Construction

TOP 5 CONSTRUCTION RISKS AND HOW A PREFERRED DEVELOPER CAN ASSIST

Leave a Comment / Developer, Development, Risks / / October 5, 2023 / , , , , ,

Summary: How can you worry less about details and hazards and more about your business? Building will always have difficulties. Reducing risks leads to significant gains. Preferred developers are willing to assume the risks of real estate development. Some risks have very high payoffs. Others provide significant difficulties. Both are prevalent in commercial real estate development. […]

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3 WAYS TO AVOID CHANGE ORDERS IN CONSTRUCTION

Leave a Comment / Construction costs, Development, Strategies / / September 17, 2023 / , , ,

Summary: Change orders are inevitable in commercial development, but how you prepare for and handle them can affect project success. Looking for ways to avoid change orders? Learn more here! Changes may be made to any commercial construction project along the route. Change orders are unavoidable, even with the best strategy and team. In actuality,

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5 UNPREDICTABLE FEES FOR BUILD TO SUIT CONSTRUCTION

Leave a Comment / Build to suit development, Construction costs, Development, Engineering / / September 15, 2023 / , , ,

Always be prepared for the unexpected, (whatever “they” are). That’s what effective planning entails. Unexpected expenditures may always arise while developing a business property. Broad criteria such as area, size, building type, and the market will often play the most effective in deciding the expenses of a build-to-suit project. If you’re unprepared, several things you

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ENSURING CONSTRUCTION QUALITY USING SPECIAL INSPECTIONS

Leave a Comment / Construction costs, Development, Guarantees / / September 4, 2023 / , , ,

It is crucial to ensure that quality development projects are carried out to guarantee that customers will be pleased with the final product. The staff, the subcontractors, the materials, and the procedures should all be included in quality control, although this should not be considered an exhaustive list. For instance, not having proper inspection protocols

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IMPACT OF INCREASING CONSTRUCTION COSTS ON PROPERTY

Leave a Comment / Construction cost, Development, Risk / / July 28, 2023 / , , , ,

Rising construction costs were respondents’ top real estate and development concern in ULI’s Emerging Trends in Real Estate 2019 survey. Construction costs have steadily risen due to rising material costs and labor shortages. These costs have a significant impact on the value of existing buildings as well as new construction. Property value influencing factors Because

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THIS EFFECTIVE PUNCHLIST WILL SOLVE YOUR CONSTRUCTION PROBLEMS

Leave a Comment / Construction cost, Development, Engineering / / August 8, 2023 / , , ,

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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