Being involved in a large-scale construction project can be incredibly exciting and has the potential to translate into major profits for all parties involved. However, it is essential that you closely monitor and oversee the project in order to prot...
Whether you are a member of your Homeowners Association’s board or are a property management professional tasked with revenue management, you know just how challenging it can be to manage a healthy and future looking reserve fund. Fortunately, an HOA...
A developer’s or owner’s construction budget should include an ample hard cost construction contingency. Accounting for hard costs is obvious to sophisticated owners, but the more difficult question is: “How much is enough?” To answer this questio...
September 24, 2021
Industry News
Construction loan monitoring, whether it be for renovations or new developments, is inherently risky. Banks, lenders, and investors want to ensure the proper handling and spending of their money. Developers are hoping for a seamless project from star...
August 13, 2021
Uncategorized
Like most business sectors, the US construction industry has undergone significant change in the past 18 months as the fallout of the pandemic impacts supply chains, the availability of workers, and virtually every aspect of the typical construction ...
August 9, 2021
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Ben Franklin coined the phrase, “An ounce of prevention is worth a pound of cure.” As independent building consultants, we subscribe to that theory and advise clients on ways to PREVENT maintenance problems before they occur. Unfortunately, we are of...
August 9, 2021
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Effective capital replacement planning requires that a facility prioritizes its capital replacement spending, using its business model and business objectives as guidelines. With sufficient financial underwriting, facilities have the ability to proac...
August 9, 2021
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zumBrunnen, Inc., founded in 1989, is an independent building consulting firm serving a diverse base of national clients. The firm has developed unique, industry-specific building consulting services bringing cost-savings to existing facilities and s...
August 9, 2021
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Large, multi-site senior living organizations and small, single-site facilities alike have had to tighten their belts as they try to remain on an even keel. For many, declining revenues have resulted in delayed building repairs, deferred equipment re...
August 9, 2021
Uncategorized
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...