TITLE

Too many contractors misleading prospects

PUB. DATE
November 2009
SOURCE
Indianapolis Business Journal;11/9/2009, Vol. 30 Issue 36, p21A
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the adoption of every-man-for-himself mentality by people in the real estate business. The author says that one of the most profitable exit strategies was to sell the building to an investor, either under an agreement or empty where the business remained in the building leasing it back to the investor. The author states that costs of construction are lower, but so are investment returns to the business, because investors have raised their demands.
ACCESSION #
45386159

 

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