LOS ANGELES—Laying out pre-contracts with the developer is the first step to managing construction costs, according to Mike Rovner, the founder and CEO of Mike Rovner Construction. Rovner recently spoke on the topic at the RealShare Apartments conference in Downtown Los Angeles, where we managed to get an exclusive interview with him. Here is what he tells us:

-       What projects he is currently working on

-       How he manages construction costs

-       The challenges he faces as a contractor and how he overcomes them

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