Fee Development

Benefits of prefabricated construction for commercial buildings

Benefits of prefabricated construction for commercial buildings

As construction costs increase, developers are investing in prefabrication and modular construction for cost-effective ways to advance multifamily and other commercial developments. We asked our friend and colleague Cathy Schmidt, CEO at Fullerton Building Systems, to provide her thoughts on the advantages of (and changes in) prefabricated buildings related to commercial construction.

Development site selection: variables and process considerations

Development site selection: variables and process considerations

Commercial real estate projects include a myriad of variables, from vision and use to market and budget. Projects start with big ideas that are implemented through endless details. After understanding market dynamics and deciding on the product type you want to develop, selecting a site is one of the next steps in the development process.

2021 observations on the state of multifamily | Twin Cities market

2021 observations on the state of multifamily | Twin Cities market

Multifamily has been a preferred investment class whether for development or acquisition for the past few years and while there is certainly cause for caution and tighter than ever underwriting, it appears to be an asset class that will weather the test of time for at least a couple more years.