United States:
Cost Trend Update Bulletin – July 2018
26 October 2018
Duff and Phelps
To print this article, all you need is to be registered or login on Mondaq.com.
The Duff & Phelps cost trend update is now available
for both the Construction Cost and Equipment Cost indices. This
trend update dates back to 2015 and shows how the last four years
has been relatively stable for construction after a decade of
volatility, while the equipment cost indices continues to show
moderate year-on-year changes. Please be reminded that these
indices are just average indicators of change and they are not
absolutes. Duff & Phelps advises that after five to seven
years, you should establish a new replacement cost basis by using a
qualified valuation professional. Please contact Brad Schulz at
Duff & Phelps to discuss establishing a new replacement cost
basis.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Real Estate and Construction from United States
Exiting Commercial Real Estate Joint Ventures
KI Legal
Exiting a commercial real estate joint venture can be a complex process that requires careful planning and execution. Exiting a joint venture requires a thorough understanding...
Beyond Closing: The Power Of A Gap Indemnity
Dickinson Wright PLLC
In a typical real estate transaction, there's often a critical period between the closing and the official recording of documents—a period aptly known as the "gap."
5 Trends To Watch: 2024 Florida Real Estate
Greenberg Traurig, LLP
Following last year's implementation of Florida's Live Local Act, which aims to increase the supply of affordable housing statewide, we expect to see developers look to take advantage ...
Beware Of Bogus Construction Back Charges
The Cromeens Law Firm
Recently, I have had several cases where my clients were being assessed large back charges on commercial projects. Only to find out, after a little digging, the evidence relating...