The construction of a real estate asset completely from scratch. The starting point is either raw, undeveloped land or the complete tear-down of any existing structure. This is one of two general types of construction projects. The other is a renovation, in which contractors rebuild some of the structure’s components, but leave some or most structural elements intact. Pertains to real estate investments
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bsmith@carofin.com2022-06-21T16:41:28-04:00