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Don't Let Legal Agreements be Showstoppers: A Project Management Checklist

Standard legal agreements are intended as a safeguard for owners.
Project management teams that fail to anticipate agreements and compliance matters risk costly delays, e.g., change orders, rework, fines and penalties. Be informed, to ensure that practical matters never become showstoppers.

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Commercial real estate organizations rely upon the expertise of project management teams to navigate construction and development across the assets under their control from start to finish. Each successful project results from informed planning, with adequate consideration given to codes, ordinances, legal liability, and compliance.

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From Millennials to Technology: Betting on What Will Change the Real Estate Industry

“Millennials will comprise 75% of the workforce by 2029. Their demands, unlike any previous demographic, have a significant impact on commercial real estate.”

Predicting the future of commercial real estate in the interest of heavily invested portfolios will never be easy. However, owners continue to make 5 to 10-year projections as they seek out value and cutting edge solutions. 

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Underspending Your Capital Budget

JLL found that some of the world’s best companies:

Miss capital plan targets for office real estate by $12.2 billion every year, a monstrous-sized figure. 72% of that money is underspent...

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Why Innovation Matters & 3 Ways to Practice it Daily

Every once in a while, a new technology, an old problem, and a big idea turn into an innovation.

Dean Kamen

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What Could Owners Accomplish with Accessible Data?

Effective data-driven decision making lies in having access to the right resources. The right resources make all the difference.  When it comes to maximizing insights for commercial real estate owners and outcome owners, the question is,

“How do we aggregate historical project data to make smarter decisions going forward?"

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Solving The Owner's Dilemma

Within effective relationships, everyone learns, and everyone teaches.

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Six Elements of Successful Capital Plans

Capital projects build revenue by making assets more competitive in the marketplace, allowing them to draw higher rents. Capital projects also reduce operating costs by managing the cost of running those assets.   

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Collaboration: Aligning Acquisitions with Asset Management

Cross-Functional, but Not Aligned

A recent cross-functional conversation among commercial real estate professionals surfaced an interesting conundrum; acquisition teams should routinely collaborate with asset management groups, but don’t. Why not?

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Change Management in CRE: When and Why Change Becomes Inevitable for Owners

Commercial Real Estate has historically been resistant to change, especially when it comes to adopting new technology. However, according to the Business Learning Institute,

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Three Reasons Why More Bidders Offer Greater Project Value

Commercial real estate owners’ primary mandates are creating value and maximizing investor returns. Informed decision-making contributes to better quality projects and reduced costs, leaving more capital available to ensure that owners will accomplish those goals consistently throughout the asset’s lifecycle.

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