AIA Database of Stalled Construction Projects

摘要

The American Institute of Architects (AIA) will make available to potential investors a database of stalled building projects nationwide that make economic sense but which lack the financing to be completed. The database will be available in coming months.The database comes as the design and construction industry is plagued by a continuing dearth of credit for otherwise credit-worthy projects. Almost two-thirds of architects responding to a recent AIA survey reported at least one project that is stalled due to lack of financing, despite record low interest rates.