What is a Constructability Review?

What is a Constructability Review?

There is significant risk in any real estate development project. Having professionals Identifying obstacles and challenges early on in the process of development helps to reduce those risks and facilitates the successful completion of the project. What is a...
Hotel Rebranding

Hotel Rebranding

Introduction The hotel industry in general suffered its worst year on record in 2020 as the coronavirus pandemic severely curbed travel, including business travel and vacation travel. Prior to 2020 the hotel industry, and hospitality in general, was one of the most...
Property Improvement Plan Examples

Property Improvement Plan Examples

What is a PIP? The initials PIP stand for property improvement plan. A property improvement plan is an action plan for a property to bring it into compliance with brand standards levied by the brand manager or franchisor. The PIP usually calls for improvements to...
Property Improvement Plan Considerations

Property Improvement Plan Considerations

These days commercial real estate is being flooded with property improvement plans (PIPs).  As an owner of a property, how should you look at a PIP? What criteria and standards should you consider? What posture should you take? The professional owner’s representatives...
Pro Forma Analysis

Pro Forma Analysis

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...
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