Whether you’re considering selling your construction company internally or to an outside buyer, the best strategies involve planning your eventual transition several years in advance. Somewhere between three and seven years in advance is good timing, time enough to identify issues and implement solutions.
The NHP Foundation, a national not-for-profit provider of affordable housing, announced Jan. 19 that it has finalized the lease of land from Magnificat Houses Inc. in order to build 149 housing units for those experiencing homelessness in Houston. The new apartments at 3300 Caroline will be known as RoseMary’s Place.
The top economist in the cement, concrete and construction industries predicts a stronger U.S. economy during the first half of this year than was previously expected but believes there will likely be a slowdown in economic growth starting this summer.
Ascendant Development, a luxury apartment and student housing investor, developer and general contractor, announced that it has broken ground on its latest project, Haven at Treeline, a 231-unit, luxury garden-style community located at 17748 N Eldridge Pkwy in Tomball, Texas.
Dyer Brown & Associates has announced the completion of a reimagined setting for building the cities of tomorrow: the Civil and Environmental Engineering Innovation Studio at Northeastern University.
Ware Malcomb announced Jan. 12 that Yamini Mudaliar has been promoted to Studio Manager of Architecture in the firm’s Atlanta office. In the role, Mudaliar will help lead the growth and management of the Atlanta Architecture Studio and manage select projects.
ABC Supply Co., Inc. has entered into a definitive agreement to acquire the standalone wallboard divisions of U.S. LBM: Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply.