BERT HOWE
Nationwide: (800) 482-1822    
Arrange No Cost Consultation
  •    

Real Estate & Construction News Roundup (11/5/25) – Apartment Conversion Projects Surge, Targeted AI in Real Estate Increases and Hotel Lobby Urge End of Government Shutdown

December 02, 2025 —
In our latest roundup, government shutdown affects contractors, hotel construction stays flat, and more!
  • The total U.S. hotel construction pipeline stayed relatively flat year over year in the third quarter of 2025, while brand conversions saw record-high project totals. (Lara Ewen, Construction Dive)
  • Construction attorneys say some federal jobs during the government shutdown may require contractors to keep working, even if they’re not getting paid. (Sebastian Obando, Construction Dive)
  • The government shutdown has resulted in an estimated $650 million in lost hotel business, with each day of the shutdown costing the economy $31 million “in activity that would’ve been generated by hotel stays.” (Lara Ewen, Hotel Dive)
Read the full story...
Reprinted courtesy of Pillsbury's Real Estate & Construction Law Team