Wendy’s exec leads new store growth across the world
Construction Dive
OCTOBER 18, 2023
Abigail Pringle oversees restaurant design, real estate, construction and franchise development for the fast food giant.
Real Estate Development Related Topics 
The Real Estate Developers Handbook: The Role of Budgets in CRE
Rabbet
SEPTEMBER 22, 2023
A real estate development project combines creativity, strategy, and resource management to transform visions into reality. In this series, we delve into the compelling reasons why meticulous budget tracking is the cornerstone of prosperous real estate development projects.
C.W. Driver Completes $37.8M Begonia Place in Temple City for Begonia Real Estate Development
Civil + Structural Engineer
JANUARY 2, 2024
mixed-use residential project is the construction firm’s first partnership with owner Begonia Real Estate Development. Driver Companies is excited to complete this project for Begonia Real Estate Development,” said Jeff Canfield, project executive at C.W. Driver Companies.
C.W. Driver Completes $37.8M Begonia Place in Temple City for Begonia Real Estate Development
Civil + Structural Engineer
DECEMBER 21, 2023
mixed-use residential project is the construction firm’s first partnership with owner Begonia Real Estate Development. Driver Companies is excited to complete this project for Begonia Real Estate Development,” said Jeff Canfield, project executive at C.W. Driver Companies.
Developer delays $3B The Drew Las Vegas project for 2 years
Construction Dive
APRIL 22, 2019
The real estate mogul wants to finish a construction budget for the property, which a prior developer had sunk billions into before a 2009 bankruptcy.
What is a Lien Waiver in Real Estate Development?
Rabbet
OCTOBER 22, 2024
A lien waiver in the construction industry is a legal document that’s exchanged between parties involved in a development project. Contractors, vendors, and developers sign lien waivers to agree that no one will place a lien against the property. If the work was a P3 Project, list the developers. What is a Lien Waiver?
What the NAR Commissions Settlement Means for Home Builders
The Pro Builder
APRIL 26, 2024
While most of the attention is being paid to the resale housing market—historically, and for obvious reasons, the primary type of transaction between home sellers and buyers and their real estate agents—the settlement also has important ramifications for new-home builders (sellers) and their relationship with buyers and buyers' agents.
Defining Real Estate Development Loans
Rabbet
DECEMBER 1, 2024
Real estate development loans are designed to finance the process of preparing raw land for construction. These loans provide the necessary capital to cover land acquisition and preparation for development, although borrowers usually need additional financing once construction begins.
Reinventing Empty Buildings via Office-to-Lab Conversions
Civil + Structural Engineer
JANUARY 8, 2024
These three factors capture many individuals’ attention, particularly real estate developers and owners. Some of these spaces are undergoing transformation to meet the growing need for research and development space. Converting commercial space to laboratory space is important for many reasons.
Industry Leaders Warn of Economic Risks Caused by Soaring Mortgage Rates
The Pro Builder
OCTOBER 11, 2023
The three organizations contend that the Federal Reserve’s actions to cool the housing market have instead led to market instability, exacerbating housing affordability issues and causing setbacks in the real estate market. The CPI continues to show high shelter costs, which many blame for keeping inflation elevated. “The
$1.5B set to expand mixed-used project in Dallas suburb
Construction Dive
JUNE 15, 2018
Developer and commercial real estate agency Bright Realty broke ground this week on a new mixed-use, "urban core" project at its continually growing Castle Hills development in Lewisville, Texas.
Access, Accuracy, and Transparency: Key for Real Estate Development Leaders
Rabbet
OCTOBER 4, 2024
With rising costs, shrinking labor availability, and stricter loan requirements, real estate developers need clear, accurate financial oversight and transparent communication with equity partners. The post Access, Accuracy, and Transparency: Key for Real Estate Development Leaders appeared first on Rabbet.
Ware Malcomb Announces Promotion of Jonathan Thomas to Principal in Seattle Office
Civil + Structural Engineer
JUNE 16, 2023
A licensed architect in the state of Washington, Thomas is a multi-faceted professional who contributes extensive experience in the areas of architectural design, master planning, site planning, entitlements, real estate strategy and design development. He is also an active member of Self-Storage Association (SSA).
Experts Discuss Women in Construction, Diversifying the Workforce
The Pro Builder
MARCH 1, 2024
Among those joining Cavalline in the discussion were an assistant project manager and estimator, a director of project development for a general contractor, and Stacy Doherty, who is director at Churchill Real Estate, a lender for the multifamily residential market.
Ware Malcomb Announces Construction is Complete on Chino Valley Unified School District Administration HQ
Civil + Structural Engineer
OCTOBER 4, 2024
The ground floor also includes a test kitchen for the district’s Nutrition Services department to develop new recipes to serve in its school locations, with district employees serving as test subjects. Chino Valley Unified School District partnered with Xebec Building Company to develop the project on district-owned land.
