Industry News | Wk of September 16
HOT & RELEVANT TOPICS Lenders Won’t Cover Rising Construction Costs on Multifamily Projects Apartment developers have been forced to put more equity into their new properties. That’s because lenders are balking at covering the rising cost of construction in the loans, particularly as the current cycle matures.
Why Some Developers Say There’s Still Room to Run
Not all apartment markets are created equal, and while construction may be headed for a dip on a national basis, many developers are confident about continuing to assemble robust development pipelines.