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Experts say lack of condo-building comes down to risk, returns (UT)

/ Owner - May 1, 2024

Developers aren’t building condos in Utah because of design constraints, equity investment issues and the promise of a lower return for a much higher risk, according to a panel of industry experts and interviews with lenders.  The answers come after the share of condos fell to a record low in recent years in Utah and nationwide as investors and developers increasingly turned toward building apartments instead.   Read the article…………………………….

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