Weather, Delays, and Draw Inspections: How Commercial Projects Stay On Track
May 7, 2025
A project’s ability to adapt is what ultimately determines consistent success, whether navigating weather delays or budget changes.
A project’s ability to adapt is what ultimately determines consistent success, whether navigating weather delays or budget changes.
Today, let’s review exactly what the asset life cycle is, and how property inspections can drive long-term success.
Urban downtowns have been seen as the center of city life. Recently, however, this system has been going through some growing pains.
While sometimes regarded as risky, distressed properties can also be a very lucrative and fulfilling investment option. Let’s discuss from a bird’s eye view how you can feel more comfortable buying and flipping properties that might need extra TLC.
Walgreens made news this year when it announced its plans to close 1,200 locations over the next three years (per CNN), an exclamation point on the ongoing struggles of the retail drugstore industry…This begs the question: is the modern drugstore still relevant?
Despite the glut of online-only shoppers, businesses still need a strong, inviting storefront. If your storefront needs a little attention, here are some thoughts on how to start your revamp.
You may not have noticed, but this is actually an election year. That’s right! Currently, the two major parties are jockeying for political seats all across the United States at the local, state, and federal levels. All jokes aside, especially in our polarized political climate, it can often feel like the presence of an election year touches every industry and every aspect of our daily lives. For those who work in the real estate industry or anything tangential to commercial real estate, you’re certainly aware of the ominous reputation associated with election years. According to prevailing belief, election years wreak havoc on investments–projects can stall as uncertainty muddies the waters until the market finally comes up for air post-election. Though this is the prominent impression, do election years truly have such an outsize impact? Or is this another myth causing hesitation from quality opportunities? Let’s take a look! Political Factors that Impact CRECommercial real estate is, of course, influenced by many policies from the local level all the way to the white house. From tax codes to zoning laws, policies can fluctuate from administration to administration, which certainly affects investment plans. Additionally, one candidate may focus on a particular issue
Commercial properties require frequent inspections for many different reasons. From new acquisitions, to lease renewals, to recurring maintenance checks, commercial inspections are a standard part of every business’ annual expenses. From a property inspector’s perspective, these jobs are great due to the more professional, less emotionally charged approach in comparison to residential inspections. Plus, commercial properties offer an opportunity to examine bigger, more complex systems in pretty much every category. Investors and property owners may find themselves wondering just how the costs for commercial inspections are determined. Even if you’re newer to the commercial inspection process, you’ve likely seen firsthand that pricing is rarely just a flat rate and that it differs significantly from residential inspection costs. Just as commercial properties serve a wide variety of purposes and come in all shapes and sizes, commercial inspectors know that they have an equally wide variety of inspection needs. While this might make the cost of a commercial inspection tougher to predict in advance, a commercial inspector who factors in all of the unique qualities of the property in their proposal is more likely to deliver a product worth the cost! So, if you’d like more insight on how pricing is determined
Access to affordable housing has been an ongoing issue all across North America, and communities everywhere have been searching for their own solutions. In New York City, an attempt to address this problem has led to widespread debate and plenty of tension. That attempt? New zoning laws. To be a bit more specific, New York City has a regulation known as the Floor-Area-Ratio cap (or “FAR” cap) which restricts the maximum height of new residential construction within certain areas of the city, like the historic Hell’s Kitchen. We’ve previously discussed how developers have started to convert empty office buildings into apartments in order to add housing opportunities but NYC’s FAR cap might be limiting creative solutions like this. Spectators to this discussion may find themselves wondering if these zoning laws are such a hindrance, why were they put in place originally? And if some zoning laws are only a thorn in the sides of developers, investors, and the average renter, how have they lasted this long? Let’s discuss! What are Zoning Laws?Broadening the discussion for just a second, let’s dive into a few definitions and some background information on zoning laws. To simplify, zoning laws are the rules and restrictions
For every house, condominium, industrial complex, hotel, and convenience store, the number one source of concern is the same: water intrusion. Water has a terrible knack for worming its way indoors, finding or causing even the most miniscule cracks that grow and compromise a building’s integrity. Though it may sound surprising, architects and engineers have spent countless hours over the years designing ways to keep water where it belongs and protect occupants from health hazards like mold. Of all the features of water management that buildings have, none face the same relentless assault as exterior siding. EIFS synthetic stucco is one type of siding that has become increasingly common for commercial properties, but property owners who have investigated this exterior wall system may have encountered some alarming stories. So, what’s the deal? Should property owners with EIFS exterior walls be worried? Should investors looking to expand their portfolios steer clear of properties with EIFS? Let’s discuss! What is EIFS Stucco?EIFS stands for Exterior Insulation and Finish System and refers to a type of exterior siding that gained prominence throughout North America after World War II. Similar to traditional stucco, EIFS is composed of multiple layers and offers similar aesthetic and
A project’s ability to adapt is what ultimately determines consistent success, whether navigating weather delays or budget changes.
