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Rochelle A. Carter-Wilson

Rochelle A. Carter-Wilson
Rochelle is the Content Marketing Manager for Honest Buildings. She creates stories and other on-brand content to inform and engage owners and other members of the Commercial Real Estate industry.
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Recent Posts

The Role of the Landlord

The role of urban landlords and their responsibilities have changed. With tenants leveraging features and amenities aimed at improving worker retention, simply managing buildings is merely the baseline - especially when it comes to evolving urban landscapes and demographics. As the urban agenda draws us closer together, new live-work-play models set the standard for property management moving forward.

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The Smartest Buildings? They Belong to Smart Owners

Riggs Kubiak, speaking on a panel entitled, "Innovation is Reshaping Design, Construction, Development and Creating Smarter Buildings: Practical and Strategic Insights That Can Be Applied to Your Projects and Your Assets" defines smart buildings differently than you might expect. Moderated by Giselle Gagnon of Bentall Kennedy, he was joined by Thanos Lambrinos of QuadReal Property Group, Nick Cameron from Perkins + Will, and Casey Witkowicz of RYCOM Corporation.

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The F-Word

No, not that one. Used broadly across construction, real estate, matters of property and law, our F-Word derives from the Latin fidere,  which means “to trust.”  We’re referencing Fiduciary, the other F-Word. Strictly defined, it describes one held to and undertaking the duties of good faith and trust.

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5 Best Practices You Must Implement for Real Estate Procurement

Between budgeting and building lies Procurement. Commercial real estate and project owners modernized leasing and asset valuation like  VTS, and ARGUS. However, there are inefficiencies yet to be addressed in vendor and bid management processes. The good news is those efforts will be well rewarded since according to CBRE,

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PropTech in 2018, Looking Back and Looking Ahead

As we begin to close out the year and plan for 2019, we thought it might be interesting to look back and then, look forward. What is the impact of technology developed specifically for commercial real estate on our industry, and where will it go from here?

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5 Reasons You Need Competitive Bidding on Your Projects

 

A peer-reviewed study recently demonstrated the value to be gained by opening up bidding. The simple expansion in the number of bidders from 3 to 5 can yield as much as an 11.6% drop in the low bid. 

Competitive bidding has evolved

You don’t need to spend more in terms of time and resources going through the process of bidding than you’ll save in getting a lower proposal. You do need to have good process in place to run an efficient bidding process, but that process should only need to be created once. 

You need a few basic things in place to start building a strong competitive bidding process: 

• A shared directory of up-to-date vendor contact information.

 A standardized bid template.

 A centralized way for everyone on the team to access the most up-to-date documents from any device.

 A clear scope of work.

 Access to your Department of Buildings permit information.

If you’re manually leveling bids, it’s no surprise that your team is disincentivized to invite multiple bidders. With an automated bid leveling tool, you will align your cost-savings goals with the limited amount of time that your team has to manage the process. The software does the administrative work, freeing your team to spent their time on critical business challenges. 

Relationships Matter

The real estate industry is built on relationships. You probably assume the service providers you’ve worked with for years are the best for your projects, and you may very well be right. Familiarity with process, company culture and mutual expectations are strong factors in favor of maintaining a go-to team.

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"Open and Connected"-- The 2018 MRI Software IUC

Billed as a gathering for MRI’s community to mobilize and “gain special industry insights and connect with other users,” we amassed a team and left New York, headed south.

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Changing the Way Owners Manage Capital: Introducing Portfolio Capital Planning Platform 2.0

Capital Planning is a critical element of an owner’s long-term business and asset management strategy. Effective capital plans ensure that commercial real estate owners manage their cash, optimize returns to investors and most importantly, enhance the value of their portfolios.

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Six Pitfalls of Excel in Commercial Real Estate Cost Tracking

By some estimates, more than 1.2 billion users, including most of the real estate industry, rely upon Microsoft Excel. While Excel is a powerful commercial tool for statistical, engineering, and financial data tracking and analysis, the software was not designed primarily for use as a collaborative platform—an environment in which the commercial real estate and construction industries thrive.

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Sweat the Small Stuff: Capital Planning and Small Projects

Capital Projects are intended to maintain or improve asset value.

Owners routinely optimize operational efficiencies on large-scale, multi-million dollar jobs like lobby renovations, landscape upgrades, or full remodels. Projects of that scale require considerable time and resources, and their success or failure greatly impacts the value of the entire portfolio.

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