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Developer Writes Big Equity Checks To Fuel Its US Pipeline As Banks Pull Back

Southern Land Co.'s Development Pipeline Includes 11 Apartment Projects
Southern Land CEO Tim Downey told CoStar News his company is writing big equity checks to get projects started. (Southern Land Co.)
Southern Land CEO Tim Downey told CoStar News his company is writing big equity checks to get projects started. (Southern Land Co.)
CoStar News
August 5, 2024 | 8:53 P.M.

The strained capital markets environment is forcing some developers such as Southern Land Co. to use more of their own equity to get projects across the finish line.

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