WASHINGTON, D.C.: Not-for-profits are likely to enter more joint ventures as they radically scale up homes built for open market sale, major house builders have said.
A major developer believes not-for-profits are planning to alter development plans to build half their homes for market sale.
Despite a recent hiatus as not-for-profits reassess development plans, the developer expects opportunities for joint ventures to increase in coming years as not-for-profits increase their exposure to market sales….