Insights
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…
David Reay’s partners with DBS Group to expand patio
David Reay’s Modern Diner + Tavern has retained DBS Group as design-builder for a patio expansion. The planned patio expansion at the SW corner of the building will help accommodate additional demand for outdoor seating and will also be available by reservation for private events. Construction is scheduled to start mid-May, with completion by the…
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…
DBS Group appoints new project coordinator
DBS Group has hired a new project coordinator to join its Rochester, Minnesota, operations. Nicole Finne joined the design-build construction firm last month. Finne brings 28 years of industry experience to DBS Group. In her most recent position, she served as senior project coordinator for a commercial construction company. There she oversaw contract administration while…
DBS Group adds new project engineer to team
DBS Group has hired a new project engineer. Austin Jones joined the team last month to help manage the company’s growing number of design-build construction projects. As a project engineer, Jones will work closely with project managers, project estimators, project superintendents and clients, working onsite and in the office, to manage project documentation and ensure…
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…
Using lighting to improve productivity
Early in the design phase, it’s essential to think about office lighting With so many decisions to make when undertaking a new facility or renovation of an existing business space, it’s easy to put lighting on the back burner. After all, it’s just a lightbulb and switch, right? Not so fast. It turns out lighting…