Several Factors Cause Construction Timelines Drag on For Multifamily Developers

Jul 27, 2022 |

By Mike AlbaneseSpecial Contributor COVID, inflation, and labor shortages are noted as the main reasons for extended construction timelines.   Area multifamily developers say inflation, rising interest rates, labor shortages, and supply chain issues are dragging out construction timelines.  Data from the 2021 Survey of Construction from the Census Bureau revealed the average length of time […more]

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