Construction Dive quoted Construction Leader Joseph Natarelli in an article discussing six ways the coronavirus outbreak will affect construction.
By Jenn Goodman
Natarelli has seen a pullback in construction financing and a greater focus on risk mitigation and conservative underwriting. Even with historically low interest rates making this the perfect time to finance a project, “my gut tells me we’re going to see higher prices and projects canceled although I can’t point to the extent of it,” he said.
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