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Construction and Real Estate

Several New Orleans developments are on track despite the pandemic, while others have been delayed.
Tomakk Glass Partners says it will invest $1.95 million to launch a glass manufacturing facility in Shreveport.
The following are the top residential and commercial permits awarded for parishes in the New Orleans area in the two weeks prior to August 7.
U.S. average rates on long-term mortgages fell this week, pushing the key 30-year loan to a record low for the eighth time this year.
Experts predict the problem will only get worse in the coming weeks, with 30 million unemployed and uncertainty whether Congress will extend the extra $600 in weekly unemployment benefits that expired Friday.
U.S. construction spending fell again in June, the fourth straight decline as the coronavirus outbreak continues to wreak havoc on the economy.
A Louisiana contractor has been in a tussle with city officials regarding payments for a demolition project after he accidentally tore down the wrong house.
U.S. average rates on long-term mortgages declined this week, remaining near historic lows as the key 30-year loan slipped back below 3%.
The New Orleans area lost 1,500 construction jobs from May to June, according to an analysis of new government data released today by the Associated General Contractors of America.
Another former school building in New Orleans is set to be turned into apartments.