Real Estate and Development
With the recent surge of housing starts from builders, the market is looking in a lot better shape and could be a just big enough foundation for consumers to jump on board. New residential housing starts for May 2023 gained…
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New residential housing starts in May 2023 and has experienced a large surge of 21.7 percent since the previous month, according to the U.S. Census Bureau and the Department of Housing and Urban Development. For seasonally adjusted annual rates, housing…
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Posted June 19, 2023. TranSystems Corp., the transportation consulting firm, announced its acquisition of Whitney Bailey Cox & Magnani, LLC (WBCM) on Monday. Headquartered in Baltimore, Md., WBCM has nine offices across the eastern United States. The acquisition will further…
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A report from S&P Global shows sectors of the economy are in danger of refinancing risks, especially in office spaces. Foreclosure on a CRE property is not often “the best course of action” when loan lenders look at restructuring debt,…
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Posted June 13, 2023 The Rock Island Bridge's central truss was raised by 3 feet, 4 inches last week, bringing the future entertainment district that much closer to completion. The $12 million project needed to meet the current 750-year standards…
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Posted June 13, 2023 The Olathe Planning Commission has approved Walmart’s preliminary proposal to build a beef packing and distribution plant, a $257 million project that it says will create nearly 675 jobs by 2027. The company plans to break…
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Missouri ranked middle of the pack, but Kansas fare considerably worse, in an analysis of costs for starting a business, according to a new report by Simplifyllc.com. The analysis explored factors like corporate income tax rate, labor participation rate, energy…
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The Kansas City Council last week voted—belatedly—to amend its contract with Facebook parent Meta by restoring goals for including minority- and women-owned businesses in the multi-billion-dollar Northland project. Still, it was too little, too late, says Joe Mabin, vice president…
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The spring housing season will continue to be plagued by rising prices as shown by the new report from S&P CoreLogic Case-Shiller Index. The report, released Tuesday, showed on a national level home prices in March were 0.7 percent higher…
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Q. The retail tailspin was pretty advanced well before the pandemic, which added to the challenges there. Do you get a sense that things are leveling off? A. I do think they have stabilized a bit, and we’re seeing that…
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