article thumbnail

Property Development And Marketing Tips To Maximize Your ROI

Construction Marketing

For example, if you intend to build luxury apartments, your target customers will be comprised of high-income earners. Also, be ready to pay fees for building permits, insurance, upkeep of existing structures like fence lines and drainage systems, and maintenance of construction equipment.

Income 156
article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

This phase includes determining the project’s scope, selecting materials, and determining the necessary permits and approvals. The developer will also need to obtain the necessary permits and approvals from local, state, and federal agencies. This includes creating a detailed project schedule, budget, and phasing plan.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing Starts Slowed in December as Buyer Demand Continued to Soften

Pro Builder

As the housing market continued to cool at an accelerated rate during the final month of the year, building permits followed a similar trajectory, dropping 1.6% This is partly because the labor market is still performing well and a slew of other incoming economic data points to falling inflation. million units, down 21.8%

Housing 52
article thumbnail

2022 Construction Tips for Restaurant and Other Commercial Building Owners

Wolgast Corporation

We have strategies to share to get your restaurant or business operating quicker and generate income faster. Once permits are received, site work is typically the first activity for a new build, and for a remodel or build-out, first is demolition followed by carpentry in many circumstances.

article thumbnail

How to Complete Construction Months Faster

Wolgast Corporation

We stress the importance of time because we know that the faster construction is completed, the faster you can start generating income in your new space. And Wolgast is your biggest advocate when it comes to speed.

article thumbnail

Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis

Pro Builder

The Denver metro could see increased low-income development as a result of a new affordable housing mandate, but many builders aren’t so eager to get on board. Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis. Mon, 02/14/2022 - 10:31.

Denver 52
article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. However, with a construction loan , you can build your dream home from scratch without making compromises. Discussed below are the things you should know before taking out a construction loan.