EP 170: How Construction Costs, Labor Challenges, and AI Innovations Are Shaping Real Estate

Join our host Dr. Mike McManus as he dives into the complexities of today's construction landscape, from stabilized but high costs and ongoing supply chain issues to labor shortages and the transformative role of generative AI. He examines the impact of federal policies on financing, the rise in construction costs across major cities, and the shift in industrial investing trends. Mike also highlights the growing importance of asking tough questions in real estate deals to navigate these challenges effectively. Tune in for an eye-opening discussion on how these factors reshape the future of construction and real estate.

 

What you’ll learn from this episode

• Impact of stabilized construction costs
• Understand the challenges posed by labor shortages in the construction industry, including the impact of an aging workforce and decreased interest from younger generations.
• Influence of Federal Legislation
• Gain insights into how generative AI is being integrated into the construction industry to enhance efficiency and productivity.

• Explore the shift from multifamily to industrial real estate investments, the rise of new investors through crowdfunding, and the strategic considerations for evaluating industrial versus multifamily projects.
  
  

What to anticipate soon, stay tuned!

• Mike will soon commence hosting webinars to offer an interactive learning experience!
• Facebook Live: "Ask Me Anything"  an interactive 30-minute question and answer session on a weekend morning coffee
• The Fortress Capital Investors Club Launch

Connect with us

If you’re a busy professional who wants to know more about growing your wealth through real estate, contact us at welcome@thefortresscapital.com | TheFortressCapital.com  

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