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August 9, 2021 Uncategorized

Customized Solutions

During this difficult time for the real estate industry, Atlanta-based zumBrunnen, Inc., a national construction and property services consulting firm, is helping owners, developers and investors meet their objectives. President and Founder John zumB...

August 9, 2021 Uncategorized

Due Diligence and Profitability

Longwood at Oakmont is a non-profit continuing care retirement community (CCRC) located in Plum Borough, Pennsylvania, 13 miles from downtown Pittsburgh. By early 1997, the seven year-old facility was ready for the Phase III expansion. This expansion...

August 9, 2021 Uncategorized

Prescription for Building Success

It is time. The financial package is in place, the building permits are displayed, and the contractor is on site ready to break ground. Most importantly, you are confident of your facility’s long term success. Even the market analysis indicates that ...

August 9, 2021 Uncategorized

Will You Have Adequate Capital Replacement Funds for the Future?

An effective strategic capital replacement plan requires that a facility owner consider their business model and objectives as primary guidelines in the process.  Decisions to replace capital budget items are often based on your business model o...

August 9, 2021 Uncategorized

Energy Conservation: Learn How Recommissioning of HVAC Systems Improves Efficiency

In my last newsletter article, I discussed the new trends in energy codes, conservation requirements and required benchmarking reporting for both new construction and existing buildings. I stated future articles would explore energy savings initiativ...

August 9, 2021 Uncategorized

Energy Savings Initiatives to Improve Building Efficiency – Building Envelope

In my newsletter articles this year, we have been discussing new trends in energy codes along with energy-saving initiatives that Owners could take right now as part of their normal operating procedures and capital replacement plans.  The last a...

August 9, 2021 Uncategorized

Construction Monitors: How Borrowers, Lenders, Developers, and Investors Can Better Partner

If your project financing includes banking with a commercial real estate lender, chances are your lender will require the services of a bank inspector.  The borrower may have some say in this matter as to whom this will be.  As an alternati...

August 9, 2021 Uncategorized

Why Smart Developers & Equity Partners Add Third-Party Independent Construction Consultants to Their Team

In my previous “Construction Monitors” article, I promised to discuss the perspective of the developer (owner/borrower) and equity partners for hiring an independent third-party construction consultant to monitor their development projects. Most ofte...

August 9, 2021 Uncategorized

How to Avoid Capital Budget Shortfalls

Remember as a child when your allowance never seemed to be enough?  Isn’t it ironic that capital expense replacement budgets are much like your allowance?  These budgets often come up short and are often established by others. The good news is it ...

August 9, 2021 Uncategorized

9 Best Practices for Real Estate Asset Management

This white paper outlines best practices for the successful asset management of real property including buildings, grounds, furnishings and equipment. Whether you manage a single property, multiple buildings or a portfolio of real estate holdings,...