Michigan’s Transformational Brownfield Program Faces Funding Challenges
Michigan, October 9, 2025 News Summary Michigan’s Transformational Brownfield Program is encountering significant funding issues, impacting high-stakes development projects. While state leadership discusses new tools for job creation, the program’s funding cap is nearly exhausted, limiting future developments. Recent conversations regarding job-creation tax breaks provide some optimism, but concerns remain about the program’s future. Key projects […]
Construction Firms Gaining Major Tax Relief Under New Act
USA, October 9, 2025 News Summary The One Big Beautiful Bill Act (OBBBA) proposes significant tax relief for construction firms, introducing permanent bonus depreciation and higher Section 179 limits. These changes aim to alleviate labor shortages and rising costs by enabling immediate deductions for equipment and research expenditures. As the construction industry faces critical hiring challenges, […]
Cherry Bekaert to Acquire Herbein + Company, Expanding in Pennsylvania
Reading, Pennsylvania, October 9, 2025 News Summary Cherry Bekaert, a Raleigh-based accounting firm, is set to acquire Herbein + Company, a leading CPA advisory firm located in Reading, Pennsylvania. This acquisition, expected to close in late October, marks Cherry Bekaert’s first expansion into Pennsylvania and will enhance its operations throughout the northeastern and mid-Atlantic regions. With […]
Brown County Executive Proposes Record Low Property Tax Rate
Brown County, October 2, 2025 News Summary Brown County Executive Troy Streckenbach has proposed a budget that features the lowest recorded property tax rate in Brown County history. The budget aims to help property owners by reducing the tax rate from $2.80 to $2.66 while also allocating funds for major infrastructure projects. The proposal includes significant […]
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 […]
Competition in Cloud Computing Drives Data Center Growth
New Mexico, September 25, 2025 News Summary Intense competition among hyperscalers in the cloud computing and AI markets is fueling rapid data center growth. Developers are innovating financing solutions to enhance their infrastructure, with big projects requiring massive power capacities and substantial investments. Recent developments include a $165 billion AI data center in New Mexico and […]
CrewCost Introduces AI-Powered Accounts Payable Automation
Austin, TX, September 25, 2025 News Summary CrewCost has launched an innovative AI-powered accounts payable automation tool tailored for the construction industry. This feature, integrated into its existing accounting platform, aims to improve financial operations for general contractors. By automating tedious manual tasks related to billing and approvals, the software enhances visibility and efficiency, ultimately easing […]
Self-Storage Market Experiences Mixed Trends in Rates and Construction Activity
Phoenix, September 25, 2025 News Summary The self-storage market shows mixed trends in rates and construction activity. Advertised street rates have risen slightly year-over-year, while construction continues across 3,004 properties. Despite some regional successes in rate increases, many areas are experiencing a decline in rent growth. Key cities such as Phoenix and Tampa are leading in […]
Bloomington Convention Center Expansion Making Progress
Bloomington, September 18, 2025 News Summary The Bloomington Convention Center expansion is advancing as demolition and foundation work are underway. Key updates include the imminent first concrete pour and a recently approved funding resolution. The project aims to increase capacity with modern meeting space and a new hotel, enhancing local economic impact. The groundbreaking ceremony is […]
Construction Begins for the Chalet Alpina Project at Aspen Mountain
Aspen, September 18, 2025 News Summary Construction has officially commenced on the Chalet Alpina project near Lift One in Aspen. Approved by local voters in 2019, the development aims to balance modern amenities with the preservation of historical character. Led by Irongate Group, it will feature timeshares, residences, restaurants, and an Aman destination hotel. The project […]