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DELAYED PROJECTS & FUTURE DEVELOPMENTS
In the past, projects struggled to get off the ground as costs for labor and materials rose. Now, contractors may be sharpening their pencils as project pipelines slow down. How can developers make the most of the current climate and still get dollars from investors who may be warier of pouring capital into real estate?
- How are developers managing investor and contractor relationships with potentially delayed delivery dates?
- Are there certain asset classes that investors and developers remain bullish on?
- Will this pandemic cause development pipelines to dry up?
- Although construction was never stopped in Illinois, how delayed are timelines due to restrictions on site?
- How are contractors, subcontractors and owners deciding who will foot the bill for delays?