Construction, Real Estate & Infrastructure

No Stalking Horse Bidder for Cleveland's 925 Euclid Ave; Bids Due Oct. 24

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No Stalking Horse Bidder for Cleveland's 925 Euclid Ave; Bids Due Oct. 24

Cleveland – September 22, 2026 -- Inglewood Associates and Gordon Brothers confirmed that the court-appointed Receiver overseeing the sale of 925 Euclid Avenue in Cleveland has not selected a stalking horse bidder, despite months of marketing the 1.45 million-square-foot historic tower.

Bidders opt for open auction over stalking horse role
Numerous prospective purchasers who engaged in detailed discussions with the Receiver and his advisors indicated a preference for participating in a subsequent competitive auction rather than committing as a stalking horse bidder for the property, according to the joint announcement.

Upside Innovations Launches Field-Adjustable Aluminum Guardrail System

West Chester, Ohio – September 22, 2026 -- Upside Innovations, a SixAxis company, has launched FlowRail, a patent-pending prefabricated aluminum guardrail system that adjusts continuously in the field across slopes, curves, corners and grade changes without custom fabrication or on-site welding.

Adjustable base spans 0 to 20 degrees for any ramp or platform

FlowRail's continuously adjustable base moves from 0° to 20°, keeping posts plumb on ramps, walkways or platforms. Pivoting connections follow curves, corners and switchbacks without splice castings or custom fittings, allowing a single product line to cover an entire installation run.

Cosign Launches in Phoenix as Apartment Vacancy Hits 10.8%

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Cosign Launches in Phoenix as Apartment Vacancy Hits 10.8%

Phoenix – September 22, 2026 -- Cosign, a third-party guarantor platform and cosigner alternative, has launched in the Phoenix-Mesa-Chandler metro area as apartment vacancy in the region holds near a post-Great Recession high of 10.8%, according to CoStar data cited by the company.

Vacancy remains elevated despite pullback from 12.6% peak

Maricopa County and the broader Phoenix-Mesa-Chandler MSA rank among the nation's top 10 highest-vacancy markets, alongside Sun Belt peers Austin, Charlotte and San Antonio. Asking rents in the metro fell 1.2% over the past year, and operators are increasingly turning to concessions, with 10 or more weeks of free rent now common at newly built communities.

Nuveen Green Capital Closes $23.2M First-Ever C-PACE Deal in New Hampshire

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Nuveen Green Capital Closes $23.2M First-Ever C-PACE Deal in New Hampshire

Lebanon, New Hampshire – September 22, 2026 -- Nuveen Green Capital (NGC) has closed $23.2 million in Commercial Property Assessed Clean Energy (C-PACE) financing for The Brickyard development in Lebanon, New Hampshire, marking the first C-PACE transaction ever completed in the state.

Financing package totals $55 million across three capital partners

The C-PACE assessment closed alongside a $31.5 million senior construction loan from Silver Heights Capital, bringing the total financing package to $55 million. Kay Finance arranged the debt structure, with Eitan Rozenberg leading the process on behalf of the developer.

Silverback Capital Offers 7.99% APR Fix-and-Flip Loans in California

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Silverback Capital Offers 7.99% APR Fix-and-Flip Loans in California

Folsom, Calif. – September 21, 2026 -- Silverback Capital Inc. has launched a Second-Look Fix-and-Flip Pricing Program offering qualified California investors a 7.99% APR with a 12-month term through October 31, 2026.

Program targets investors comparing existing lender term sheets

The limited-time offer applies exclusively to business-purpose, non-owner-occupied fix-and-flip transactions in California. Investors can submit an existing term sheet to Silverback Capital for a confidential, like-for-like review covering interest rate, lender points, fees, initial loan proceeds, rehabilitation holdback, leverage and total estimated financing cost.

