Yahoo Finance
Jun 4, 2025
Facing global trade uncertainty, developers like BLDG Ventures’ Rene Bello are securing materials early and rethinking sourcing strategies.
In the face of new tariff threats, apartment developers are preparing by fast-tracking procurement and reevaluating their supply chains. In this Yahoo Finance feature (syndicated from Multifamily Dive), BLDG Ventures CEO Rene Bello shares how his team is mitigating cost risks by ordering materials months in advance and engaging directly with international vendors. From shifting away from Asian suppliers to selecting U.S.-made fixtures, developers are balancing cost, timing, and risk. Other leaders in the space echo similar strategies, emphasizing collaboration with contractors and flexibility in purchasing to weather potential construction price hikes.