Building Dimensions
Recreation market exploding due to COVID
Outdoor recreation businesses experiencing increased demand The global pandemic may have wreaked havoc on the international and domestic travel industry, but the outdoor recreation market is experiencing demand that has gone through the roof. That includes businesses that sell both big and smaller ticket items, including many segments of the recreational vehicle market, as well…
The importance of wayfinding in memory care settings
You can build new or remodel to meet projected demand We know the wave of baby boomers is coming, and with them, an increased need for memory care settings with appropriate wayfinding. The U.S. Census Bureau reports that 20% of the population in the states will be 65 and older by 2030. And the Alzheimer’s…
This vs. that: fire sprinklers and commercial properties
Here’s what you should know about fire sprinklers and your commercial property Whether you’re considering retrofitting an existing commercial property with a fire sprinkler system or evaluating a new ground-up project, a commercial property’s sprinkler status can have wide-ranging impacts — from life safety requirements to insurance considerations to protection in the event of a…
Investor optimism emerges in senior housing survey
Here are the takeaways giving industry insiders hope Senior housing industry experts view the industry outlook with a measure of positivity these days, waiting with expectant optimism for a potential increase in occupancy in the coming year. That’s according to an investor survey recently released by CBRE. The sector, according to senior housing investors, is…
Senior housing co-ops or market rate rentals: comparing investments
Comparing building senior housing co-ops and age-restricted market-rate rentals As a real estate investor or developer, the real estate sector you select to explore for investment opportunities can be a significant factor in your investments’ success. In the past year alone, as the pandemic disrupted the real estate market, we saw certain industry sectors challenged…
The multifamily housing market is poised for growth
Here’s what’s emerging in 2021 The multifamily market is expected to experience a faster rebound in 2021, particularly for assets in the Midwest and Southeastern United States. In fact, analysts anticipate a surge in demand for multifamily housing, particularly as the U.S. economy begins to recover in the wake of the COVID-19 pandemic. Why multifamily…
Housing supply gap looming for middle-market seniors
Affordable senior housing demand forecast presents an investor opportunity Meeting housing demand for middle-market seniors is emerging as one of the significant challenges of our time. With boomers setting their sights on retirement and the substantial middle-market indicating future demand for affordable housing, supply gaps in many markets have become apparent. This signals an opportunity…
What’s the secret to design-build success?
Understanding the benefits of having a Single Source of Truth (SSOT) Reliance on the design-build model of construction has quickly grown in recent years, as this novel approach’s benefits have become more apparent. In fact, experts estimate this year, nearly half of construction projects will be delivered by the design-build construction model. The reasons are…
Tech paves the pathway to the future of senior housing
Pandemic accelerates industry’s technology adoption As the global pandemic took aim at senior population centers, senior housing responded by adopting technological solutions to the fight against COVID-19. And as leaders in senior housing brace for boomers to retire en masse to the tune of 73 million by 2030, these tech solutions are likely to carry…
The future of vacant office space
Here’s what to expect with the shift toward remote work The impact of COVID-19 on the American workforce has created seismic shifts toward working from home for people in many industries. For investors, owners and developers, the future of office space, some of which sits vacant as the pandemic lingers, remains in question. Will workers…