Industry and IBEW News

Cushman Arranges $88M Construction Loan for Greenwich Multifamily

https://rebusinessonline.com/cushman-wakefield-arranges-88m-construction-loan-for-multifamily-project-in-greenwich-connecticut/

Cushman Wakefield secured $88M construction loan through Santander Bank for Benedict Court, 120-unit project with 72 market rate and 48 affordable units, completion summer 2028

Alders Advance City's Plan To Acquire English Station

https://www.newhavenindependent.org/2026/02/19/alders-advance-citys-plan-to-acquire-english-station/

New Haven aldermanic committee voted 5 to 1 to advance Elicker administration's plan to purchase or use eminent domain to acquire contaminated English Station site for public park with outdoor pool

Housing Authority To Rehab Eastview Terrace

https://www.newhavenindependent.org/2026/02/19/housing-authority-to-rehab-eastview-terrace/

Housing Authority of New Haven plans $41.2M rehabilitation of 102 apartments at Fair Haven Heights' Eastview Terrace complex with new kitchens, bathrooms, and windows, first renovated in 2008

Evaluating the Jobs Impact

https://www.daytondailynews.com/local/data-centers-get-big-tax-breaks-do-they-create-jobs/34WLOLCK3BBT3O5ZG4XEPYXR7Y/

IBEW Local 648 says data centers could bring 800-1,200 construction jobs, but researchers warn facilities are capital-intensive while creating few permanent positions despite massive tax breaks

Centers Seek Credit Ratings to Unlock Billions for AI Push

https://www.ft.com/content/e0d9d5f2-c09d-426e-af03-193b488b7b1e

Data center landlords securing top credit ratings for asset-backed securities to unlock billions in financing, with Compass Datacenters achieving first-ever Aaa rating from Moody's