With nearly a 10 percent increase in the price of steel since the tariffs were announced earlier this month, deal negotiations, bottom lines and construction pricing in commercial real estate have already been affected.
“Uncertainty drives people to be very conservative, risk-averse. It is affecting our deals.” – Joe Pecoraro, project executive at Skender.
Dive in for a more in-depth look at the future of commercial real estate in National Real Estate Investor’s latest article, “Tariffs Already Putting Pressure on Commercial Construction Pricing.”