Today, let’s review exactly what the asset life cycle is, and how property inspections can drive long-term success.
Urban downtowns have been seen as the center of city life. Recently, however, this system has been going through some growing pains.
While sometimes regarded as risky, distressed properties can also be a very lucrative and fulfilling investment option. Let’s discuss from a bird’s eye view how you can feel more comfortable buying and flipping properties that might need extra TLC.
Walgreens made news this year when it announced its plans to close 1,200 locations over the next three years (per CNN), an exclamation point on the ongoing struggles of the retail drugstore industry…This begs the question: is the modern drugstore still relevant?
Despite the glut of online-only shoppers, businesses still need a strong, inviting storefront. If your storefront needs a little attention, here are some thoughts on how to start your revamp.
You may not have noticed, but this is actually an election year. That’s right! Currently, the two major parties are jockeying for political seats all across the United States at the local, state, and federal levels. All jokes aside, especially in our polarized political climate, it can often feel like the presence of an election year touches every industry and every aspect of our daily lives. For those who work in the real estate industry or anything tangential to commercial real estate, you’re certainly aware of the ominous reputation associated with election years. According to prevailing belief, election years wreak havoc on investments–projects can stall as uncertainty muddies the waters until the market finally comes up for air post-election. Though this is the prominent impression, do election years truly have such an outsize impact? Or is this another myth causing hesitation from quality opportunities? Let’s take a look! Political Factors that Impact CRECommercial real estate is, of course, influenced by many policies from the local level all the way to the white house. From tax codes to zoning laws, policies can fluctuate from administration to administration, which certainly affects investment plans. Additionally, one candidate may focus on a particular issue
Commercial properties require frequent inspections for many different reasons. From new acquisitions, to lease renewals, to recurring maintenance checks, commercial inspections are a standard part of every business’ annual expenses. From a property inspector’s perspective, these jobs are great due to the more professional, less emotionally charged approach in comparison to residential inspections. Plus, commercial properties offer an opportunity to examine bigger, more complex systems in pretty much every category. Investors and property owners may find themselves wondering just how the costs for commercial inspections are determined. Even if you’re newer to the commercial inspection process, you’ve likely seen firsthand that pricing is rarely just a flat rate and that it differs significantly from residential inspection costs. Just as commercial properties serve a wide variety of purposes and come in all shapes and sizes, commercial inspectors know that they have an equally wide variety of inspection needs. While this might make the cost of a commercial inspection tougher to predict in advance, a commercial inspector who factors in all of the unique qualities of the property in their proposal is more likely to deliver a product worth the cost! So, if you’d like more insight on how pricing is determined
Access to affordable housing has been an ongoing issue all across North America, and communities everywhere have been searching for their own solutions. In New York City, an attempt to address this problem has led to widespread debate and plenty of tension. That attempt? New zoning laws. To be a bit more specific, New York City has a regulation known as the Floor-Area-Ratio cap (or “FAR” cap) which restricts the maximum height of new residential construction within certain areas of the city, like the historic Hell’s Kitchen. We’ve previously discussed how developers have started to convert empty office buildings into apartments in order to add housing opportunities but NYC’s FAR cap might be limiting creative solutions like this. Spectators to this discussion may find themselves wondering if these zoning laws are such a hindrance, why were they put in place originally? And if some zoning laws are only a thorn in the sides of developers, investors, and the average renter, how have they lasted this long? Let’s discuss! What are Zoning Laws?Broadening the discussion for just a second, let’s dive into a few definitions and some background information on zoning laws. To simplify, zoning laws are the rules and restrictions
For every house, condominium, industrial complex, hotel, and convenience store, the number one source of concern is the same: water intrusion. Water has a terrible knack for worming its way indoors, finding or causing even the most miniscule cracks that grow and compromise a building’s integrity. Though it may sound surprising, architects and engineers have spent countless hours over the years designing ways to keep water where it belongs and protect occupants from health hazards like mold. Of all the features of water management that buildings have, none face the same relentless assault as exterior siding. EIFS synthetic stucco is one type of siding that has become increasingly common for commercial properties, but property owners who have investigated this exterior wall system may have encountered some alarming stories. So, what’s the deal? Should property owners with EIFS exterior walls be worried? Should investors looking to expand their portfolios steer clear of properties with EIFS? Let’s discuss! What is EIFS Stucco?EIFS stands for Exterior Insulation and Finish System and refers to a type of exterior siding that gained prominence throughout North America after World War II. Similar to traditional stucco, EIFS is composed of multiple layers and offers similar aesthetic and