by sbcwebmaster | Jul 28, 2021 | Uncategorized
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...
by sbcwebmaster | Jul 14, 2021 | Uncategorized
Every real estate construction project has risks involved in the planning and execution of the construction. The knowledge and practical experience of professionals such as architects, engineers, designers, contractors and general contractors, and government agency...
by sbcwebmaster | Jun 30, 2021 | Uncategorized
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...
by sbcwebmaster | Jun 21, 2021 | Uncategorized
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...
by sbcwebmaster | Jun 15, 2021 | Uncategorized
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...
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...