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Recent Articles

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Wisconsin's ABC Supply acquires assets of British Columbia-based All Canadian Building Products, marking ABC's eight location in British Columbia and its second in Surrey; All Canadian specializes in distribution of residential, commercial roofing items

S&P Global downgrades outlooks on five regional US banks to negative from stable due to their commercial real estate exposures; downgraded banks are First Commonwealth Financial, M&T Bank, Synovus Financial, Trustmark and Valley National Bancorp

US construction employment in February increased in 39 states, declined in 11 states and DC; Texas added the most jobs over the year, while New York saw the largest decline: AGC of America

Fitch: Plunge in US office values could exceed 2008's real estate fallout, as prices have yet to bottom; remote work and higher interest rates could permanently diminish property valuations, spark higher losses on commercial mortgage-backed securities

Eastern Hemlock from northeast US now available for commercial CLT buildings, bringing the species to market for the first time; Eastern Hemlock CLT Certification and Demonstration Project, University of Massachusetts conducted initial demonstration work

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