Too Much of a Good Thing?

From development slowdowns to property management challenges, the perils of a recessionary cycle are well documented. What is less well understood (and often overlooked) are the structural problems and difficulties that can arise with a booming economy.

Obviously, there is no developer or property manager that prefers a slowdown to a robust period of growth and prosperity, but understanding the challenges that come during a strong economy–that can range from a shortage of raw materials to a relative lack of available talent–(and appreciating the creative solutions developers and managers can deploy to overcome said challenges) is important for any commercial real estate professional who wants to capitalize on opportunities, maximize returns and prepare themselves and their businesses for the future.

Read Full Article

Leave a Reply