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Monthly Archives: March 2015

New to real estate? Or, did you see the defeasance on that guy?

3/31/2015 | Real Estate Blog

There are plenty of opportunities in Philadelphia for interested parties to enter the real estate market. There are individuals and companies that want to expand their existing portfolios in the city, in the state or even abroad. There are also individuals and companies that want to test the waters or to dive right in to the real estate market.

Green Parking Initiative

3/29/2015 | Construction Blog

The Green Building Certification Institute, which handles certification for the U.S. Green Building Council responsible for LEED Certification, has signed a Memorandum of Understanding with the International Parking Institute and the Green Parking Council. The goal of the cooperation agreement is to encourage sustainability in the transportation network that supports green buildings. The ultimate goal is to create and promote a Green Garage Certification program that will apply the same ideas that drive the LEED Certification process in the parking […]

2014 A Better Year For Construction In Place Numbers

3/28/2015 | Construction Blog

According to the Raleigh, North Carolina based form FMI Corp., 2014 was a vastly better year than 2013 in terms of total construction in place (CPIP). The total for 2014 was $62 billion more – a 7 percent increase – than the year before. The gross number for 2014 was estimated to be around $972 billion. In even better news, the projected number for 2015 exceeds $1 trillion.

New Construction Technology Helps Immensely With As-Builts

3/27/2015 | Construction Blog

As-built drawings, or renderings of the building as constructed, are common in the industry. Many contracts require that the contractor or subcontractor providing the labor and materials to construct the project provide them as part of the close out documents. This is because there is often variation between the design, specifications, and final constructed product. Sometimes this change is known; while on other occasions it can be an unknown fact until it is measured.