[+] Risk and Reward: Construction Crunch Keeps Developers Up at Night

“I’m often asked what keeps me up at night, and it’s the contractor risk and what’s going on with building prices. The reality is there are a lot of feasibilities that aren’t stacking up.”

Speaking at The Urban Developer and MaxCap roundtable in Sydney recently, MaxCap chief investment officer Bill McWilliams succinctly expresses the concern etched across the furrowed brows of every developer sitting down for lunch. 

Nothing is off the table as some of New South Wales’ biggest developers across industrial, greenfield, office and residential talk shop and look for the blue skies on the horizon. 

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▲ MaxCap chief investment officer says construction contractor risk is the main concern in the debt funding space.

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Article originally posted at: https://www.theurbandeveloper.com/articles/construction-crunch-concern-maxcap-growthbuilt-abadeen-legacy