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Exact(26)
Speculative projects are generally avoided.
Most lenders have become skeptical about real estate and are increasingly refusing to finance speculative projects.
Less than half the space in the speculative projects was leased up by year-end.
But the focus of the new construction, they added, has increasingly been on speculative projects.
But he added that development had since slowed — especially speculative projects along the central Pacific coast.
Mr. Lowder, whose bank does finance residential developments, said it had avoided speculative projects.
Similar(33)
"We should not approve a speculative project," Mr. Yassky told the subcommittee.
It was in fact the US that turned Durand-Ruel's long-term speculative project into a financial success.
Heller Industrial Parks is taking a different tack in Edison, where it has begun work on a speculative project.
The Prius that has been converted to allow two-way flows of electricity is a more speculative project.
That is a reference more likely applied to an ambitious Fifth Avenue mansion than to a speculative project.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com