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All Forum Posts by: Jay Shawn

Jay Shawn has started 1 posts and replied 3 times.

Land & New Construction

Post: New Multifamily Development in Philadelphia

Jay ShawnPosted
  • Posts 3
  • Votes 0
Originally posted by @Kyle Altenau:

I wouldn't be able to give you a good idea, but I could connect you with a local builder that may be able to give you an idea if you'd like. 

HI Kyle, I would really appreciate if you could connect me to the local builder. Thanks in advance. 

0 Votes
Land & New Construction

Post: New Multifamily Development in Philadelphia

Jay ShawnPosted
  • Posts 3
  • Votes 0
Originally posted by @Sean McKenna:

Lots of variables there, Jay. Chiefly build height (steel vs stick), location, prevailing wage, etc. Between $145-$175 is probably safe. 

 HI, Are you referring only to the construction cost or inclusive of soft costs?

0 Votes
Land & New Construction

Post: New Multifamily Development in Philadelphia

Jay ShawnPosted
  • Posts 3
  • Votes 0

Hi, I am currently underwriting a 50 unit multifamily project in Philadelphia, PA. Can anyone advise on an average cost of ground-up construction in Philly?

0 Votes