While many developers opt for a wait-and-see approach during market volatility, it isn’t always the best course of action.
Urban Catalyst Founder Erik Hayden set out to discuss this issue in his recent article for Forbes, titled “How Developers Can Keep Projects Moving Forward During Uncertain Times."
Turns out, real estate developers don’t necessarily need to slow down; in some cases, Erik says, it’s better to speed up.
Urban Catalyst partners know a thing or two about moving projects forward during economic downturns. After all, they’ve successfully developed ground-up projects worth billions of dollars in Silicon Valley over the last two decades including during the 2008 Great Recession.
Read Erik’s full article in Forbes for his insights on why it’s important to:
- Learn from the past
- Look forward
- Be first to market
- Diversify your portfolio
- Be prepared
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