Que pasa! MFH Developments

[Joshuam R.]

100% involved in the A.E.C. industry. Through my W2 environment we service our clients with BIM VDC engineering services for Construction Permitting documents. While on the field construction activity will still be visible for many people for ongoing current projects and even few months down the line, on the other hand for new future possible projects a few weeks later after we received word that geotechnical proposals requests are down/low for future MFH developments, etc. On our own court we are already feeling the effects of this "temporary" downturn. Big projects from multiple big players are on hold now back-to-back instantly in the month of May/June. Only a handful of new projects are in and is typically from General Contractors that are doing their very first MFH development.

In summary I see big players pumping the brakes hard, and new players starting to drive.

For the big MFH investors / master builders, in your game of chess and your current strategy for your organization what are the factors of currently doing this at this moment.

Is this current strategy due to the new 40yr loan products that may be affecting, waiting to see the unknown unfold in the market?

I know the small players are reaching for the new opportunities, but the big players holding is for what?