Construction, Real Estate & Infrastructure

Ferrovial Consortium Wins $8.9B I-285 East Express Lanes Deal

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Ferrovial Consortium Wins $8.9B I-285 East Express Lanes Deal

Amsterdam – October 16, 2026 -- A Ferrovial-led consortium, Top End Mobility Group, has been selected to deliver the I-285 East Express Lanes project in Greater Atlanta, Georgia, with an expected construction value of $8.9 billion.

The public-private partnership is led by the Georgia Department of Transportation (GDOT) and the State Road and Tollway Authority.

GDOT hands Phase 1 to a consortium including Tikehau Star Infra

GDOT selected the consortium, which includes Tikehau Star Infra, to finance, design, build, operate and maintain Phase 1 under a long-term agreement. Phase 1 covers approximately 21 miles of new express lanes. It also includes key connections among I-285, I-85 and SR 400.

Model/Z Closes $32M NMTC Deal to Finance Factory-Built Housing

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Model/Z Closes $32M NMTC Deal to Finance Factory-Built Housing

Los Angeles – October 16, 2026 -- Model/Z, a Los Angeles volumetric modular manufacturer, has closed a $32 million New Markets Tax Credit (NMTC) transaction to finance production of modular units for affordable and workforce housing developments.

Financing targets the gap on modules still inside the factory

Traditional construction financing was built around structures erected directly on real estate. Many lenders are therefore reluctant or unable to advance funds for modules that are still in a factory. That forces developers or manufacturers to carry millions of dollars in production costs themselves, which delays projects and erodes the efficiencies of modular construction.

The NMTC deal gives Model/Z a working capital line to start manufacturing modules ahead of a project's on-site construction schedule. Factory output can then run in parallel with foundation and utility work, and the company can keep production steadier.

Crane Market Set to Reach USD 43.78B by 2031 on Infrastructure Boom

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Crane Market Set to Reach USD 43.78B by 2031 on Infrastructure Boom

Hyderabad – October 15, 2026 -- The global crane market will grow from USD 35.82 billion in 2026 to USD 43.78 billion by 2031, a gain of USD 7.96 billion at a 4.10% CAGR, according to a new Mordor Intelligence report.

Public infrastructure and renewables drive lifting demand

Government-funded transport projects, industrial development and private construction are creating opportunities for equipment manufacturers and rental providers. Data centers and energy systems are also on the list of infrastructure categories requiring heavy lifting equipment. Growing use of modular construction raises demand for cranes that deliver precise lifting and placement.

Egis Names Parsons Veteran Jon Moretta CEO of U.S. Operations

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Egis Names Parsons Veteran Jon Moretta CEO of U.S. Operations

Chicago – October 15, 2026 -- Egis has appointed Jon Moretta, a 35-year industry executive from Parsons Corporation, as Chief Executive Officer of its U.S. business, tasking him with leading the platform's growth across infrastructure, engineering and industrial markets.

Moretta will focus on strengthening client relationships and expanding capabilities. He is also charged with combining Egis' local expertise with its global resources to deliver what the company describes as innovative, sustainable solutions.

Moretta arrives from Parsons with full P&L experience across federal and industrial markets

Moretta joins from Parsons Corporation, where he held increasingly senior leadership roles. His responsibilities there covered strategy, growth, operations and full P&L performance across federal, critical infrastructure and industrial markets.

GETO Brings Formwork and Modular Housing to 140th Canton Fair

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GETO Brings Formwork and Modular Housing to 140th Canton Fair

Guangzhou – October 15, 2026 -- GETO will exhibit green building formwork, scaffolding, prefabricated construction and modular housing across two booths at Phase 2 of the 140th Canton Fair, running October 23 to 27 in Guangzhou.

GETO splits its Canton Fair presence between formwork and modular housing booths

The formwork and scaffolding booth is located in Hall 13.1, F05-07 and E41-42. The modular housing booth is in Hall 12.0, B03.

