Builders and developers are committing serious capital to artificial intelligence (AI) as they confront labor shortages, margin pressure and growing project complexity—but many are still determining where it's most valuable, according to BRG's new research report AI in Construction: Measurable Results, Unclear Benchmarks.

Global law firm Hogan Lovells Cadwalader announced today that Christopher Thalhammer has joined as a Banking & Loan Finance partner in its New York office. He joins the firm from Macquarie, where he was the Head of Legal for its Fund Finance business spanning the U.S., EMEA and APAC.

Salem Five Business Credit (SFBC) is the asset-based lending unit of Salem Five Bank's commercial banking division. Launched in 2025, SFBC provides revolving lines of credit, secured by receivables, inventory and other business assets, as well as term loans secured by machinery and equipment and owner-occupied commercial mortgages for companies with borrowing needs between $3MM and $25MM.

Republic Business Credit has provided a $15 million factoring facility to an established Midwestern staffing agency. The funding delivers essential working capital to support daily operations, resolve an unexpected tax liability, and position the Company to execute its long-term growth plans.

Neal Gerber Eisenberg (NGE) is pleased to announce that Johnathan Foster has joined the firm as a partner in the Corporate & Securities group. Johnathan brings nearly a decade of experience in mergers and acquisitions and private equity, advising Fortune 500 companies, middle-market sponsors, private equity funds, and their portfolio companies across complex domestic and cross-border transactions.

Flatbay Capital closed a $1.1 million commercial real estate refinancing for a Colorado-based supplement manufacturer with more than 35 years of operating history.

Jones Day represented the underwriters in connection with the public offering by PepsiCo, Inc., a leading global beverage and convenient food company, of €1 billion of Senior Notes, consisting of €500 million of 3.750% Senior Notes due 2029 and €500 million of 4.250% Senior Notes due 2035.

Womble Bond Dickinson announced today that a five-lawyer financial services litigation team led by partners Jeffrey Patterson, Ryan Tosi, and Phoebe Winder has joined the firm’s Boston office. The team represents some of the country’s largest financial institutions, including national banks and mortgage and credit card servicers, and has served as national coordinating counsel and litigation counsel to those institutions in class actions, government inquiries and proceedings, and consumer cases in courts across the country.

First Business Bank's Accounts Receivable Financing group announces the funding of a $1 million factoring facility for a New Jersey-based company in the silicone recycling industry. The new client selected the team based on competitive pricing and a direct, in-person conversation about the business's growth plans.

Terra, one of South Florida’s leading real estate development firms, has secured a $183.75 million loan from Monroe Capital's Real Estate Platform, the real estate finance platform of private credit asset manager Monroe Capital, to refinance The Offices at THE WELL Bay Harbor Islands, the recently completed Class A office component of Terra’s wellness-focused mixed-use development in Bay Harbor Islands.

Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced it has entered into a credit agreement (the “Credit Agreement”) that provides for a $400.0 million senior secured revolving credit facility (the “Revolving Facility”).

CohnReznick, a leading professional services firm, today announced a strategic acquisition of the Aldrich group of companies, comprised of Aldrich CPAs + Advisors ($100M+ revenues) and Aldrich Wealth ($8B assets under advisement). The transaction is expected to close in mid-December 2026.

Gordon Brothers, the global asset experts, today announced the appointment of Berta Escudero as Senior Managing Director, International Retail. In this expanded leadership role, Escudero will lead and originate retail engagements across key international growth markets, including Latin America, with a particular focus on Mexico and South America, and select Asia-Pacific countries, while continuing to oversee the firm’s retail business in Spain and Portugal.

Pemberton Asset Management, one of Europe’s leading private credit managers, today announced the official opening of its Tokyo office, strengthening its on-the-ground presence for a Japanese institutional investor base it has served since 2018.

BRG today announced that Managing Directors Conway Dodge and Michael Sullivan and Director Richard Patterson have joined the firm's Financial Institution Advisory (FIA) practice. Based in Washington, D.C., the three are part of BRG's dedicated Markets Compliance group serving broker-dealers, investment advisers, swap dealers and other entities primarily regulated by the U.S. Securities and Exchange Commission (SEC), U.S. Commodity Futures Trading Commission, Financial Industry Regulatory Authority (FINRA) and National Futures Association.

B. Riley Securities, Inc., a leading full-service investment bank, today announced that Michael Masiuk has joined the firm’s Investment Banking team as Managing Director, based in New York. Mr. Masiuk expands B. Riley Securities’ growth and private capital, M&A advisory, and proprietary deal origination capabilities, deepening coverage of corporate and financial sponsor clients in the sports, media, and technology sectors.

Trinity Capital Inc. (NYSE: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the third quarter and first three quarters of 2026. Trinity Capital originated $880 million of new commitments in the third quarter of 2026, bringing new commitments for the first three quarters of 2026 to $2.0 billion.

United Bankshares, Inc. (NASDAQ: UBSI) today announced its expansion into Florida with plans to establish a new office in Palm Beach, marking the Company’s entry into one of the nation’s premier banking and wealth markets and advancing its long-term growth strategy across the Southeast.

X4 Pharmaceuticals (Nasdaq: XFOR), a company focused on improving the lives of people with rare hematology diseases, today announced that it has entered into a senior secured term loan facility of up to $150 million with K2 HealthVentures LLC (“K2HV”), an alternative investment firm that provides flexible, long-term financing solutions in the life sciences and healthcare industries.

Pivot Energy, an impact-focused independent power producer of distributed-scale solar and energy storage, today announced the closing of a $173 million term loan facility for a portfolio of 51 community-scale solar projects totaling 135 Megawatts (MWdc) across six states.