CMiC

Procore and AWS launch strategic multi‑year collaboration to accelerate construction AI

Carpinteria, California, August 27, 2025 News Summary Procore Technologies and Amazon Web Services announced a multi‑year strategic collaboration to co‑invest in…

2 days ago

Arriba Capital closes $67M construction loan for dual-branded Hilton hotel near Oracle campus in Nashville

Nashville, East Bank district, August 26, 2025 News Summary Arriba Capital provided a $67 million construction loan to fund a dual-branded…

3 days ago

Zoning alone won’t close U.S. housing shortage, experts say

United States, August 26, 2025 News Summary The United States faces an estimated shortfall of about 4.7 million housing units, driven…

3 days ago

Global Building Information Modeling Market Set to Rise to USD 15.42 Billion

Delray Beach, Fla., August 26, 2025 News Summary A new market forecast projects strong expansion in the Building Information Modeling (BIM)…

3 days ago

AI Cuts Costs and Time in Electrical Estimating

United States, August 26, 2025 News Summary The electrical contracting industry is rapidly adopting AI-powered estimating systems that scan plans, detect…

3 days ago

RXR Acquires 42‑Story Office Tower at 590 Madison Ave

Plaza District, Manhattan, New York, August 25, 2025 News Summary RXR, in partnership with Elliott Investment Management, purchased the 42‑story Class…

4 days ago

Derwood building conversion advances for new Dunkin restaurant

Derwood, August 25, 2025 News Summary Construction is progressing at 17700 Muncaster Road as a former childcare building is being repurposed…

4 days ago

Gulf facility management market grows as Yas Island data centre FM deal lands major contract

Abu Dhabi, UAE, August 25, 2025 News Summary The Gulf facility management sector is on a steady growth path, driven by…

4 days ago

Federal order halts Revolution Wind construction

Rhode Island (offshore), August 24, 2025 News Summary A federal offshore energy office issued an order requiring work on the Revolution…

5 days ago

Contra Costa Water District plans $1 billion canal replacement

Contra Costa County, California, August 24, 2025 News Summary The Contra Costa Water District is advancing a major canal replacement program…

5 days ago