Development

WHAT YOU NEED TO KNOW ABOUT CRE ZONING REPORTS

When it comes to purchasing a commercial property and the ever-changing zoning laws of municipalities, obtaining a zoning report is a best practice. Lenders typically require it, but ordering one will give you peace of mind that your intended use will be compliant. You should be well-versed in everything you need to know to finish […]

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CHANGE ORDERS CAUSE ADDITIONAL COSTS

To ensure that construction costs are well managed, thorough planning and budgeting are implemented. However, some things will need to be changed down the road. It is where change orders come in. Change orders do not always result from poor budgeting and planning or construction errors. Sometimes they are caused by events beyond the stakeholders’

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THIS EFFECTIVE PUNCHLIST WILL SOLVE YOUR CONSTRUCTION PROBLEMS

Construction projects, like all good things, must come to an end. When they do, however, it should never be a set-it-and-forget-it situation. You must ensure that all aspects of your development project have been considered. In the construction industry, this means making a construction punch list. Introducing technology into the industry has already helped improve

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USEFUL CHECKLIST FOR PERFORMING DUE DILIGENCE WHEN BUYING CRE

Whether buying land during the commercial real estate development process or buying real estates, such as a net lease investment or a regional shopping center, conducting due diligence should always be a thorough, intricate process. Furthermore, no two transactions are alike. Discipline is required to unlock value in commercial real estate. The preliminary due diligence

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FACTS ABOUT DATA-DRIVEN SITE SELECTION

You might believe that all it takes to find a new build to suit an opportunity in real estate is a quick CoStar search. There is, however, much more to understand about the site selection process for a more practical and strategic approach. The world’s most valuable resource, according to The Economist, was oil. It’s

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5 DUE DILIGENCE ITEMS YOU MUST HAVE

Inevitably, the risk involved during the project life cycle of a single-tenant build to suit development is highest during the preliminary due diligence period. As the name implies, the investigation of more than 100 items for the potential site should be done thoroughly and with great care. Please save this handy list as a quality

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5 DUE DILIGENCE QUESTIONS TO ASK DURING SITE SELECTION

“Location, location, location,” perhaps the most overused real estate term to date, still rings true during the site selection process today, even if the business and technology have changed. Other factors, such as site engineering, are examined in the site investigation report (SIR). Still, several others are frequently overlooked when attempting to make the best

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