1. Apple is building a 192-room hotel on its billion-dollar Austin Campus (BD+C)
"The hotel will give Apple more control over all aspects of where visitors to the Austin campus will stay."
2. Is CLT really a green solution? (BD+C)
"CLT is intended to replace concrete and steel whose production accounts for about 13% of global carbon dioxide emissions. Wood in CLT panels pulled CO2 from the atmosphere, and that carbon should remain locked up as long as the building stands."
3. Will Remote Working Spell the Demise of the Office Sector? (National Real Estate Investor)
"While some tech and banking firms are considering major shifts to permanent work-from-home policies, offices will still be around."
4. Biggest U.S. Mall Is Two Months Delinquent on $1.4 Billion Loan (Bloomberg, National Real Estate Investor)
"The Mall of America missed two months of payments on a $1.4 billion CMBS loan."
5. Mechanics liens up 40% as COVID-19 pandemic disrupts industry (Construction Dive)
"U.S. mechanics lien filings have risen significantly since the COVID-19 pandemic shut down all but the most essential projects in many states, according to notice and lien service provider Levelset. The number of liens filed through March 2020 jumped 40% since January."
6. ULI Forecasts Strong CRE Growth to Return in 2022 (Commercial Property Executive)
"Despite numerous uncertainties, economic and real estate recovery should begin in the second half of 2020, followed by stronger growth in 2021 and significant growth in 2022, according to the Urban Land Institute’s semi-annual Real Estate Economic Forecast. The three-year 'consensus' forecast measures 27 economic and real estate factors and represents the average of forecasts from 39 economists/analysts at 35 real estate organizations. The 17th semi-annual forecast was based on responses collected from May 1 to May 18."
![](https://www.bdcnetwork.com/sites/default/files/imce/2020-04/BDC_Daily5_700x300_v1.png)
Related Stories
Market Data | Jun 23, 2020
7 must reads for the AEC industry today: June 23, 2020
Gyms are going bacnkrupt and leaving gaps in shopping centers and how hotels are trying to keep guests and employees safe.
Market Data | Jun 22, 2020
New House infrastructure package will provide needed investments in aging infrastructure, support economic recovery, and create jobs
The Moving Forward Act’s proposed $1.5 trillion in new investments will improve range of public infrastructure, creating needed demand for construction while making the economy more efficient.
Market Data | Jun 22, 2020
7 must reads for the AEC industry today: June 22, 2020
Construction employment rises from April to May in 45 states and the first building in the U.S. designed for post COVID-19 environment.
Market Data | Jun 22, 2020
Construction employment rises from April to May in 45 states, slips in 5
Rebound from April job losses reflects one-shot help from paycheck protection program loans and easing of stay-at-home orders, but cancellations and state and local deficits imply further cuts ahead.
Market Data | Jun 19, 2020
7 must reads for the AEC industry today: June 19, 2020
Brown University's first housing building in three decades and demand for family rentals expected to jump.
Market Data | Jun 18, 2020
New data shows construction activity returning to pre-coronavirus levels in many parts of the country
Association survey and data collected by Procore measure impacts of the pandemic, showing signs of a construction recovery, but labor shortages and project cancellations show industry needs federal help.
Market Data | Jun 18, 2020
AIA releases strategies and illustrations for reducing risk of COVID-19 in schools
For the 2020-21 school year, districts are facing the difficult task of determining if K-12 schools will reopen this fall.
Market Data | Jun 18, 2020
6 must reads for the AEC industry today: June 18, 2020
Northbrook's new cannabis dispensary and America's structural steel industry remains a success story.
Market Data | Jun 17, 2020
6 must reads for the AEC industry today: June 17, 2020
Santa Fe becomes the second city in the world to achieve LEED v4.1 and the megacity is dead.
Market Data | Jun 16, 2020
7 must reads for the AEC industry today: June 16, 2020
Tottenham Hotspur Stadium has its own brewery and workers want policy changes before they return to offices.