Going-In Cap Rate Explained for Real Estate Developers
Rabbet
DECEMBER 3, 2024
Understanding cap rates is crucial for real estate developers and investors to make informed investment decisions. A cap rate measures the potential return on a real estate investment based on its current market value, making it an important metric for developers to master. What is a Cap Rate?
Build-to-Rent Communities Are on the Rise
The Pro Builder
JUNE 14, 2024
As many Americans await potential relief in the housing market, some real estate developers are capitalizing on the high demand by investing in build-to-rent neighborhoods. According to Fox Business, the construction of build-to-rent homes has reached record levels.
On-Demand Webinar: Timeless Comfort—The New American Home 2024
The Pro Builder
MARCH 26, 2024
Active in the construction industry since 1978, he’s also a developer and real estate broker specializing in luxury custom. Moderator Rich Binsacca, Pro Builder Media Rich is the editorial director of Pro Builder, the leading media resource for the U.S.
London office revamps rise to all-time high
Construction Enquirer
MAY 22, 2023
Sophie Allan, director in real assets advisory at Deloitte, said: “Developers seem to be cautiously optimistic about the future of London’s development pipeline. “New infrastructure and expanding transport links have attracted people to previously overlooked areas like mid-town and the eastern fringes of the City.
Why Real Estate Development Teams Struggle with Financial Visibility—and How to Fix It
Rabbet
SEPTEMBER 23, 2024
In real estate development, managing project finances efficiently is critical—whether it’s a $10 million or a $100 million project. However, one common pain point that almost every team encounters is gaining access to accurate, real-time financial data. The root of the problem? Lack of departmental alignment.
Lendlease Europe names new CEO
Construction Enquirer
JULY 3, 2023
Joining the company in 2005, Ruckstuhl has more than 25 years’ real estate experience – including more than 18 years with Lendlease. He has played a pivotal role in establishing the group as a leading real estate company in Italy across the investments, development and construction segments.
Controversial $1B megaproject '5M' starts construction in San Francisco
Construction Dive
JUNE 21, 2019
The development overcame a three-year legal battle with local activists in a scenario that is increasingly common in cities with expensive real estate.
Single-Family Rental and Build-to-Rent Market Shows ‘Enduring Strength’ in the Long Term
The Pro Builder
DECEMBER 4, 2023
“The overall SFR and BTR sector has seen a slowdown as rising interest rates and persistent construction costs hindered housing development,” says Doug Faron, cofounder and managing partner of Shoreham Capital. The Florida-based real estate firm focuses on acquiring, owning, developing, and managing properties in the East Coast and Sun Belt.
Understanding Yield on Cost for Real Estate Developers
Rabbet
OCTOBER 29, 2024
Understanding Yield on Cost for Real Estate Developers Yield on cost is a crucial metric in real estate development that helps developers assess the potential profitability of their investments. It represents the annual return on a real estate investment based on its total cost.
Go-ahead for 48-storey Birmingham BTR tower
Construction Enquirer
JULY 6, 2023
Residential developer HUB and real estate investment manager MARK have got the planning thumbs for a 48-storey residential-led scheme at 2 Snowhill Plaza in Birmingham. The tower will become a fresh addition to the emerging cluster of taller developments in Birmingham City Centre.
Erica Pergande, Senior Wetland Ecologist and Assured Wetland Delineator, Joins raSmith
Civil + Structural Engineer
JUNE 28, 2023
office, Pergande will provide ecological services to a variety of clients including state and local government, real estate developers, lake associations, property owners, and others, while also leading a staff of in-house ecologists. Based out of raSmith’s Brookfield, Wis.,
Go-ahead for clutch of major jobs to reboot Manchester
Construction Enquirer
JUNE 2, 2023
The largest being advanced by developer Oval Real Estate is a landmark mixed-use scheme to redevelop the Albert Bridge House site on Bridge Street with two striking buildings. The developers are understood to be gearing up for an autumn construction start.
Green light for first women-only tower block
Construction Enquirer
MAY 2, 2023
The original estate at Brook House was built in the 1930s, with additional homes and blocks built in the 70s. “We are more than just “bricks and mortar” – we support our residents’ independence and wellbeing and this new building will provide a real home for many women in dire need.”
Everything Real Estate Developers Need to Know About Return on Cost
Rabbet
OCTOBER 30, 2024
Everything Real Estate Developers Need to Know About Return on Cost Real estate developers lean heavily on data to make informed decisions and maximize profitability, and return on cost is one of the data points that’s essential to master.
WINT and HSB partner to deliver holistic water protection
Civil + Structural Engineer
JUNE 28, 2024
Water leaks are a major point of pain across the real estate and construction industry. Water management technology and insurance are complementary two sides of the same coin – solutions that mitigate damage while reducing the real-estate industry’s environmental footprint,” said Alon Geva, WINT’s CEO.
