECC are exploring the establishment of an industry alliance to capture the benefits of increased content collaboration, better sharing of research and benchmarking learnings, diversifying industry sector participation, and maximizing benefits from integrating conference production activities. The Alliance intends to deliver even more value to our industry, more construction for the money, …

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Defining “Distressed” or “Suspended” Real Estate Projects – And How Owners Can Save Them

Three Critical Steps to Reviving Stalled Projects Innumerable real estate projects become “distressed” or “suspended” for a multitude of reasons. A “distressed” situation can be defined as a construction project that has exceeded (or is projected to exceed) its project budget and\or its project schedule by more than 25 percent. A “suspended” project is one …

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