Is It Necessary To Fully Fund Depreciation? Often when providing Reserve Studies we are asked, “When funding replacement reserves, should we adopt a Fully Funded Plan (funding accumulated depreciation) or is a Threshold Funding Plan (based on a ca...
As the leader of a senior living community, you are constantly balancing resident satisfaction, operational efficiency, and careful budgeting so when it comes time to renovate common spaces and corridors, it’s important to take a strategic appr...
For over three decades, zumBrunnen, Inc. has been the trusted partner for discerning investors in the multi-family facility industry. Their reputation is built on delivering unbiased, professional guidance that ensures project success, budget adheren...
Conduct Perimeter Check Twice a Year by Daniel J. Williams, Senior Project Manager, zumBrunnen, Inc. Ben Franklin coined the phrase, “An ounce of prevention is worth a pound of cure.” As independent building consultants, we subscribe to that th...
By Rob Milam, CEO, zumBrunnen, Inc. Decisions to replace capital budget items are often based on your company’s business model or objectives along with other drivers. These may include available funds, competition, changing demographics, eff...
by Daniel J. Williams, Senior Project Manager, zumBrunnen, Inc. Water penetration is a building’s worst enemy. Stucco, exterior insulation finishing systems (EIFS), concrete, and masonry are prone to cracking in climates with extreme temperature c...
This paper explores the advantages and disadvantages of different types of funding plans, and it is the second half of a two-part article. For additional background information, please see the first article: Reserve Study Best Practices & the Mos...
Managing a large-scale construction project can be incredibly challenging as there are so many moving parts involved. In order to get your project to the finish line, you must juggle responsibilities such as meeting with contractors, obtaini...
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, though, give consideration to partnering in this requirement and hire an independent...
As a leader in a religious school, you understand the importance of nurturing not just the spirit and mind, but also the body. Athletic facilities play a crucial role in this holistic approach to education. However, undertaking such projects comes wi...