by sbcwebmaster | May 20, 2021 | Uncategorized
Pro forma is a Latin term meaning “for the sake of form.” In real estate, pro formas often take on the “form” of an Excel spreadsheet. Pro formas are important documents for developers, investors, brokers, lenders and appraisers to know and understand. They are used...
by sbcwebmaster | May 5, 2021 | Uncategorized
What is a Hotel Property improvement Plan? A hotel property improvement plan or PIP is an action plan for a hotel to bring it into compliance with brand standards levied by the brand manager or franchisor. The plan can call for improvements to things such as exterior...
by sbcwebmaster | May 3, 2021 | Uncategorized
Does this situation look familiar? The stalled development project is back and alive, after re- pricing it is coming in way, way over the previous budgets. You need help to kick-start your project but with the current state of the construction cost market it’s no...
by sbcwebmaster | Apr 28, 2021 | Uncategorized
Accurate construction cost estimates are crucial to the success of a construction project? They are the cornerstone of every construction project. With the construction cost estimate decisions are made on the feasibility of the project—whether it Is a “go” or a “no-...
by sbcwebmaster | Apr 19, 2021 | Uncategorized
All buildings under construction are exposed to a multitude of risks. Extreme weather, natural disasters, fire, theft, and terrorism are just some examples of these hazards that owners and builders of these projects have to deal with effectively. Builders risk...
