FieldAI Raises $405M, Reaches $2B Valuation to Scale Mapless Robot Autonomy
Undisclosed, August 21, 2025 News Summary FieldAI announced $405 million raised across two rounds, including a $315 million tranche, driving its valuation to about $2 billion. The company develops Field Foundation Models (FFMs) that enable robots to operate without maps, GPS, or pre-defined travel paths, cutting deployment time and cost. FFMs are hardware-agnostic and run on […]
RBI Private Lending Corrects Release, Clarifies Top Construction Lender Ranking
Florida, August 20, 2025 News Summary RBI Private Lending issued a correction clarifying its placement in a national private lending ranking: third in construction lending, eighth in fix-and-flip lending, and thirteenth overall. The amendment fixed a sentence that had previously swapped two category placements and did not affect other release content. Separately, an analytics provider ranked […]
Construction Underway for 14 For‑Sale Townhomes in South Lake Tahoe
, August 20, 2025 News Summary Construction has started on a 14‑unit for‑sale townhome development at 3708 Lake Tahoe Blvd. and 3709 Osgood Ave. in South Lake Tahoe after securing an approximately $11.7 million, 18‑month construction loan arranged by a commercial mortgage banking firm. The project occupies two parcels totaling 0.72 acres and fronts Lake Tahoe […]
Construction training, home expo and rail expansion reshape jobs and travel
Roanoke, Virginia, August 20, 2025 News Summary A Roanoke-area construction training institute is moving residents from part-time or unrelated work into steady trades jobs through classroom instruction, hands-on apprenticeships and nationally recognized credentials. The region’s long-running spring home show will return to raise scholarship funds for trade students through ticket sales and a silent auction. Meanwhile, […]
Assignar raises $20M to accelerate North America growth and add AI features
Denver, Colorado, August 20, 2025 News Summary Assignar, a cloud-based construction operations platform, secured a $20 million Series B to accelerate North American expansion, double headcount and develop AI/ML-driven features. The funding will support hiring across product, engineering, sales and customer success, boost research and development, and deliver new capabilities including a contractor hub and a […]
PMG Secures $107.5M Loan for Waldorf Astoria Residences in Cherry Creek
Cherry Creek North, Denver, Colorado, August 19, 2025 News Summary A national developer closed a $107.5 million construction loan from Maxim Capital Group to build 37 branded luxury residences in Cherry Creek North under the Waldorf Astoria banner — the first in Colorado. The boutique building will feature high-end finishes, mountain and downtown views, semi-private elevators […]
Digital twin-enabled system for relocatable modular buildings
Hanyang University ERICA, South Korea, August 19, 2025 News Summary The researchers at Hanyang University ERICA’s School of Architecture & Architectural Engineering developed a digital twin-enabled facility management system (DT-FMS) for relocatable modular buildings (RMBs). The DT-FMS integrates BIM, IoT and GIS to create a live digital replica that supports real-time monitoring, logistics simulation, lifecycle performance […]
Canada at a housing crossroads: productivity, modular wins and a new spaceport
Canada, August 19, 2025 News Summary Canada’s housing sector is at a pivot point as affordability pressures persist despite modest productivity gains and faster modular build times. Builders report improved outcomes from AI, BIM and digital twins while offsite methods cut completion times and costs. At the same time, purpose-built rental development is cooling as institutional […]
Wilton Center Lofts Approved with 50% Affordable Units
Wilton, Connecticut, August 18, 2025 News Summary Wilton Center Lofts, a four-story apartment project at 12 Godfrey Place in Wilton, Connecticut, received approval as a 40-unit building with 50% of units designated below-market-rate. The approval followed a contentious planning commission review that raised concerns about limited on-site parking, loading zone layouts and emergency access, but legal […]
First National Bank Alaska Shares Climb Above 50‑Day Average, Reach 52‑Week High
Anchorage, Alaska, August 18, 2025 News Summary First National Bank Alaska shares moved above their fifty‑day moving average and hit a new 52‑week high after strong second‑quarter results and a recent cash dividend. The stock rose from earlier intraday highs to a peak while trading volumes remained low, highlighting potential volatility despite technical momentum. The bank […]