Traders in the construction finance space are rotating into mid-cap lenders as earnings season kicks in. Recent disclosures indicate stronger loan portfolio quality, with NPL ratios falling under 2.1%. Speculators are taking short-term positions amid chatter of a new urban renewal bill expected to pass in Q2 On Friday, Sept. 12, the president shared that his planned ballroom is becoming a reality and showed off the construction trucks heading onto the White House grounds. Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display. Seasonal trends may give construction finance equities a lift as summer building activity accelerates. Historical data indicates June-August loan origination spikes of 12–15%. Traders are eyeing potential dividend hikes among sector leaders with excess liquidity.