Hotel developers are looking for a way to attract new customers while cutting costs. We have seen it before with dual-branded hotels, but is it possible with three hotels on one site? The answer is “Yes, it is!”
The use of the multi-brand strategy has gradually grown in popularity in the U.S. over the past decade. For […]
One of the most significant details that many developers overlook when diving into offsite delivery is transportation liability. Read below and get to know a term that will help you save millions in damages.
There are several key processes needed to get a modular unit from the factory to the finish line. The modular box is assembled in a factory, […]
When you think “prefab,” you often think of prefabricated parts like walls and trusses. Prefabricated bathrooms offer a more developed solution that can increase your speed-to-market.
A bathroom pod is a factory-made bathroom unit that comes pre-installed with mechanical, electrical, plumbing, and HVAC. Once manufactured, it is shipped to an end construction site, ready to use.
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The pandemic slowed sawmill production, supply chains, and factory operations, causing a shortage of construction materials in the United Stated. Now, with the reopening of the economy, builders have returned to the job site following months of lockdown to encounter an alarming materials shortage. What can be done about this?
Shortages of materials are now more widespread since […]
The demand for new housing products right now is strong, but aside from traditional financing challenges, there’s a factor stopping developers—and that is rising construction costs. As a developer, you need to take advantage of every opportunity to make a project profitable—LIHTC might be that opportunity. Read on!
LIHTC stands for Low Income Housing Tax Credits. It provides a […]
You want to start a new project; however, the current economic situation is making you rethink which direction to go. Financing could be a solution, but which type? Today we talk about HUD financing.
When you hear of a ‘HUD PROJECT,’ this typically means the HUD Section 221 (D4) Program is being used.
HUD is an acronym for the […]
We are currently facing an imbalance between supply and demand. Rising building materials costs and low inventory have caused the price of an average, new single-family home to increase by $62,300 since April of last year. Skyrocketing prices mean people cannot afford to buy homes, driving down the pace of recent home sales. Will this alarming trend continue? Read on?
According to Freddie […]
If you are thinking of developing a Horizontal Apartment, you have probably thought about which community amenities to include for the overall project. It’s the era of change in multifamily housing design, and a few updates to the standard multifamily formula could drive up rent, increase occupancy, and lease-up, and ultimately get you the best return on investment (ROI).
A couple […]
For the past year, developers have innovated to stay afloat during the economic standstill and pandemic-related production challenges.
2020 accelerated the need for the AEC sector to make better use of available technology. Now that we are coming out of crisis mode, which of these revenue-boosting Tech Trends should you keep in your toolbox? Two major […]
Much has changed in the multifamily market due to COVID-19, including apartment sizes, amenities, and moving trends, but how do rental rates continue to change? Now four months into 2021, we notice the fluctuation of rental rates even within the same city.
Apartments experienced an unprecedented bifurcation of rental rates over the past year, showing extreme differences among neighborhoods […]
