New RPN Members Mony Grewal and Avi Grewal of SINGH Development, a family-owned and operated real estate development company, are working on a 212-unit multifamily development in Cary and experiencing project delay due to 6, possibly 7 reviews. Mony added that as construction costs rise and interest rates fall, it feels like developers are moving away from fundamentals—where deals make sense because of cost of capital, which is concerning.