Construction: The Costs Keep Climbing
And projects keep taking longer to complete.
Once upon a time and not so long ago, real estate professionals learned on the job. Without formal university programs, most real estate professionals—even those with top business school degrees—gained knowledge through experience. But, that is now changing. Real estate specific degree programs at both the undergraduate and graduate levels are soaring in popularity, and young professionals are now joining the commercial real estate industry with a formal education in the field. Real estate degrees and certifications are quickly becoming a standard.
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And projects keep taking longer to complete.
Do you know of a professional, team and/or company that has helped shape the senior housing sector? Submit a candidate for GlobeSt.’s next Influencer series before the August 19 deadline!
Colliers says 59% of developments under construction are preleased.
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