Russell WBHO lands £48m Gateshead hotel
Construction Enquirer
JUNE 19, 2023
Russell WBHO has been appointed by developer Ask:PATRIZIA to build a £48m 344 bedroom new hotel at Baltic Quarter on Gateshead Quayside. Designed by AHR Architects the hotel will feature restaurants, bars and business meeting rooms as well as a resident’s gym and will be managed by Vine Hotels.
Two New Affordable Housing Developments to Be Built in South Florida
The Pro Builder
DECEMBER 15, 2023
Jakes Real Estate Ventures (TDJREV) has announced a partnership with New Urban Development, Miami's largest Black-owned real estate developer, to build two affordable housing developments, one in Florida's Hallandale Beach and the other in Miami Gardens, Black Enterprise reports.
Ozark Beer Company to Transform Backyard into Community Gathering Space
Civil + Structural Engineer
OCTOBER 4, 2023
and to make the integration of art a priority as development of the backyard takes shape. Funded by an Art in Place grant awarded to ULI NWA by ULI’s National Council, the project is being planned and developed with a mind toward integrating feedback, inspiration, and participation from artists in the region.
Will Real Estate Developers Soon Hold Back Even More Payments?
ENR Construction
FEBRUARY 15, 2024
If buildings could talk, the elegant Sharon Building at 55 New Montgomery St. in San Francisco would have stories to tell.
Motel Conversion: A Motel Becomes a Model for Affordable Housing
The Pro Builder
OCTOBER 9, 2023
acres Total built size: 38,420 square feet Unit sizes: 302 to 417 square feet Developer and builder: Jamboree Housing , and Jamboree Quality Development and Construction , Irvine, Calif. From Motel to Housing Adaptive Reuse Project Specs for Buena Esperanza Location: Anaheim, Calif. Lot size: 1.04
Homes England relaxes funding to turbo-charge estate renewal
Construction Enquirer
JUNE 27, 2023
Homes England has today unveiled changes to its grant funding regime to open the door to using the cash for new replacement homes on estate renewal projects. The agency hopes the changes to permitted allocations through the Government’s Affordable Homes Programme 2021-26 will help to accelerate big estate renewal plans.
AI in Home Building. What Now? What Next?
The Pro Builder
FEBRUARY 16, 2024
The tool is only as good as the prompt,” says Genevieve Benson, director of business development at Milesbrand, a marketing and branding agency serving home builders. AI is also developing a reputation for producing errors and hallucinations. A good example is Arx City. Arx City’s AI engine provides reliable analysis in mere minutes.
Clark Construction Announces Inaugural Graduates from Central Virginia Training Program for Small, Diverse-Owned Firms
Civil + Structural Engineer
JULY 9, 2024
Throughout the six-month executive development course, SPP participants focused on a range of business and construction industry topics, including financial statements and accounting, insurance and bonding, estimating, purchasing, project management, and essential business competencies such as presentation and networking skills.
What is a Lien Waiver in Real Estate Development?
Rabbet
OCTOBER 22, 2024
A lien waiver in the construction industry is a legal document that’s exchanged between parties involved in a development project. Contractors, vendors, and developers sign lien waivers to agree that no one will place a lien against the property. If the work was a P3 Project, list the developers. What is a Lien Waiver?
Understanding What Renters Want
The Pro Builder
OCTOBER 10, 2024
Online real estate marketplace Point2Homes surveyed more than 1,500 renters to understand how developers and investors can better meet the needs of these renters. The number of single-family renter households has grown to over 14.2 million in 2024, and the demand only continues to rise.
Survey Indicates Growing Support for Middle Housing Development
The Pro Builder
AUGUST 15, 2024
With elevated home prices and an ongoing housing shortage, support for new types of developments is growing. According to a recent survey from real estate marketing platform Zillow, most people are supportive of middle housing—such as duplexes, small apartment buildings, and accessory dwelling units—in residential neighborhoods.
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Cruz Companies Announces Strategic Promotions and New Hires, As Firm Expands National Reach
Civil + Structural Engineer
JANUARY 16, 2024
Acclaimed Black-owned integrated construction, real estate development, and property management group advances key leaders, continuing legacy of excellence and U.S. See below for detailed executive bios.)
City Mayors Push for Changes to Make Converting Office Buildings to Apartments Easier
The Pro Builder
JULY 17, 2023
Currently, development costs, particularly those related to building standards and zoning codes, can make such conversions a challenge to finance. But some cities are looking at making changes to their zoning and offering tax abatements to developers that build new housing. Since 2000, 498 buildings have been converted in the U.S.,
MATTESON CAPITAL AND AO PARTNER TO BUILD TALLEST BUILDING IN U.S.
Civil + Structural Engineer
JANUARY 31, 2024
The ambitious development features a collection of three towers, each rising to 345 feet, and a fourth striking supertall tower, referred to as Legends Tower, that ascends to 1,907 feet, creating an impressive silhouette against the Oklahoma City skyline. Fortunately, this aligns with one of AO’s core strengths.”
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