A Colchester housing project co-developed by Evernorth paid an additional $100,000 in construction interest when rates climbed from 3% at its conception in 2022 to 7.5% at the time of its ...

Interest rates range from around 5% to 14% for commercial real estate loans. But your specific rate will depend on lots of factors, such as the loan type, property and your creditworthiness. Many ...

Among the financing challenges Ray cited are higher interest rates and an increase in equity requirements for a commercial real estate development loan. He also noted the cost of construction has ...

The ACI increased 8.8% in the second quarter since the first quarter of 2024, but the year-on-year decline came to 1.9%, which was unfortunate against the background of the dire need for housing ...

From interest rates to construction costs, it's a tricky time for developers in Memphis and the suburbs. Here's a look at some of the challenges.