Celebrated during CLRM’s 12th annual roundtable in Denver, this year’s Journal brings together insights and expertise from across the construction lending community. The 2025 edition tackles timely issues such as shifting construction activity by asset class, emerging market risks, and the continued evolution of SBA construction lending. Articles explore real-world case studies, pitfalls in permitting and project planning, and proactive strategies to manage everything from low bids and change orders to legal documentation and subcontractor risk. With contributions covering sustainable building trends, C-PACE financing, and lessons learned from luxury hotel development, this edition offers practical knowledge for professionals navigating a complex and fast-moving market.