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Partner CEO Joe Derhake, PE was interviewed by Pensions and Investments about the state of the construction industry. Asked about the risks inherent in hot or overheated real estate markets, Derhake noted that the irony of a recession is that it gets hot before it gets cold. “In construction, a contractor may have a great A team and a decent B team, but the contractor’s C team is not very good. In gateway markets, contractors and subcontractors are stretched… They are running more crews and more C teams out in the field, and that creates risk. The time element is also a risk. Contractors are rushing to complete projects for fear that otherwise they will be delivering completed projects in a recession.”
Derhake’s insights were published in the May 1, 2017 print issue, and the full article can also be accessed online here.
July 07, 2025
The Spanish government has approved a new set of mandatory fire safety regulations specifically for industrial properties, through Royal Decree 164/2025. This law introduces sweeping changes to how fire prevention systems must be designed, installed, maintained, and audited.
July 03, 2025
In this latest GlobeSt article, Erika Haberlen discusses how tech-enabled solutions can transform your due diligence process and empower your team with data that drives long-term value.
July 02, 2025
More Than Just a Box on the Due Diligence Checklist, Zoning Reports Can Help Protect Collateral Value. By Wes Skinner, CHMM, Principal and National Client Manager, published on June 25, […]
