Posted on 11/30/2016 7:40 AM By Joanna Masterson
As the industry enters a more mature phase of its expansion, the 2017 Dodge Construction Outlook forecasts total U.S. construction starts will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in2016.
Posted on 11/30/2016 6:18 AM By Bernard Markstein
The first half of 2016 was disappointingly slow, but signs of improvement for the second half have appeared. Employment continues to grow at a slow, but steady, pace. The overall outlook is for continued, albeit slow, expansion in the economy and the construction industry.
Posted on 4/25/2016 9:29 AM By Joanna Masterson
Senior housing occupancy is at its highest level since 2007, and 2015 was a record year for sales and institutional transactions, according to the recent CBRE Senior Housing Investor Survey & Market Outlook. The survey of U.S. senior housing investors, developers and brokers revealed 48 percent of respondents expect no change in cap rates during the next 12-month period, while 31 percent expect an increase in cap rates.