Brief
How Smart Builders Cut Costs During Preconstruction
In today’s market, builders are met with longer decision-making timelines and increased scrutiny over budgets before projects are approved, according to John Line, executive vice president with Farmin
Summary
In today’s market, builders are met with longer decision-making timelines and increased scrutiny over budgets before projects are approved, according to John Line, executive vice president with Farmington Hills, Michigan-based Huntington Construction.
Last year, CBRE reported that the construction pipeline continued to contract across all property types, estimating that construction costs increased 35 percent since 2020.
A J.P. Morgan report from earlier this year states that rising costs, larg
Source
- REBusinessOnlinerebusinessonline.com
