When it comes to value-add projects, knowing the construction process, including accurate costs, is essential. A sponsor can get in over their heads quickly if they don’t know how to manage construction.
Jeff Rosenfeld, Executive Vice President and Chief Business Development Officer of Adivo Construction, a national General Contracting company, specializes in value-add multifamily. He discusses the different aspects of rehab projects and why it makes sense to deal directly with a General Contractor.
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