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4 timing aspects impacting commercial construction project budget and schedule.
How the pandemic is transforming the hospitality industry
COVID-19 is speeding the evolution of hospitality From lockdowns to economic slowdowns, from closed borders to closed businesses, the global pandemic has ripple effects that are deeply felt throughout the hospitality industry. The result: the industry is evolving at an exponentially faster rate to meet changing consumer demand. Jones Lang LaSalle IP, Inc. (JLL.com) reports…
Senior housing construction in the plans?
Here’s how design-build boosts speed while keeping costs down When it’s time to select a team to build your senior housing project, did you know there is one simple choice that can change everything about your construction experience for the better? For many people, it’s an option that only recently appeared on their radar. But…
Celebrating 5 Years [INFOGRAPHIC]
When we formed DBS Group five years ago, we knew for certain that we had assembled a team that was talented, tenacious and totally committed to our customers and each other. With those three attributes, we knew we could succeed. Now, five years later, we’re astonished at what we’ve accomplished. And it’s all because of…
Emerging trend toward alternative lenders
Pandemic ripple effects drive investors toward options other than banks For real estate investors, meeting financing needs has become a bit more complicated during a global pandemic. Shifting concerns related to lease contracts have actually driven real estate investors to look toward alternative lending options. Why? Across all real estate sectors, tenants are seeking flexibility…
Lumber Prices are Skyrocketing
Factors converge to drive up the price of wood for construction This summer, we told you about the increased popularity of wood construction, and why it’s more popular than ever. Turns out, wood is once again having a moment, but this time, the news may not be so welcome to those hoping to build with…
This vs. that: Comparing biofilters, porous pavement and underground retention
With all you have to think about during site evaluation for your commercial construction project, there’s one item that can be overlooked: stormwater management.
Mixed-use senior housing in a post-COVID-19 world
Market forces pushed mixed-use to the forefront; now it’s different Just six months ago, we saw a continued meteoric rise — going on a decade — in interest in mixed-use development among those in the senior housing development industry. But today, with COVID-19 at the forefront of our minds, that interest has changed dramatically. Mixed-use…
Construction project financing 101
As a developer, here’s how to get started When it’s time to build or remodel, understanding commercial construction financing is essential to the success of your project. Yes, it can be tedious, and the process can be complex. Of course, you’re not alone: most of us are not savvy to the ways of financing construction…
Pros and cons of “Opportunity Zones”
Two years in, here’s what you should know, including how to best use them After two years on the books, we’ve started seeing the pros and cons of “Opportunity Zones” emerge. The program was introduced as part of 2018 tax reform legislation, providing potential tax benefits for those investing in designated distressed communities in the…