Construction/Contracting

8 Things that make a Construction Project Successful (And on Time!)

Construction projects quickly become price propositions. Construction managers and construction companies understand how volatile raw materials prices can put pressure on a project. For instance, Mortgage News Daily recently reported how “even though lumber prices have recently declined, the National Association of Home Builders (NAHB) says builders are facing some of the fastest increases of other building material costs in history.” And while savvy managers have long known how to hedge against that particular risk, other less obvious pitfalls have plunged many projects into delay, decline, and downright failure.

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What to Look for When Selecting a Construction Management Team

Hiring the right construction management firm is often as important as the construction company completing the project. From years of experience to managed budgets and a host of other considerations, its important to conduct your due diligence when researching potential firms to assist with your construction management project. Of course, if you've already got a great working relationship with your current property manager or real estate company, they might be able to provide you with the needed construction management services you require – just ask!

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Commercial Property Construction 2022: Five Core Phases for Success

The commercial construction market is healthy. Despite inflation, supply chain issues and labor shortages, strong fundamentals in the industrial, office and retail markets are poised to keep the commercial market recovery progressing at a modest pace during the next two years, according to the National Association of REALTORS®. 

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