This year alone, payment delays in the construction industry have added an estimated $280 billion to costs, forcing many companies to rely on personal savings, credit cards, or retirement funds to keep operations running. Implementing an effective accounts receivable (AR) strategy can help construction businesses improve collections, stabilize cash flow, and reduce the financial strain caused by delayed payments.
Learn effective strategies needed to mitigate your financial and IT risks to address the sophisticated ransomware and social engineering attacks facing businesses today.
FinCEN has issued a final rule, effective December 1, 2025, requiring certain real estate professionals to report non-financed residential property transactions involving legal entities or trusts to combat money laundering. The rule targets high-risk transactions used by illicit actors to obscure identities and launder money through the U.S. housing market.
AI is reshaping the real estate industry, offering unprecedented efficiency and precision. However, while AI brings significant opportunities, it also introduces challenges that must be carefully managed.
AI offers incredible opportunities for the construction industry, but it also brings challenges that require careful management. By thoroughly evaluating the risks and rewards, construction companies can unlock AI’s full potential, driving unprecedented innovation and growth in their projects.
AI is revolutionizing real estate by enhancing property management, market analysis, and transactions. Predictive maintenance and smart building technologies optimize operations, while automated contract management and fraud detection streamline transactions. Despite challenges, AI's potential to add up to $180 billion in value makes it essential for future growth and innovation.
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.
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