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Half Built Projects Come With a Whole Bundle of Issues

Published in Western Real Estate Business

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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