Bisnow Media

Rising material costs, diesel prices, and financing costs are causing more developers to postpone, scale back, or completely scrap projects, as we've been discussing.

So let's get into this headline we saw in Bisnow and talk about what's driving that and some of the projects that have already been impacted that they mapped out here.

Yes, this will be interesting for, say, like mid and longer term if the development pipeline cools significantly, what that could mean for the ability for some areas of CRE that have been hard hit by supply pressure, say specifically multifamily.

It might give them a little bit more runway to push rents over the long term.