- Our Market: Overview
- Commercial Real Estate
- Multifamily Real Estate
- Finance & Investment
- Energy & Environment
- Construction & Engineering
- Architecture & Design
- Research & Trends
Construction & Engineering
CRELIX loves construction and engineering. It’s one of the sexiest sectors of the real estate industry.
Construction and engineering firms build structures and make them work, accomplishing amazing feats of art, science and sheer strength every day. The challenge becomes more and more complex as the world digitizes and buildings, like people, theoretically become “smarter.”
CRELIX’s appreciation for the construction and engineering firms behind commercial, multifamily and government buildings runs deep. We’ve represented a leader in P3s (public/private partnerships) and in off-site construction. We understand how to differentiate services companies in highly competitive markets.
Construction’s contribution to the U.S. economy is massive, with more than 670,000 employers and over seven million employees, who together create nearly $1.3 trillion of structures each year, according to Associated General Contractors of America.
A January 2021 update from AGC: Residential construction has weathered the pandemic much better than nonresidential segments. While both parts of the industry had huge job losses from the pre-pandemic peak in February to April 2020, residential building and specialty trade contractors have now recouped all of the employment losses they incurred. In contrast, nonresidential construction employment — comprising nonresidential building, specialty trades, and heavy and civil engineering construction — was 241,000 lower in December 2020 than in February 2020.
Smart buildings, green buildings, modular construction, prefabrication, lean construction, automation, technology and the prospect of increased public infrastructure investment are top of mind at CRELIX.