Balancing Act: Construction Cost Control

RealShare Apartments is THE multifamily event of the year uniting 2,000 of the sector’s top owners, investors, developers, brokers, financiers and more from across the United States.

Apartments outperformed expectations for 2014 with the national vacancy rate dipping. As employment continues to rise, and another 1.6 million millennials, an age cohort with a 68% propensity to rent, will come of age in the next five years, how will this effect product demand? As investment capital is seeking higher yields flow to secondary and tertiary markets, as well as outlying areas in primary markets, how are cap rates affected? The dynamic two-day agenda will address these hot topics and focus on all aspects of the sector. With over 60 industry veterans poised to share their insights on how to position yourself and your organization to succeed in today’s thriving market, and an abundance of networking opportunities with the industry’s decision-makers, this is an event you won’t want to miss!

Mark Hartney will be moderating the following panel:

BREAKOUT: Balancing Act: Construction Cost Control

Apartment construction companies are facing a bit of a quandary nowadays. On the one hand, they have increasing demand for all different types of product. On the other hand is the combination of a high cost of materials and shortage of workers. How are the nation’s multifamily builders dealing with these conditions and bringing to market the type of product that’s most in demand, on time and on budget?