Philadephia Ground-Up Construction Market Trends

Philadelphia remains a hotbed for ground-up construction, and the suburbs offer promising new ground. While there may be fewer new condos, triplexes are taking the lead, making financial sense for both lenders and investors! In the heart of Philadelphia, expect to see an increase in planned unit and townhome developments. There's a notable shift toward the suburbs, with more single-family development projects gaining traction. Watch Rocky Butani's interview with Christopher Tereo from i Fund Cities to learn more about the real estate market in Philadelphia: https://privatelenderlink.com/2024/05/pennsylvania-residential-construction-insights/

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