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How Will the Trade War Affect Commercial Construction? |
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| As the Trump administration’s trade policy continues to evolve, CRE stakeholders are expressing concern over the impact of tariffs on the cost of construction projects. With new tariffs proposed, imposed, or lifted almost daily, the full impact remains unclear. Still, understanding factors like regional market conditions, project specifics, and risk mitigation strategies can help you prepare. In this GlobeSt article, Partner’s Robert W. Barone, RA, LEED AP, offers hope in the face of tariffs and how they may affect your construction deals. |  |
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A Safety Net for Construction in Uncertain Times |
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| With renewed tariff uncertainty impacting project costs, lenders are turning to SureBuild as a strategic way to manage construction risk. While tariffs alone may not cause borrower failure, they can strain budgets and timelines—making SureBuild’s project completion insurance a valuable backstop. While SureBuild empowers lenders to close more deals, it also ensures the project moves forward even if the borrower doesn’t—giving lenders the leverage to act confidently when enforcing loan terms. To learn more about how SureBuild can protect your next project, contact Isaac Stern here. |  |
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Beware the Low Bid |
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| When a contractor’s bid comes in suspiciously low, it’s often a red flag—not a bargain. Incomplete plans, vague scope definitions, or contractors aiming to win at any cost can lead to a flood of change orders, delays, and costly disputes. And when low bids aren’t backed by experience or proper vetting, small issues can quickly become expensive problems. In this article, Partner’s Christina Fanning breaks down what drives low bids and why they should prompt closer scrutiny. |  |
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Using Best Practices to Mitigate the
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| Construction setbacks rarely happen in isolation—delays, budget gaps, or missed milestones can trigger a chain reaction that derails a project. From hidden contract risks to underestimated environmental issues, the smallest oversight can have outsized consequences. In this article, Partner’s Kyle Gustafson and Mark Petit of Meadows Bank share insights on preventing seemingly small issues from escalating into major setbacks in construction projects. |  |
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From Foundation to Flag: Managing
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| Luxury hotel projects carry high stakes—design changes mid-build, brand-driven revisions, and coordination among developers, lenders, and operators. Long lead times, shifting scopes, and evolving public space plans only add to the risk. Thoughtful planning and clear agreements upfront are key to staying on track. In this article, Robert W. Barone, RA, LEED AP, shares strategies for managing complexity and minimizing exposure in luxury hospitality construction. |  |
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Centralized Access to All Your Construction Reports |
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| Managing multiple construction loans means juggling reports, updates, and timelines. SiteLynx, Partner’s secure client portal, brings everything together—centralizing project reports, simplying RFP requests, keeping your team aligned with shared report access and updates, and providing easy access to Partner invoices. If you’re already a Partner client, setup is quick and easy. Let us help you get set up today. |  |
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| Work in Residential Construction Lending? Stay in the know of residential construction risk management insights and resources by opting in here. |
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May 28, 2025
When future economists look back on 2025, perhaps they’ll refer to this period as, “The Great Hesitation.” Consumer and business confidence is down and the whole world seems to be waiting for the proverbial other shoe to drop. In all instances the underlying demand is there; the common denominator is fear that the market will change.
May 12, 2025
Survey Insights into the Construction Industry’s Response to Tariffs By Robert W. Barone, R.A., LEED AP, Director of Construction Services at Partner Engineering and Science, Inc. | Published May 12th, […]
April 28, 2025
Three reasons not to panic about the impact of tariffs on your construction deal. Robert W. Barone, R.A., LEED AP, Director of Construction Services of Partner ESI, offers hope in the face of tariffs and how they may affect your construction deals.
