Dan Rosenberg, principal in Much’s Construction group, discussed how to spot financial distress in the construction industry in his latest article for Construction Dive. He points to signs that indicate when project owners or developers are experiencing problems, including sudden slowdowns in payments, significant turnover in personnel, and more. Rosenberg outlines considerations businesses can take to protect themselves when they suspect an owner or developer is in financial distress.
Much principals Scott Fradin and Rob Glantz also contributed to this piece.