by Debbie Colangelo | Jun 13, 2022
Multifamily developers are still facing delayed shipments of construction material and rising project costs due to inflation and interest rates. Construction costs are up about 50% for most development projects, said Matthew Jacocks, principal for Lee & Associates...
by Debbie Colangelo | May 4, 2022
Overall, the CRE market is not entirely insulated from the impacts of rising inflation, as it tends to increase the cost of labor, construction and operations, which ultimately adds pressure on supply and demand trends and can increase the probability of interest rate...
by Debbie Colangelo | Dec 9, 2021
You’d be forgiven for gaining a case of whiplash moving from 2020 to 2021. Disaster—a seemingly closed economy, crashed supply chains, tight labor availability, and many millions out of work—turned into rising values, some hot sectors, and rising rents and increased...