Over the past few years, millennials have emerged as one of the biggest influences on real estate trends. Recently surpassing baby boomers as the largest living generation, millennials have a significant amount of sway on the market and they are changing the way business is done.
What Do Millennials Look for in Real Estate? Read Full Article »
GNP Realty Partners is excited to announce that One Development, our new development and design arm, will be working with the National Association of Realtors (NAR) in renovating NAR’s 12-story building. The $45 million vertical expansion and redevelopment will begin in fall 2018.
GNP Realty to renovate NAR headquarters Read Full Article »
Our teams representing GNP Realty Partners, GNP Management Group, GNP Construction, One Development, CMPS and Chicago Five-O Services continue to be those you rely on for help with your decision making and business continuity. We want you to know that our administrative, management, maintenance and security staff employees will continue to receive salaries and benefits as we navigate through this difficult time.
A Letter From Our CEO and President/CFO Regarding COVID-19 Read Full Article »
Whether you have a successful or struggling business, you may find yourself looking to get out of your lease. Your reasons may vary and include anything from needing a different space to requiring a geographical change, from struggling to meet your current rent to discovering that your landlord is more trouble than he or she is worth. In any case, when you’re wondering how to get out of a commercial lease, it pays to know your options — and one of the most important is a commercial lease buyout.
Commercial Lease Buyout: 7 Things You Need to Consider Read Full Article »
There’s no doubt that commercial construction is big business. Despite the fact that construction suffered a worldwide correction in 2020 due to the COVID-19 pandemic, ReportLinker estimates that “global construction output will expand by 4.5% in 2021,” and Statista reported that the “construction industry grew to a spending value of close to 12 trillion U.S. dollars before the coronavirus pandemic.” But this doesn’t mean that the industry is without challenges. A 2015 report by KPMG discovered that more than two-thirds of owners blame contractors for underperforming construction projects and more than half had an underperforming project during the last year.
6 Types of Commercial Construction Contracts You Must Know Read Full Article »
People want to learn how to lead well. Just look at the perpetually burgeoning publishing field of leadership manuals. From time-worn classics such as Sun Tzu’s The Art of War and Dale Carnegie’s How to Win Friends and Influence People to newer additions such as Good to Great by Jim Collins and The 21 Irrefutable Laws of Leadership by John C. Maxwell, there’s no shortage of practical and inspirational tomes about how to become a great leader. However, these books often run into a common issue: Because they’re written for a general audience, implementing their recommendations can prove challenging when applying them to a specific field.
8 Necessary Skills Any Construction Project Manager Must Have Read Full Article »
