Promising data reported recently by the Dodge Construction Network suggested optimism despite the headwinds of higher interest rates, construction costs and inflation.
Industry analysts, however, suggest those numbers are more a result of savvy financing and loans that were in place before the rising rates of the past half-year or so.
Jeff Halper, vice president of procurement, Ryan Companies US, tells GlobeSt.com that he is still seeing construction starts from deals that closed when capital wasn't as expensive.
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