Development remains a challenge in major CRE asset classes
Land and construction costs that continue to outpace rents and leasing rates are among the key factors holding back development in all four of the main commercial real estate sectors.
Land and construction costs that continue to outpace rents and leasing rates are among the key factors holding back development in all four of the main commercial real estate sectors.
Skyline Group of Companies already manages about 20 per cent of the rental apartment buildings in Owen Sound, Ont., and that number will increase after the recent groundbreaking for a 267-unit complex at 3195 E. Bayshore Rd.