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In Praise of Escrow for Taking Tension Out of Construction Payments

January 30, 2023

Via: ENR

I was working for a general contractor on several fast-track student housing projects in the late 1990s to fill a need in the Boston area, especially on smaller campuses that had limited space. One fast-tracked campus apartment project I remember started with a lot of positive energy because everyone was excited to be part of what at the time was a new process. Most of the individuals involved saw it as a challenge.

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