S3 Capital funds $255M loan for 615 River Road waterfront tower in Edgewater
Edgewater, New Jersey, October 3, 2025 News Summary S3 Capital provided a $255 million construction loan to finance the first phase of a planned $1 billion mixed-use waterfront development at 615 River Road in Edgewater, New Jersey. The initial phase will deliver a 25-story luxury rental tower with 381 apartments, ground-floor retail and parking for more […]
Oregon Tech Launches Construction Management Degree and Mass-Timber Residence Hall
Klamath Falls, Oregon, October 3, 2025 News Summary Oregon Tech announced two coordinated campus investments: a new Bachelor of Science in construction management beginning in the fall term and a $35-million, four-story mass-timber residence hall for 517 students. The degree emphasizes applied, hands-on learning with specialization tracks in heavy (horizontal) and general (vertical) construction, courses in […]
Federal pause snarls Gateway tunnel funding and pressures NYC construction
New York City, October 3, 2025 News Summary Federal officials have paused disbursements tied to the $16 billion Gateway tunnel amid budget disputes and an administrative review of DEI-related spending, leaving billions held and threatening schedules and thousands of construction jobs. Work continues in the short term but mounting uncertainty could delay the Hudson River rail […]
KeyBank finances 75‑unit affordable and supportive housing in Compton
, October 2, 2025 News Summary KeyBank Community Development Lending and Investment is providing a $25.9 million construction loan for a new three‑story, 75‑unit affordable housing building at 1434 W. Compton Blvd. The development will split units between permanent supportive housing and general affordable apartments, all restricted at or below 50% of area median income. On‑site […]
City of Victoria Issues Building Permits
Victoria, October 2, 2025 News Summary The City of Victoria issued 29 building permits this week, reflecting ongoing development in the area. The total value of permits reached $2,620, with various projects from residential to commercial alterations. Notable permits included a new commercial alteration at 607 Fillmore Ave and 14 residential permits for additions and repairs […]
Washington State Sees Sharp Decline in Residential Construction Permits
Washington State, October 2, 2025 News Summary Washington state has reported a significant drop in residential construction permits, returning to levels not seen since 2013. About 33,000 permits were issued last year, contrasting with previous peaks before the pandemic. Industry leaders are concerned about various factors such as policy changes, rising costs, and lengthy permit timelines […]
Ferrovial Secures Major Water Infrastructure Contracts in Texas
News Summary Ferrovial has successfully obtained contracts worth approximately 720 million dollars for the construction of two significant water facilities in Texas. This initiative, through its subsidiary Webber, addresses the growing water needs of Austin and Fort Worth. In Austin, a 105-feet deep pump station will manage stormwater effectively. Concurrently, the Eagle Mountain Water Treatment […]
Austin City Approves Significant Funding for Affordable Housing Developments
News Summary The City of Austin has allocated over $46.1 million for eight new affordable housing developments aimed at supporting low- and moderate-income residents. This funding was approved by the Austin Housing Finance Corporation Board during several meetings in 2025. Although the budget is about $4 million lower than last year’s allocation, it will assist […]
Bloomberg Research Analyzes ESG Score Variants and Portfolio Performance
New York, October 2, 2025 News Summary Bloomberg’s analysis dives into the impact of ESG score variants on investment portfolios, contrasting ESG Zero-Centered Scores (ZCS) and Peer Group Percentiles. The findings suggest that ZCS provides superior stability and insights into performance compared to Percentiles. The study highlights that portfolios utilizing ZCS achieved an annualized return of […]
Delays Impact Major TxDOT Projects in Brazos County
News Summary Significant delays have affected key TxDOT construction projects in Brazos County, pushing back their timelines into 2027 and 2028. The Wellborn Road and George Bush Drive interchange project has been postponed to July 2027 due to unresolved negotiations with Union Pacific Railroad. Similarly, improvements to Texas Avenue in Bryan are now set for […]