Common Scams Targeting Construction Companies

External fraud costs the construction industry up to $1 billion annually, with scams targeting high-value materials, supply chains, and tight project timelines. To mitigate risks, construction companies can implement preventive measures like enhanced site security, supplier screening, and strong internal controls.

2024-12-19T14:55:20-05:00December 19, 2024|Categories: Construction and Real Estate|Tags: , |

The Future of Commercial Office Conversions and Transforming Workspaces

With changing work habits, increasing demands for flexible spaces, and modifications to urban planning, the conversion of commercial office buildings into new uses has gained popularity. Learn about the future of commercial office conversions and transforming workspaces.

2024-12-19T13:10:37-05:00December 16, 2024|Categories: Construction and Real Estate|Tags: , |

Return on Investment (ROI) in Commercial Real Estate

As we approach the year-end, many investors take a step back to evaluate their investments to analyze the performance during a given year. Commercial real estate is an attractive investment sector because it can offer significant returns for discerning investors. Learn about the main tool used to determine the profitability and potential success of a commercial real estate investment.

2024-12-03T13:50:27-05:00December 4, 2024|Categories: Construction and Real Estate|Tags: , |

Webinar Recording | Virginia Enterprise Zones: Your Guide to Getting in the Zone

Discover the benefits of being located within a Virginia Enterprise Zone. In this webinar recording, you will learn who is eligible, what grants are available, and how to apply.

2024-12-09T10:27:40-05:00November 25, 2024|Categories: Events, Construction and Real Estate, Webinar|Tags: , , , |

Accounts Receivable in Construction: Cash Flow at Risk Amid Payment Delays

This year alone, payment delays in the construction industry have added an estimated $280 billion to costs, forcing many companies to rely on personal savings, credit cards, or retirement funds to keep operations running. Implementing an effective accounts receivable (AR) strategy can help construction businesses improve collections, stabilize cash flow, and reduce the financial strain caused by delayed payments.

2024-11-14T12:16:16-05:00November 18, 2024|Categories: Construction and Real Estate|Tags: |

Webinar Recording | Cybersecurity in Construction & Real Estate

​Learn effective strategies needed to mitigate your financial and IT risks to address the sophisticated ransomware and social engineering attacks facing businesses today.

FinCEN Issues New Reporting Rules for Real Estate Transactions

FinCEN has issued a final rule, effective December 1, 2025, requiring certain real estate professionals to report non-financed residential property transactions involving legal entities or trusts to combat money laundering. The rule targets high-risk transactions used by illicit actors to obscure identities and launder money through the U.S. housing market.

2024-09-09T14:18:51-04:00September 9, 2024|Categories: Construction and Real Estate|Tags: |

AI in Real Estate: Balancing Innovation and Risks

AI is reshaping the real estate industry, offering unprecedented efficiency and precision. However, while AI brings significant opportunities, it also introduces challenges that must be carefully managed.

2024-09-03T12:36:56-04:00September 3, 2024|Categories: Construction and Real Estate, Cybersecurity, Risk Advisory|Tags: , |

AI in Construction: Navigating the Balance Between Risks and Rewards

AI offers incredible opportunities for the construction industry, but it also brings challenges that require careful management. By thoroughly evaluating the risks and rewards, construction companies can unlock AI’s full potential, driving unprecedented innovation and growth in their projects.

2024-08-28T09:04:00-04:00August 26, 2024|Categories: Construction and Real Estate|Tags: , |

PBMares Recognized as a Top 50 Construction Accounting Firm in National Ranking

PBMares earned a spot on Construction Executive’s (CE) annual ranking of influential firms in construction accounting. Read the news release here.

2024-08-12T09:31:42-04:00August 9, 2024|Categories: News Releases, Construction and Real Estate|
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