Construction industry

For banks, construction projects not only produce new branches and offices, but can build an image with the public — or tear it down.

Built Technologies will use the money to invest in research and development while it builds out its client base.

Software startups say bringing borrowers, builders and lenders onto one digital platform can remove some of the risks lenders faced during the crisis.

Rising tariffs are rapidly increasing the cost of building materials, putting banks at risk.

The explosion in construction of self-storage facilities is being backed by banks hungry for commercial loans. Some market participants fear a glut is in the making and the credits could sour.

The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country.

To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors.

A bill that would ease Basel III capital requirements on commercial real estate loans could level the playing field between depository and nonbank lenders and spur more construction lending if it passes in the Senate.

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.