Labor Relations Services

The AFL-CIO Investment Trust Corporation has been retained by PNC Bank to provide to the BIT labor relations services to assist with the implementation of, and compliance with, the union labor requirements for the BIT.  The knowledgeable labor relations staff of the ITC works closely with PNC Bank to ensure a harmonious and economically sound venture.  The labor relations staff is also available to:

  • Assist in identification of general contractors or construction managers who meet the requirements set forth in union labor policies;
  • Provide in-depth assistance on labor relations issues.

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BIT News

BIT Celebrates Groundbreaking at Ritchie Station Marketplace Construction begins on the 1-million square feet retail development project.
Seattle Urban Development Project Generates Union Jobs BIT financing generates jobs for an estimated 560 union construction workers.
3rd Quarter '09 Dispositions Generate $47 Million in Proceeds The BIT continues to successfully dispose of assets.

Commercial Real-Estate News

Plots & Ploys Colorado's Oakwood Homes is purchasing Henry Walker Homes in a deal valued at over $75 million. The deal is a sign that home builders are deciding the best way to expand into a new market is to buy your way in.
Wed, 23 Apr 2014 00:06:09 EDT

Ruling Bodes Well for REIT Converts News that advertising company CBS Outdoor has received a green light from the IRS to convert into a real-estate investment trust is a positive sign for other companies awaiting similar rulings.
Tue, 22 Apr 2014 21:08:02 EDT