Eastern Idaho Builders Face Multiple Permits Beyond Standard Building Approval

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Eastern Idaho Builders Face Multiple Permits Beyond Standard Building Approval

Idaho Falls – September 21, 2026 -- Construction projects in Eastern Idaho frequently require a stack of approvals beyond the standard building permit, including well permits, septic system reviews, driveway access clearances, utility connection permits, and floodplain reviews, according to insights from Ren Ferguson of Copper Creek Homes published by HelloNation.

Rural properties depend on private well and septic approvals instead of municipal utilities

Many properties across Eastern Idaho rely on private water and wastewater systems rather than city infrastructure. A well permit confirms proper placement and water quality, while septic system approval requires soil evaluations and detailed site plans reviewed by local health districts before foundation work can proceed.

Legend Robot Shows CE-Certified Painting Robot Hitting 237 m2/h at BATIMAT

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Legend Robot Shows CE-Certified Painting Robot Hitting 237 m2/h at BATIMAT

Paris – September 21, 2026 -- Legend Robot previewed its CE-compliant autonomous latex paint and putty spraying robot at BATIMAT 2026, citing a field-validated peak output of 237 square meters per hour during a hotel renovation in Athens, Greece. The system, developed with European partner ROBOSWISS AG, is positioned to address skilled labor shortages across European construction markets while meeting EU CE safety standards.

Athens hotel project validates 237 m2/h spraying speed across 19 room layouts

During a brownfield renovation for Gnosis Investments Group in Athens, Legend Robot's continuous spraying fleet executed 2-coat and 3-coat latex wall finishing across 19 distinct room layouts, compensating for manual substrate imperfections. The robots operated on direct electrical stabilization throughout the project, combining CE safety compliance with a material waste reduction of up to 15%, according to the company.

RockSol's Nicola Upright Honored for 41-Year Road Infrastructure Career

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RockSol's Nicola Upright Honored for 41-Year Road Infrastructure Career

Fort Collins, Colo. – September 21, 2026 -- The Inner Circle has named Nicola Upright, Construction Manager at RockSol Consulting Group, Inc., a Pinnacle Professional Member Inner Circle of Excellence for her 41-year career in heavy civil road construction and transportation infrastructure across Colorado.

Career spans state testing roles to multimillion-dollar project management

Upright started with the Colorado Department of Transportation as a tester and inspector before advancing to project manager positions overseeing large-scale roadway and bridge reconstruction work. Her responsibilities have included project budgeting, materials testing coordination, team supervision and contractor-agency collaboration.

96% of US Mayors Cite Housing Costs as Core Affordability Crisis Driver

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96% of US Mayors Cite Housing Costs as Core Affordability Crisis Driver

Washington – September 20, 2026 -- Ninety-six percent of surveyed U.S. mayors say their residents are very or extremely concerned about the affordability crisis, according to a National Affordability Survey released by the U.S. Conference of Mayors (USCM). The survey, described as the most comprehensive affordability study ever produced by the Conference, polled 113 mayors across 39 states and Puerto Rico, representing roughly 34.1 million Americans.

Housing costs top the list of concerns, mayors report

Ninety-six percent of respondents identified untenable housing costs as the primary driver of the affordability crisis. Nearly 93% reported a rising cost of living in their cities over the past year, with 39% saying conditions have significantly worsened. Groceries, utilities, childcare, transportation and healthcare costs were also cited as contributing pressures.

Underfloor Heating Market to Hit $9.26B by 2032, Says MarketsandMarkets

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Underfloor Heating Market to Hit $9.26B by 2032, Says MarketsandMarkets

Delray Beach, Fla. – September 20, 2026 -- The global underfloor heating market will grow from USD 6.13 billion in 2026 to USD 9.26 billion by 2032, a 7.1% compound annual growth rate, according to MarketsandMarkets.

Building decarbonization mandates push operators toward low-temperature radiant systems

Building operators and homeowners are replacing convective radiators and forced-air heating with hydronic heat pump integrations, low-profile dry retrofit panels, and IoT-enabled multi-zone thermostats as thermal efficiency requirements tighten. Demand is expanding across zero-emission housing, smart home climate automation, commercial office retrofits, and healthcare facilities.