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Search resuls for: "Construction's"


6 mentions found


☆ A $500K House Was Built on the Wrong Hawaii Lot. A Legal Fight Is Unfolding Over the Mix-Up
  + stars: | 2024-03-27 | by ( Associated Press | March | At P.M. | ) www.usnews.com   time to read: +2 min
HONOLULU (AP) — A woman who purchased a vacant lot in Hawaii was surprised to find out a $500,000 house was built on the property by mistake. But the company built one on Reynolds' lot. Photos You Should See View All 60 Images"There's a lot of fingers being pointed between the developer and the contractor and some subs,” Reynolds' attorney James DiPasquale said. Reynolds rejected the developer's offer for a neighboring lot of equal size and value, according to court documents. She has filed a counterclaim against the developer, saying she was unaware of the "unauthorized construction.”An attorney for PJ’s Construction told Hawaii News Now the developer didn’t want to hire surveyors.
Persons: —, She's, Annaleine, Anne ” Reynolds, PJ's, Reynolds, ” Reynolds, James DiPasquale, ” DiPasquale, Peter Olson, Construction's, Olson Organizations: Local, Keaau Development, Associated Press, PJ’s Construction, News Locations: HONOLULU, Hawaii, Paradise, Puna, California, ”, Honolulu
☆ China's real estate slump is about to get worse
  + stars: | 2024-03-06 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +4 min
Capital Economics said the "unavoidable structural decline" in China's property sector has only just begun. AdvertisementSeveral years in and China's prolonged real estate slump has been well-documented, but the landscape may be about to deteriorate further as construction enters a deeper correction, Capital Economics said in a note Wednesday. AdvertisementResidential real estate activity in China Capital Economics, CEICSizable infrastructure support has prevented construction from falling as much as anticipated. As Capital Economics highlights, real estate construction remains an opaque measurement in China. In Capital Economics' view, Beijing will drag it out longer so that it doesn't fully materialize until 2030.
Persons: — Organizations: Service, Economics, China Capital Economics, Capital Economics, Capital Locations: China's, Beijing, China
☆ China unveiled new dragon-themed drillers that it hopes will build the world's 'longest undersea high-speed railway tunnel'
  + stars: | 2024-02-27 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +1 min
China just showed off its second dragon-themed tunneller, which it said will drill an undersea railway. It's touted by China as the world's longest undersea high-speed railway tunnel. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina's state-run railway giant on Monday revealed the second of its dragon-themed tunnel-boring machines for what it says is the longest undersea rail channel in the world. The Yongzhou machine, unveiled at China Railway Construction's Changsha facility, was given a "Dragon of Fortune" paint coat to commemorate the Year of the Dragon, per state media The People's Daily.
Persons: — Organizations: Service, China, Business Locations: China, Japan, Changsha
☆ Want to build a tiny home in your backyard? Here's how you can finance it.
  + stars: | 2023-10-02 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +7 min
Backyard tiny homes, called ADUs, are becoming increasingly popular. AdvertisementAdvertisementBackyard tiny homes, called accessory dwelling units or ADUs, are becoming more popular as some state and local governments roll back zoning restrictions. That's because government-backed mortgage providers Fannie Mae and Freddie Mac set the strict standard for all other mortgage lenders. Sometimes, when financing an ADU loan, programs like RCUs may consider the property's worth after the ADU is constructed when underwriting the loan. Clark and her husband moved into the main home, and Sandoval-Clark and her family live in the ADU.
Persons: —, Fannie Mae, Freddie Mac, Freddie, Ryan O'Connell, you've, Peter Bohler, Suszi Lurie McFadden, O'Connell, RCU, RenoFi, it's, Katie Sandoval Clark, Marshall, Barbara Clark, Mother Barbara Clark, Katie Sandoval, Clark, Sandoval Organizations: Service, CAST, —, Denver Post, Redwood Credit Union, ADUs, Area Locations: California, — New York , California, Vermont, Denver , Colorado, Napa County , California
☆ Thinking of building an ADU in your backyard? Here are some pros and cons.
  + stars: | 2023-08-07 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +6 min
Backyard tiny homes are increasing in popularity, especially in California. If you're considering building a tiny home in your yard, here are some pros and cons to consider. San Jose homeowner and ADU advocate Joyce Higashi rents her backyard home to traveling nurses for $3,000 per month, she previously told Insider. Pro: Tiny homes can allow a child or elderly parent to remain nearbyAn ADU in Seattle. Selma Hepp, chief economist at CoreLogic, previously told Insider she ran into many challenges when building her ADU.
Persons: it's, Glenn Robinson, Robinson, Joyce Higashi, Eugene Chu, Peter Bohler, Cindy Loughridge, Seth Restaino, Redfin, Higashi, Selma Hepp, Abodu, George Beatty, Realtor.com Organizations: Service, National Association of Realtors ., California Housing Works, Pew Research Center, Terner Center, Housing Innovation, University of California, Villa Locations: California, Wall, Silicon, Sonoma ., National Association of Realtors . California, Redwood City , California, Jose, San Diego, Seattle, Bay, Sonoma, Golden, Berkeley, Philadelphia
☆ 2 ex-investment bankers decided to get their hands dirty in the construction industry. Here's how they took an unusual approach to launching their startup and went on to raise $3.1 million.
  + stars: | 2023-01-26 | by ( April Joyner | ) www.businessinsider.com   time to read: +4 min
Construction-tech startup Suppli has raised $3.1 million in seed funding led by Equal Ventures. But his new startup, Suppli, is also at the forefront of a hot investment trend this year. Suppli, which makes credit-management tools for companies that sell and procure construction materials, has raised a $3.1 million seed round led by Equal Ventures. Having that customer list turned out to be critical a year later as they raised their seed round, Ayers said, given the shift to caution among investors. That's the same opportunity Skafidas and Ayers saw when they decided to take the plunge into entrepreneurship.
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