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.
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.
Certain practices to reduce your tax burden may not be as straightforward for real estate professionals. Listen as Jennifer French discusses in this podcast.
One year after the Inflation Reduction Act passed, there is evidence of an increase in construction investments, job creation in certain sectors, and investments in future clean energy projects.
The DOL's overhaul of the Davis-Bacon Act in October 2023 brings substantial changes to federal construction contractors. These revisions include prevailing wage adjustments, increased contractor liabilities, and apprenticeship mandates.
Federal interest rates have increased 11 times since March 2022, continuing to add difficulty and complexity for construction and real estate. Proactive cash flow planning can help businesses manage risk in an uncertain market.
During Cybersecurity Awareness Month, construction contractors are reminded of the proactive steps they can take to mitigate digital risk from ransomware and other cyberattacks.
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