Multifamily Executive Leadership Summit: Day Two Takeaways

Alliance Residential Company’s Andy Clay, managing director for the Mountain Region, spoke at the MFE Leadership Summit in Vail as a featured panelist for “Shaping the Next Cycle: What Developers Are Betting on in 2026.”

“We’re seeing incredible partnerships with subs on hard costs where on some deals they are doing them just to break even, but they know that our execution and site supervision knows how to keep them moving so they don’t lose money. That’s getting them more aggressive on the bidding side,” said Andrew Clay, managing director of the Mountain region for Alliance Residential. “It is a great window right now, and it’s not going to last forever. It may not go down any more than it is right now.”

However, he noted as soon as the subcontractors get wind of capital loosening, they will start to build back in profit and costs will go up.

You may read the full article published in Multifamily Executive.