One Big Thing Construction prices are soaring and eating into the yields of multifamily developers. In an environment like this, its nearly impossible to forecast costs over the typical 2-3 year build cycle for most large multifamily buildings. As a result, developers have to gamble that rent increases will keep...
April 9th – Gravedancer
What I'm Reading Gravedancer: Amazon is buying up distressed shopping malls and turning them into fulfillment centers, often ruffling the feathers of neighbors - who would prefer to see mixed use redevelopment - in the process. NBC News Culling the Herd: Mall vacancies are increasing at their fastest pace on...