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Where is real estate development headed in 2023...

Ken McElroy Show

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Are You Going to Get 1500 or 1700?

At certificate of occupancy, what that means is that the city said, okay, these are all ready to be moved in. So they might not have renters in them yet. Some of them most likely do. But then at that point, the only risk is do we, can we fill this up? And are you going to get 1500 or 1700? That's it. I would take that. Because all the construction risks is all gone. Right. We saw that last time with the, you know, with the guaranteed rents. You look at it and MC companies has got 112 units in here. What does MC companies do it guys? That's what you're going to see next.

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