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September 30, 2010

Half-Built Projects Come With a Whole Bundle of Issues

By Terry Dungan

As the industry continues to dog‐paddle to keep its head above turbulent waters,  many developers, owners, and lenders find themselves sitting on projects in varying stages of construction/ completion and having to decide if the project should be completed, mothballed, or sold. This has obviously created an opportunity for well‐heeled buyers who are looking to acquire property and assets at greatly reduced costs.

This article from Western Real Estate Business explains why the time to buy is right now, and how investors can make that call.

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