"[O]thers aren't seeing significant changes in pricing. Chris Finlay, CEO of Tyson's Corner, Virginia-based owner, manager, and developer of Middleburg Communities, said costs moved less than 1% for a project his firm is working on in Florida, when he looked at pre- and post-tariff costs.
“In short, what we're noticing is there is a lot of discussion of tariffs ... We have not yet actually seen it impact actual pricing on the ground.”
Related Content
Middleburg Closes Third GP Fund with $125M in Capital Commitments
The Virginia-based firm expects to develop approximately 40 multifamily and build-to-rent communities with the proceeds.
Developer flags north Durham for 300 apartments plus pickleball
An apartment community with hundreds of units could be coming to a neighborhood in north Durham.
Are older renters driving higher apartment renewal rates?
“We are seeing older residents stay in rental housing longer,” Chris Finlay said in emailed comments. “The fact is, many...