Interest rates smothering developer’s $1B Pinch plans
The sentiment among almost anyone who can read a balance sheet is developments that couldn’t get off the ground in the past three years are going to need a lot more than luck in the inflation the Federal Reserve is trying to control with interest rates.
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Jane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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