chi-construction crane (3) The 62nd construction crane in Chicago this year just went up on the future site of Belmont Village, a senior living facility on the Northwest Side.

CHICAGO—Builders throughout much of the nation struggled with higher construction costs in 2017. And many agree that an acute shortage of skilled labor was the chief culprit. The overall outlook for commercial real estate in 2018 remains positive, but that shortage will continue posing a threat to further growth.