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Developers: Increase ROI with Opportunity Zones

Keeping up with trends and updates of 2021, today I talk about a term used in development—Opportunity Zones. Not sure what it is and how you can benefit from it—read on!

What is an Opportunity Zone?

An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.  Localities qualify as […]

By |May 19th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

With Skyrocketing Lumber Prices—Consider Steel

Material shortages are a widespread concern for all U.S. industries—the multifamily building industry being one. According to the National Association of Home Builders (NAHB), the rise in lumber prices in the past year has added $35,872 to the price of an average new single-family home and $12,966 to the market value of an average new multifamily home.

Skyrocketing […]

By |May 12th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Developers: Good signs for the hotel sector

Lately, we’ve talked a lot about multifamily products–this is where most of our work has been in the last year. We see an interesting trend popping up–over the last 4 weeks: a dramatic increase in the number of hotel projects moving again! It was certainly a rough 12 months for hotel development, but we see some great signs […]

By |May 6th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Developers: Robots can build your next project

As you already know, we are engaged in the 4th Industrial Revolution, and it’s hard to keep up with the many innovations in the construction industry. We know you can’t afford to fall behind on this—that is why this week, I give you a brief overview of robotics and how you can leverage automated modular methods to […]

By |April 28th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

A Solution | The Modular Elevator

For the past two weeks, I have discussed elevators—if you need one and what type? Now for the fun part! Today I download everything you need to know about Modular Elevators.

What is a Modular Elevator?

Modular elevators are turn-key, commercial-grade elevators that are manufactured offsite for speed and quality. They arrive on-site with a prefabricated structural body containing a steel shaft […]

By |April 22nd, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Developers: Make sure you pick the right elevator!

Last week we spoke about elevators—if they were needed or not! Since projects often require elevators, today we are going to describe the different types.

Elevators are designed and fitted according to the building’s population capacity and code requirements. In the past, most elevators had to be controlled through a centralized machine room. Today, most elevators don’t […]

By |April 19th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Developers: Do you really need an elevator?

Lately, I have discussed amenities for multifamily projects. Now it’s time to talk about elevators! Does your project need one?  If so, how do you select one? I am here to help.

Do I Need an Elevator?

Elevators are the most common way to provide inclusive access to multistory buildings. They are often the only way residents with accessibility needs […]

By |April 13th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

2021 Multifamily Trend to Watch | Horizontal Apartments

Builders are struggling right now to put up entry-level homes at a reasonable price. The high costs of land, labor, materials, and regulation make building low-cost homes less lucrative for developers, shifting the market towards rental properties and apartment communities.

With the current migration to the suburbs, renters are looking for additional space and a neighborhood […]

By |March 24th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Developers: Here is where to build in 2021

As discussed in a previous week’s newsletter about trending amenities, many aspects of American life have been significantly impacted by the pandemic, changing the way we live and work. Due to the shifting economy, rise in remote work opportunities, and desire to relocate to less densely populated areas, people have decided to move. Where is everybody going?

Around one-in-five […]

By |March 17th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments

Developers: Amenities to include in your 2021 projects

The world of multifamily amenities has significantly changed in the past year and renters are willing to pay more if it means living in a unit that has premium amenities and upgrades that make their day-to-day lives easier and more enjoyable. In a Schlage and Wakefield Research survey of 1,000 U.S. multifamily renters, 86% of millennials say they […]

By |March 10th, 2021|Hotel Construction, Hotel Design, Hotel Development|0 Comments