Real estate in Connecticut and nationally is a complex topic, being marked with both challenges and opportunities.
That has always been true, of course, given the sheer expanse of the United States, its people-on-the-go nature and an American reality grounded by constant reinvention and evolution.
A recent in-depth media report on real estate trends and projections underscores the “large and dynamic” market forces that will centrally inform the scope and direction of real estate in future years. Key research findings from a massive study effort conducted by the nonprofit Urban Land Institute and PricewaterhouseCoopers are both myriad and meaningful.
Many readers of our business law blogs at Berdon, Young & Margolis in New Haven interested in the real estate sphere might reasonably find them to be energizing and exciting. Here are some spotlighted trends:
- Upsides for builders, contractors, lenders and other principals in the residential housing sector
- Considerable amount of accumulated capital seeking viable investment opportunities
- Profitable growth avenues from involvement in new forms of living/shopping spheres in urban areas
- Suburban expansion of planned communities
- Many and diverse new investment opportunities in the realm of senior housing
Empirical evidence underscoring the continued traction and durability of the American commercial and residential real estate markets comes as no surprise to experienced business law attorneys. The country’s resiliency and proven entrepreneurial track record time and again yields new opportunities for creative and proactive industry participants.
We welcome contacts to our firm from business owners and managers concerning any commercial law matter.