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Construction employment dips in December (access required)

Portman Holdings announced this week it has signed a tenant, Regions Bank, to lease nearly 64,000 square feet in its under-construction speculative office building Uptown. Photo credit: Alyssa Gribble/Trinity Partners

Construction employment slipped by 3,000 jobs in December, while average hourly earnings accelerated, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that recent construction spending numbers and their own survey ...

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Faison focusing on real estate investment (access required)

In 2016, Faison was developing this mixed-use project on East Seventh Street at North Caswell Road. Rendering courtesy Faison.

Faison Enterprises has completed its transition from a development and operating company to a real estate investment firm, spinning off its acquisitions and multifamily teams into new, independent companies, according to a press release. Faison started its restructuring process after ...

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