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Large-Scale Projects Face Financing Challenges
2 Oct 2024
News
Lately, securing financing for large-scale development projects has become increasingly complicated and nuanced. Executives looking to expand facilities or select new locations must navigate myriad challenges, from volatile capital markets to stringent investor expectations.
That’s because in 2023, capital markets encountered disruptions reminiscent of the 2008 global financial crisis. The Federal Reserve's ongoing efforts to combat inflation through interest rate hikes resulted in borrowing costs reaching their highest levels in over a decade. The cumulative effect of these measures made it extraordinarily difficult for companies and developers to secure the necessary funding for their projects. Money was essentially frozen.
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Mall takes over U-Haul services
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