News

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...

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...

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...

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...

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 ...

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,...

Whether your business is providing health care, education, spiritual guidance or some form of housing services, your buildings not only provide a safe environment in which to provide services, but also serve as valuable assets in attracting and retai...

Whether you manage a single property, multiple buildings or a portfolio of real estate holdings, the proper management of real property is critical to your success. It is imperative to have an effective asset management plan in place as part of your ...

The annual budgeting process is a critical step in managing your facilities and strategic planning. We have developed a list of questions that should be answered before finalizing your annual and 20-year budgets. Are you planning changes in servic...

Introduction: This paper focuses on the fundamentals of a replacement-reserve study and reserve funding plan (Reserve Study). Discussions are based on nationally accepted standards, most specifically National Reserve Study Standards (NRSS). The...