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commercial construction

Navigating the Commercial Real Estate Market During Challenging Times

The U.S. commercial real estate (CRE) market is facing significant challenges in 2024, as highlighted by the Financial Stability Oversight Council (FSOC) in its annual report. With rising vacancy rates, declining office property values, high interest rates, and the looming threat of an economic slowdown, the CRE sector stands at a precarious juncture. This situation is compounded by the fact that CRE constitutes the largest loan category for nearly half of U.S. banks, making the sector's stability a matter of national financial concern.

By |2024-01-04T09:33:26-05:00January 2nd, 2024|Construction Blog|
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The Rising Demand for Skilled Workers in Manufacturing Hubs

The resurgence of onshoring in the United States, fueled by billions in public and private investments, is ushering in a new era of manufacturing growth. However, this boom is encountering a significant challenge: a labor shortage in the construction sector. The shortage is attributed to various factors, including the impact of the pandemic, the retirement of older construction professionals, and a lack of young adults entering the industry.

By |2023-12-12T11:56:20-05:00December 21st, 2023|Construction Blog|
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End-of-Year Review Guide for Commercial Construction Companies

The past few years have presented a rollercoaster of challenges for the commercial construction industry, with recent months intensifying the ride. High inflation, rising interest rates, and looming financial crises have made 2023 a year of economic volatility. However, this challenging period also presents unique opportunities for growth and reassessment. As we cross into the last month of the year, it's crucial for commercial construction business owners to take a strategic approach to navigate the future and position themselves for success.

By |2023-12-12T11:54:40-05:00December 14th, 2023|Construction Blog|
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Crafting a Distinctive Brand Story in Construction

In the bustling construction industry, standing out is a necessity. Your potential clients and employees face a myriad of choices, and without a distinctive brand story, your firm might just blend into the background. This post explores the power of storytelling in construction and how it can elevate your brand beyond the ordinary.

By |2023-12-12T11:53:49-05:00December 12th, 2023|Construction Blog|
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Nonresidential Construction Starts Fall 25%, Quality Hires Become More Critical

You want candidates that can tackle problems that come their way. Asking about past projects will give you insight into how they navigate through challenges and how they will work with your company.

By |2023-01-23T18:16:35-05:00January 5th, 2023|Construction Blog|
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Diversity and Inclusion in Construction Becomes Priority for Construction Companies

It is well-established that increased diversity at a company means better results for the company's bottom line and culture. Having different perspectives and backgrounds means that companies can better understand a variety of customers and view problems and solutions differently than they have in the past. So, what can your construction firm do to improve diversity and inclusion in your organization?

By |2022-06-30T14:02:19-04:00June 30th, 2022|Construction Blog|
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Why Construction Superintendents Tend to Like Their Jobs

Whether you are thinking of a career in construction or are a recruiter in search of a construction superintendent, understanding why people in this role like their job is crucial. Those considering this career can use that knowledge to consider a path toward becoming a superintendent. Those recruiting for the role can [...]

By |2021-12-05T19:58:50-05:00December 9th, 2021|Construction Blog|
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Current Positions in Demand & Types of Candidates in Demand

Although construction recruiters are always searching for candidates to fill a variety of positions, currently there is a growing demand for particular roles within development companies. Organizations are recognizing that the market is expanding. This uptick in development translates to more projects on the horizon, so firms are planning ahead by making [...]

By |2018-06-11T14:46:55-04:00June 14th, 2018|Construction Blog|
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Looking Back to Look Forward: Wrapping up Our 50th Year

The Birmingham Group became pioneers of the executive search niche back in 1967. Although we're proud to conclude our 50th year of successful growth helping our clients achieve their dreams, we're also grateful for the amazing clients we get to work with every day. They have helped us become one of the [...]

By |2018-03-02T10:17:53-05:00March 6th, 2018|Construction Blog|
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