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ENR March 23, 2009
ENR, March 23, 2009
Cover Story: Squeezing Development
03/18/2009

Tight-Fisted Banks Stall Development

Few building construction companies have seen a market like this one, where weak banks hesitate to lend to anything involving real estate. Patrick Cebelak, controller of Granger Construction Co., Lansing, Mich., is resigned to the fact that "this isn't going to be a fast recovery." Most of the experts on real estate finance would agree.

Private-Buildings Sector Reels As Projects Are Postponed
Stimulus Efforts Hope To Stanch Global Slowdown
Some Agencies Release First Construction Allocations
Avoiding a Bust in Pittsburgh

Cover image: DSGpro; image manipulation by Guy lawrence for ENR; photo right by Matthew Dae Smith for ENR

Past Coverage:   2012 2011 2010 2009 2008
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