New Construction
Building a Strong Case for New Construction
Source: nreionline.com
"The business case for new development is gaining support among seniors housing owners and operators, an indication that an uptick in construction could occur within the year.
Construction costs, while rising a bit lately, are still well below prices of two to three years ago. Borrowing costs remain low. And with few new facilities under way, there’s a growing consensus that now is the right time to build."
Interesting article and it will be interesting to see if building does pick up.
- Christopher Mellen | Flag this comment for review