Historically, commercial property is a powerful investment and relatively stable vehicle for preserving wealth. Property development is the purchase of property or land with the intention to add value by renovating, extending, or refurbishing the produce positive ROI. Commercial property development is valued at the potential income it can generate for the owner. The advantages of developing a property are cash flow, lower vacancy rates, available tenants, and higher income potential. The most attractive developments are apartment complexes, student housing, office buildings and storage facilities.
Land Development Trends 2022
Multifamily outperformed in 2021 and will likely continue in 2022.