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Feds Tout Wind Market Even as Gulf Auction Draws Just One Bid

ENR Construction

29 Gulf of Mexico lease sale, Germany-based RWE, which is developing offshore projects in New York and California, bid $5.6 million for its 102,000-acre site off Louisiana in the Aug.

Bidding 68
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Single-Family Rental Sector Gains Exceed Expectations

Pro Builder

John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and Las Vegas) where leasing demand has been very high.

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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Maybe the lease deal is taking longer than expected, or maybe there are design changes requested during municipal approvals. But by going out for a competitive bid with “design development” (DD) drawings, rather than final plans, clients can really get hurt by cost overruns. Project Plans Are Not Fully Finalized.

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Design Ideas for Single-Family Built-to-Rent Homes

Pro Builder

The idea of building single-family homes to rent (SFB2R) has existed for a number of years, but really began to draw attention near the end of the Great Recession, fueled by consumers unable to afford the down payment for a for-sale home. As with auto leasing, homes for rent suffered a period of stigma. Are You Ready for Build to Rent?

IDEA 98
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Design Highlights from the Best in American Living Awards

Pro Builder

Multifamily projects are taking their cues from the hospitality industry and designing higher-quality lobbies, leasing offices, mail centers, etc., Flex rooms are a big draw for a potential buyer, especially if they anticipate the needs of their family changing while they own the home. High-Design Multifamily Amenities. Flex Rooms.

Design 52
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How to Create a Successful Restaurant Construction Schedule

HardHatChat

How prepared and organized the owner/operator is in terms of having drawings done and hard delivery dates on the FF&E (fixtures, furnishings and equipment). Design process – this is where the architect creates drawings (typically 4-6 weeks). The amount of equipment in the back of house. The finishes being used in the restaurant.

Schedule 258
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How Coronavirus Revealed the Importance of Space for Renters 

Pro Builder

And community amenities may also help draw in renters, but the real winners won’t be the shared workout rooms and pools of pre-coronavirus life. To succeed during lease-up, the more than 400,000 apartment units currently in some stage of construction also need to capitalize on tenants’ need for space.

Leases 52