Aluminium and steel tunnel formwork samples anchor the physical display

GETO will show an aluminium formwork sample house built to demonstrate modular design and efficient installation. A steel tunnel formwork structure casts walls and slabs simultaneously and targets beamless shear-wall villas and apartments. The company will also present standardized, reusable aluminium column formwork.

Community Healthcare Trust to Report Q3 Results on Nov. 3

Franklin, Tenn. – October 15, 2026 -- Community Healthcare Trust Incorporated (NYSE: CHCT) will report third-quarter 2026 results after the market closes on Tuesday, October 15, 2026, giving investors a fresh look at a portfolio of about $1.2 billion in outpatient healthcare real estate.

CHCT schedules earnings call for 9:00 a.m. Central on November 4

Management will hold a conference call on October 15, 2026, at 9:00 a.m. Central Time. The agenda covers earnings results, quarterly activities, general operations and industry trends. A simultaneous webcast will run through the Investor Relations section of the company's website, and a replay will be available afterward.

Dial-in access is available domestically, internationally and through a separate Canada toll-free line. A separate set of replay numbers is also provided.

Third Lake Development Hires Telchin to Lead Multifamily Platform

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Third Lake Development Hires Telchin to Lead Multifamily Platform

Tampa – October 15, 2026 -- Third Lake Development has appointed Jamie Telchin, a developer who has led projects representing about $3 billion in total capitalization, as President of Multifamily to drive growth of its Sun Belt apartment platform.

Telchin brings 25 years of development experience across multiple asset classes

Telchin has more than 25 years of real estate development experience. His portfolio spans the development and redevelopment of multifamily, luxury residential, hospitality, medical and mixed-use projects.

Before joining Third Lake, he held senior leadership positions at several real estate organizations. His most recent roles were in multifamily development leadership, focused on expanding multifamily platforms across the Sun Belt.

Trenchless Drilling Cuts Albany Utility Project Restoration Costs

Albany – October 15, 2026 -- Trenchless drilling can cost more upfront than traditional excavation, but savings often follow from reduced labor, shorter timelines and less restoration work, according to a HelloNation article featuring David Allegretta of JAT Construction in Albany, N.Y.

Open trenches disrupt roads, sidewalks and nearby infrastructure

Traditional excavation relies on open trenches to reach pipes and cables. The article says the method works but can delay active projects and add costs. It remains suitable for simpler jobs or sites with fewer surface constraints, where it can be cost-effective.

Redland, City Engineering Partner on South Florida Sitework

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Redland, City Engineering Partner on South Florida Sitework

Homestead – October 15, 2026 -- The Redland Company and City Engineering Contractors (CEC) have formed a strategic partnership that combines more than 330 employees and company-owned heavy equipment to offer sitework and utility services across South Florida.

Partnership covers projects from 100-acre industrial sites to high-rise footprints

The alliance gives developers and general contractors a single source for mass earthwork and high-density urban site utilities. The firms say they can now handle projects ranging from 100-acre industrial sites to tight high-rise footprints in metropolitan centers.

Both companies keep their names, leadership teams and field staff, a structure intended to maintain continuity for existing clients.

CLERHP Targets $162M Net Income in 2026–28 Plan, Dividends from 2027

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CLERHP Targets $162M Net Income in 2026–28 Plan, Dividends from 2027

Punta Cana – October 15, 2026 -- CLERHP, the Spanish engineering and real estate group listed on BME Growth, projects $784 million in revenue, $252 million in EBITDA and $162 million in net income over 2026–28 under a new business plan, and will start paying dividends in 2027.

The Board of Directors approved the plan on September 30. It formalizes CLERHP's shift from an engineering-focused company into a vertically integrated group spanning the real estate value chain. The Dominican Republic becomes the group's primary strategic market.

Larimar City sales reach $400 million, about half of three-year revenue target

The Larimar City & Resort development in Punta Cana has booked $400 million in sales, roughly 50% of projected 2026–28 revenue. The project is designed as a destination city combining housing, infrastructure, commercial space, leisure and services.