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Real Estate/Development

Aug. 15, 2013

Residential real estate industry: lessons from the recession

Looking back on what challenges we faced as we tried to fix "broken" projects can help to ensure there are fewer challenges that we may face if and when the recovery stalls. By Nancy Scull


By Nancy Scull


It was not that long ago that the media was full of stories about "broken projects" and "fractured condominiums" describing the remnants of the residential communities that fell victim to our most recent real estate recession. With every passing month those concepts seem to fade, as we read enthusiastic reports of a vibrant real estate recovery. With such positive news, it is easy to forget the problems and challenges that confr...

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