Of Interest

We made it! Here’s to you and yours and 2023 that surpasses our expectations in every positive way.

While the Fed has signaled a slowdown in boosting interest rates, the existing rate hikes have successfully curtailed funding availability and raised the cost of borrowing. Some sectors are seeing a slowdown as a consequence, but not all. And developers who can self-finance have a distinct advantage.

Supply chain issues have driven builders and developers to move beyond traditional methods to alternatives. Like modular. Long considered “less than” other options. While, this article says, there are no real cost savings, use of prefabricated pieces can enhance project delivery times while quality remains high.

I’ve written before about downtown areas revitalizing business districts by adding housing. Now, no less a group than the Urban Land Institute says that the same can happen for suburban shopping malls and retail centers. Over the last few years, we’ve seen these older, large complexes morph into churches, recreation centers (think Flying Squirrel) and...