10Y UST4.88%+0.41%30Y MTG7.18%-0.83%SOFR3.88%-0.26%VNQ$97.00-0.08%XLRE$44.55-0.07%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Construction Dive

Gilbane wins $114M Alaska Coast Guard water infrastructure project

Via Construction Dive · November 11, 2026
Compiled by Real Estate Trail Editorial · November 11, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

Excerpt from Construction Dive:
As part of the scope of work, the contractor will replace more than 8 miles of water distribution lines across Base Kodiak and upgrade four storage tanks.
Read the full article at Construction Dive →

External link. Real Estate Trail does not republish source content.

More from the wire

Commercial Observer · New York · Multifamily

Jacob Fulop Files Plans for Two 99-Unit Buildings in East Harlem

Developer Jacob Fulop just filed plans for a second 99-unit building in Manhattan’s East Harlem neighborhood. The filing brings the total number of planned apartments for 306 East 101st Street and 307 East 100th Stree…

1h ago