There was a 35 percent difference between the pro-forma rent, or what a developer could reasonably expect to charge in rent, compared with the break even rent, which is what a developer would need to simply cover costs.
Corina Vanek, Biz Journals
Sat, 06/23/2018 - 2:00pm
There was a 35 percent difference between the pro-forma rent, or what a developer could reasonably expect to charge in rent, compared with the break even rent, which is what a developer would need to simply cover costs.