A California-based company says its system of lightweight, interlocking concrete blocks could help address multiple challenges confronting the construction and real estate industries, from housing shortages to threats from hurricanes and wildfires.
The ongoing conflict in the Middle East has not stopped data center investments in the region, but experts say force majeure clauses have come under a magnifying glass at the negotiating table.
Real estate practitioners mostly downplayed the immediate impact that Wednesday's widely anticipated interest rate hike by the Federal Reserve will likely have on the industry, but they also noted the significant challenges that reinforced expectations for a "higher-for-longer" rate environment portends for financing and project advancement.