News & Insights

Construction Management Process for HOA Renovation Success

Get tips on how to ensure your next HOA construction management project is a success. By following a proven, and often required, process for condo construction projects you can help ensure that the appropriate contractor is selected and that the end results meets everyone's expectations. Learn more about the site review, project specifications write up and process to request bids from the best construction management contractors in Chicago.

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A Letter From Our CEO and President/CFO Regarding COVID-19

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.

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Commercial Lease Buyout: 7 Things You Need to Consider

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. 

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6 Types of Commercial Construction Contracts You Must Know

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.

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8 Necessary Skills Any Construction Project Manager Must Have

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.

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