In 2015, total commercial real estate construction ran a tab of nearly $700 billion US dollars. An estimated 14% of that was caused by rework of human error due to unskilled labor and materials defects. $98,000,000,000 That’s how much is wasted every year in the US construction industry. Think about it. What could you do …
Underwriting and Due Diligence Challenges in Commercial Real Estate In the spirit of Murphy’s Law, most real estate investment firms would do well to anticipate challenges and risks when acquiring multifamily assets. The market for investment sales in 2016 was reportedly $150.3 billion, according to JLL’s research. When buying older properties, just like buying an …