Introduction: Did you know that investing in real estate development projects is a hedge against inflation? Read more and come join us! Real Estate Development Building new structures and altering existing ones to boost a property’s value is known as real estate development (also known as property development). Generally speaking, this entails converting the land […]
REAL ESTATE DEVELOPMENT AS A HEDGE AGAINST INFLATION Read More »
Introduction: If severe flaws are not discovered before purchase, you may be in a world of turmoil as a new owner. To avoid “buyer’s remorse,” real estate investors use due diligence techniques to analyze a deal before closing on a purchase. Find out how you can avoid these flaws as much as possible via your
DUE DILIGENCE IN COMMERCIAL REAL ESTATE Read More »
Hiring a contractor is a big step. You are considering several factors during this process. Regardless of the type of project you are working on, it is critical to hire the right company. The first step in selecting a general commercial contractor for your project is determining what type of construction or renovation you require.
5 THINGS YOU MUST DO WHEN HIRING A QUALIFIED GENERAL CONTRACTOR Read More »
No commercial development project is without hiccups from start to finish. These projects can be time-consuming and costly, requiring multiple site plan revisions and meeting various municipal requirements. The planning stage of your project may involve dozens of zoning and design variations to satisfy the requirements of the municipalities. Because multiple municipal entities will most
3 SIMPLE AND EFFECTIVE SOLUTIONS IN CASE OF PROJECT SITE PLAN REVISIONS Read More »
If performing due diligence for a commercial project site is analogous to preparing for take-off, then the Environmental Site Assessment (ESA) is part of the aircraft check that gives the green light to fly. An ESA’s purpose is to identify potential contamination in the soil and groundwater before purchasing the land. Its findings can either
WHAT MAKES ENVIRONMENTAL ANALYSES IMPORTANT? Read More »
If the Phase 1 Environmental Site Assessment (ESA) for a single-tenant build to suit identifies any likelihood of contamination in the soil, groundwater, or a vapor intrusion condition, then ordering a Phase 2 ESA is the smart next step to investigate further. ESAs in Phase 2 (Sub-Surface Environmental Testing) Phase 2 ESA’s goal is to
4 MOST EFFECTIVE TIPS DURING PHASE II ENVIRONMENTAL ASSESSMENTS Read More »
The entitlement process has always been complicated, time-consuming, and frequently expensive. However, understanding what can be done with a piece of property is essential for determining the real estate feasibility of your project. The land entitlement phase, generally regarded as the riskiest, is a process by which the development entity obtains the legal right to
CHALLENGES AND DIFFICULTIES OF LAND ENTITLEMENT Read More »
What exactly is value engineering? Value engineering investigates and compares alternative means, methods, and materials to initial construction costs. It’s also important to consider the impact on future costs when building to suit. This commercial real estate development stage is used to solve problems and identify and eliminate unnecessary costs. But this method isn’t just
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As part of our effort to deconstruct the value of hiring various professionals (such as general contractors or architects) to assist in the development process, let’s take a look at a profession that has been critical in nearly every aspect of the built world: civil engineer. Hiring a good civil engineer is essential for the
4 BENEFITS OF HIRING A CIVIL ENGINEER Read More »
When finding a location, you may already be familiar with the fundamentals of the site selection process in build-to-suit development. However, as technology and data become more sophisticated, your approach will need to become more detailed. “The goal is to turn data into information, and information into insight,” former HP CEO Carly Fiorina said. Here
3 STRATEGIC TIPS FOR SITE SELECTION Read More »
