Enterprise Zones (EZs) are a key economic development tool, offering tax and monetary incentives to businesses investing in distressed areas. These benefits typically include tax credits, property tax abatements, and sales tax exemptions, which lower the cost of doing business within the zone. Learn more about the state participation, potential benefits, and eligibility requirements.
Artificial Intelligence (AI) is revolutionizing construction by using real-time data and predictive analytics to optimize resources, forecast trends, and prevent setbacks. This technology modernizes project management, quality control, and design processes, giving firms a competitive edge while driving innovation and efficiency.
The National Association of Realtors (NAR) has settled a major antitrust lawsuit, initiating reforms in real estate transaction practices. This change aims to increase transparency and competitiveness in the market, potentially lowering transaction costs and impacting how properties are bought and sold across the U.S.
Discover 5 questions that organizations can use to focus the journey of optimizing critical processes to drive growth, minimize costs, and enhance employee and customer satisfaction.
With a market value of $1.8 trillion, the U.S. construction industry leverages strong investments in infrastructure and manufacturing to overcome inflation and labor shortages. The sector’s growth is fueled by embracing innovative technologies and sustainable practices.
Discover why the construction sector is particularly vulnerable to cybersecurity threats, the financial and operational impacts these threats can have, and pragmatic steps that business owners and key stakeholders can take to mitigate these risks.
The real estate industry is evolving due to shifts in remote work, economic pressures, and technological advancements. As demand grows for adaptable living spaces and sustainable practices, the sector faces challenges like high interest rates and labor shortages, prompting strategic innovations for future growth.
Certain practices to reduce your tax burden may not be as straightforward for real estate professionals. Listen as Jennifer French discusses in this podcast.
When applying for licensure as a North Carolina general contractor, understand the requirements of the North Carolina Licensing Board for General Contractors (the Board), what questions arise at the mention of an audit or agreed-upon-procedure (AUP).
The commercial real estate sector is facing a $1.5 trillion debt bubble, posing significant challenges with most debt maturing by the end of 2025. This scenario necessitates strategic and informed responses from stakeholders to mitigate risks and leverage opportunities for adaptation and growth within the industry.
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