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A Construction Lending Update

How your firm can achieve better protection through tightened risk-management practices.

By Joseph Bonin | Updated on June 26, 2013

Better Protection through Tightened Risk Management Practices

Earlier this year, we reported a rapid pick up in construction activity. The recovery of the residential housing market has been steady since 2011 – led initially by a rise in multi-family and student housing construction, and later boosted by a revived demand for single-family homes. The US Census Bureau’s latest residential construction figures for May 2013 show a steep increase in multi-family housing starts (up 28.6% from May 2012), and a steady rise in single family-housing starts (up 16.3% from the year before).

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