VOORHEES, NJ-The economic recession continues to linger, and jobrecovery is moving at a slower pace than expected, so real estatefirms are coming to realize they need to shift strategies and workharder to generate the same revenues. Many builders have mixed-useand multifamily projects lined up, but are waiting for strongeractivity before they can move ahead.

To get a clearer picture of how current economic conditions areimpacting builders, the Strategic Alliance, a group of realestate-related companies, conducted a business survey that coveredmore than 1,000 builders and developers and other industryprofessionals in the Tri-State and Mid-Atlantic regions, as well asPennsylvania and Florida. The survey, which was the secondsponsored by the Alliance during 2010, polled real estate expertsinvolved in the commercial, single-family, multifamily, and 50-plusactive adult markets.

“While most builders hoped that conditions would trend upquicker this year, there are some fundamental problems that stillneed to be resolved before projects can move forward,” says BillFeinberg, president of Feinberg & Associates, PC and founder ofthe alliance.