An excerpt from the July 25, 2007 issue of ConstructionDigital

In the midst of a major market slump, Coscan Construction
finds the key to its success is in being small and flexible

Written and produced by Andrea Orr & Sean Bakke—July 25, 2007—How do you continue to grow in an industry like real estate where sales and property values have slumped so much that some people are walking away from their investments, rather than get saddled with mortgage payments on an overpriced condo?

Coscan Construction, which expects its 2007 revenues to be double 2005 levels, says the key is to stay relatively small and be flexible.

Coscan’s President Mike Neal says it was his resistance to excessive expansion during the real estate boom a few years ago that helped him manage in these more troubled times, even though he operates in South Florida—on of the regions hardest hit by the real estate slump.