Summary: The accuracy of a cost estimate can make or break a commercial real estate development project. Finding the perfect partner will help your next construction project stay on budget and time. Let’s look at hard and soft expenses, examples of both, and how to estimate the entire cost of a development project. Understanding some […]
THE COSTS INVOLVED IN DEVELOPING A COMMERCIAL REAL ESTATE Read More »
Summary: As the business costs are rising, what will companies find most valuable when expanding? Costs and bottom line drive your next project, so finding a competent preferred developer will help you navigate and reduce costs. Today, corporate expenses are higher than ever. The bottom line is still a key priority in this environment of
THE COSTS OF HIRING VERSUS NOT HIRING A PREFERRED DEVELOPER Read More »
Rising construction costs were respondents’ top real estate and development concern in ULI’s Emerging Trends in Real Estate 2019 survey. Construction costs have steadily risen due to rising material costs and labor shortages. These costs have a significant impact on the value of existing buildings as well as new construction. Property value influencing factors Because
IMPACT OF INCREASING CONSTRUCTION COSTS ON PROPERTY Read More »
