Partner Engineering and Science, Inc., and GlobeSt.com look at how the commercial real estate industry copes with construction risk in this new white paper: “Building Momentum—Construction and Risk in a Post-Recession Era.”
Over 200 CRE professionals were asked for their assessment of the business environment, both now and in the next 12 months, what current policies and procedures are in place for construction risk management, how changes to these policies are prompted and the levels of failed projects or loans their institutions have been exposed to in the past, among other topics.
The paper looks at these results from the perspective of developers and lenders, and dives into such subjects as:
- The 12-month outlook for construction and business risk;
- The primary drivers of construction risk management;
- Contributing factors in failed projects or project loans over the last five years.
To download the full paper, click the button below.