When taking on a new project, real estate developers must take into consideration the amount of risk they will be exposed to. MWE Senior Manager Scott Saulino recently wrote an article for Construction Today about this issue.
“Every real estate developer takes on a significant amount of risk when entering into a new development project. If you’re set on testing the development waters, your first step should be preparing a detailed budget and analysis of the costs to be incurred. These can help minimize your risks.”