Construction, Real Estate & Infrastructure

San Francisco – September 26, 2026 -- Novogradac will convene investors, fund managers, developers and advisors at its 2026 Fall Opportunity Zones Conference on Oct. 29-30 at the Fairmont Washington D.C. Georgetown, as the U.S. Department of the Treasury prepares to finalize new OZ designations this fall.

One Big Beautiful Bill Act locks in permanent OZ incentive

The opportunity zones tax incentive has been made permanent under the One Big Beautiful Bill Act, giving market participants long-term planning certainty ahead of the next designation cycle. Novogradac's conference will open with an update on the latest policy and legislative developments affecting OZ investment structuring.

Stockholm – September 25, 2026 -- Skanska has divested the second phase of its H2Offices complex in Budapest, Hungary, for EUR 98 million, roughly SEK 1.1 billion, to the ERSTE Open-Ended Real Estate Investment Fund.

Skanska records EUR 98 million Budapest office sale in Q3 2026

The buyer is represented by ERSTE Alapkezelő Zrt., and Skanska Commercial Development Europe will book the transaction in the third quarter of 2026. Property transfer is scheduled for the fourth quarter of 2027.

Global tenant secures 22,000 square meters under a 10-year lease

The second phase offers approximately 22,000 square meters of leasable area, fully let to a global company under a 10-year agreement. The building is under construction and set for completion in the first quarter of 2027.

Raleigh, N.C. – September 25, 2026 -- Cardinal Infrastructure Group Inc. (Nasdaq: CDNL) has expanded its total credit facility commitments to $550 million after its subsidiary, Cardinal Civil Contracting, LLC, signed a second amendment to its senior secured credit agreement.

New $250 million delayed draw term loan targets acquisitions

The amendment adds a delayed draw term loan facility of up to $250 million, which the company can access in as many as five separate advances over 18 months through March 2028. Cardinal intends to use the proceeds to finance permitted acquisitions and related fees and expenses. The facility remained undrawn at the completion of syndication.

San Francisco – September 25, 2026 -- The U.S. Bankruptcy Court for the District of New Jersey approved HouseCanary's first-day motions, granting the property intelligence provider access to debtor-in-possession financing and clearing the way for uninterrupted operations during its Chapter 11 reorganization.

Court clears customer, employee and financing relief on first-day hearing

The approved motions cover continuation of customer programs, employee obligations and ordinary-course business operations, alongside debtor-in-possession financing to bolster liquidity. A further hearing is scheduled for October to consider additional debtor-in-possession financing for the company.

Easton, PA – September 25, 2026 -- A structured construction management workflow is reducing cost overruns and schedule delays on market-rate residential projects, according to a new HelloNation article featuring insights from Construction Management Expert Jovana Villanueva of Easton, PA.

Pre-construction planning cuts change orders before ground is broken

The article details how early cost modeling, material availability checks, and constructability reviews of architectural drawings identify design conflicts before construction starts. This upfront analysis is presented as the primary lever developers have to reduce change orders and keep projects aligned with financial targets from day one.

Leesburg, Va. – September 25, 2026 -- The American Wood Council (AWC) has published the 2027 edition of the Special Design Provisions for Wind and Seismic (ANSI/AWC SDPWS-2027), adding two new construction systems for engineers designing in high-hazard wind and seismic zones. The standard has been approved as an American National Standard by the American National Standards Institute (ANSI) and will be referenced in the 2027 I-Codes.

Five-year technical process yields ANSI approval after 13 balloting rounds

The 2027 SDPWS resulted from five years of technical development and two years of balloting under ANSI's consensus-based process, including 13 rounds of balloting and a full public review period. SDPWS is typically updated every six years to keep pace with new research and align with other design references.

Dallas – September 25, 2026 -- JLL's Capital Markets group has arranged $406 million in financing for Trammell Crow Center, a 1,226,825-square-foot trophy office tower in Dallas' Arts District, on behalf of owner Regent Properties, LLC.

Wells Fargo and Morgan Stanley fund a five-year fixed-rate loan for the 50-story tower

The single-asset single-borrower (SASB) loan was secured through Wells Fargo and Morgan Stanley. The JLL Capital Markets Debt Advisory team representing the borrower was led by Managing Director Greg Napper alongside Associates Jordan Buck and Rett Daugbjerg.

Trophy tower sits 92% leased to Goldman Sachs, Baker & Botts and Vinson & Elkins

Trammell Crow Center occupies a 2.2-acre site at the confluence of Dallas' most important districts. Tenants include Goldman Sachs, Baker & Botts LLP, Vinson & Elkins LLP, Orix and Prudential.

Austin, Texas – September 25, 2026 -- Buchanan Capital Partners (BCP), an Austin-based zero-fee commercial real estate investment firm, has acquired Churchill Tower, a 277,268-square-foot Class A office building in Dallas's Park Central submarket, marking its second major acquisition after the 2025 off-market purchase of Westbank Pointe in Austin.

Jacksonville Beach, Fla. – September 25, 2026 -- FaverGray has broken ground on a 415-unit market-rate multifamily community on the former site of Adventure Landing in Jacksonville Beach, marking the general contractor's second project with developer Trevato Development.

Development spans 10.7 acres with 410,509 square feet of new construction

The project will introduce a mix of one-, two- and three-bedroom rental units across two three-story residential buildings. Approximately 1,800 square feet of ground-floor commercial space will be included alongside the residential units.

St. Cloud, Minn. and Marietta, Ga. – September 25, 2026 -- GeoComm and SCENA have formed a partnership to deliver indoor mapping at scale for organizations managing large, distributed, or complex facility portfolios, combining public safety grade location intelligence with national reality-capture capacity.

SCENA adds national field capacity and multi-technology capture to GeoComm's mapping pipeline

SCENA brings LiDAR scanning, Matterport-based digital twins, 360-degree imagery, point clouds, drone capture, and as-built documentation to the partnership, expanding the range of capture approaches GeoComm can deploy across a project. GeoComm contributes public safety grade location intelligence expertise and GIS data quality standards required to prepare indoor data for mission-critical use.