Reading Time: 3minutesBASE4 Delivers Housing Communities—Smarter & Faster. We design it. We build it. We deliver it. With global manufacturing and delivery partners, BASE4 provides full-scale, factory-built housing solutions for volume developers. Let’s deliver smarter, faster, and bigger together. See How BASE4 Builds Faster Why Speed Matters in Housing Development An average U.S. single-family home takes 9.1 months to
Reading Time: 2minutesEvery site is different. Some projects need the full speed of modular boxes; others only benefit from panelized walls. Choosing wrong could add months of delays and millions in costs. See What Works Best for My Site Why This Decision Matters Rising costs and long build times have developers looking to industrialized construction solutions.
Reading Time: 3minutesExtended-Stay Keeps Leading the Pack Extended-stay brands now make up nearly four in ten new hotel projects nationwide — more than any other segment. According to HotelBusiness (citing Lodging Econometrics), there are currently 2,473 extended-stay projects in the pipeline, representing 252,000 rooms. From active builds to upcoming developments, this model continues to dominate growth across all major hotel tiers — proving that
Reading Time: 2minutesDevelopers love the promise of modular—but adoption’s stuck at 3%. Why? Because coordination, financing, and schedule risks still scare teams off. See Where You Can Save with Modular The Market Snapshot Last year, just 3% of multifamily properties used modular methods—down from 7% the year before (NAHB/Eye on Housing, 2025). Adoption has hovered in the low single digits
Reading Time: 4minutesChoosing the wrong flag is costing developers millions—here’s what the data shows. Find the Right Brand for Your Next Hotel More Brands, Smaller Returns Over the past decade, hotel companies have introduced more brands than ever—an average of 7% new brand growth per year, according to CBRE and STR. Every major chain is expanding its portfolio to target
Reading Time: 2minutesIs modular construction the right path — or the right fit for your project? Not every development benefits from modular construction — the key is knowing when it makes sense. At BASE4, we help developers evaluate modular the right way — through site constraints, budgets, and timelines. Let’s Evaluate If Modular Fits Your Project Even
Reading Time: 2minutesQ2 Demand Just Set a Multifamily Record. What happens when two renters compete for every one new unit? Net absorption hit record highs of 188,200 units in Q2, pushing vacancy down to 4.1% and ending a two-year rent growth slump with 1.2% YoY gains. 1 CBRE’s latest data signals a major shift in momentum—and developers are taking notice. Get Your
Reading Time: 3minutesWhat if you could cut weeks off your build — without raising costs? At BASE4, we deliver cost-effective, fast builds without compromise—helping you keep your project on track from concept to completion. Talk to Us About Cutting Your Timeline What We Do Differently Developers are looking for smarter ways to save time and reduce costs. With
Reading Time: 3minutesYour project budget is at risk — here’s why. The latest data shows mixed signals in steel, concrete, and lumber. Developers who act now can lock in savings others will miss. Let’s Talk Project Costs Lumber Composite: Eased slightly this summer, but remains higher than August 2024, showing lumber costs are stabilizing rather than falling.
Reading Time: 2minutesWhat are renters really looking for in 2025? Developers who prioritize lifestyle, flexibility, and wellness are staying ahead—and filling units faster. These 6 design strategies are helping developers build for what’s next. Let’s Discuss Your Next Multifamily Project 🔍 What’s Trending in 2025 Multifamily Design Smart design isn’t about square footage—it’s about making every inch
Reading Time: 3minutesA National Code Shift Is Already Underway A quiet—but essential—code update is catching design teams by surprise. NFPA 101 (Life Safety Code) now requires grab bars in all tubs and showers—not just ADA units. This change is already being enforced in several states and is expected to spread nationwide. If you’re designing hotels or apartments, this could impact your
Reading Time: 2minutesWhat if you could cut weeks off your project schedule, just by getting your permit approved on the first pass? Permitting delays increase costs, add risk to your project, and make it harder to stay on schedule. Let’s Talk Permit Strategy Avoid Costly Resubmissions Projects that require 2–3 resubmissions can see their timelines increase by
Reading Time: 3minutesWhat if you could deliver 50 units faster—without sacrificing quality? High costs and long timelines are squeezing multifamily developers. Our factory-first approach combines precision design and partner manufacturing to deliver projects faster, at lower cost, and with consistent quality. Let’s Discuss Your Project BASE4 Delivers Factory-Ready Multifamily Designs BASE4 supports multifamily developers with fully coordinated,
Reading Time: 3minutesFrom concept to install, our Interior Design team delivers what builders actually need. Let’s Talk Interiors What if your interior design team actually made your job easier? Disjointed design firms slow down schedules, miss brand standards, and drive up costs. At BASE4, our in-house Interior Design (ID) team works side-by-side with architecture and MEP, so
Reading Time: 3minutesWhat’s Next for Hotels in 2025? Hotel demand is steady—but rising costs and slimmer margins are forcing developers to rethink their next move. Here’s the latest U.S. hotel performance data and how BASE4 is helping clients adapt in 2025. Let’s Discuss Your 2025 Project 📉 Slower Growth, Smarter Development CBRE now forecasts RevPAR growth of 1.3% in 2025, with:
Reading Time: 3minutesFraming Packages Are Spiking. Do You Have a Plan? Wood framing costs are up again. Lumber futures have jumped nearly 15% this quarter alone. And that’s not all… Meanwhile, domestic production is down 2.1%, and imports have fallen 5.1%—creating the tightest supply since 2019. On top of that, Canadian Lumber Duties are also expected to
Reading Time: 2minutesGlamping, RV resorts, cabins—it’s not just camping anymore. Outdoor hospitality is booming, and we know how to design it smarter, faster, and prefab-ready. Let’s Plan Your Project The Outdoor Hospitality Boom Demand for nature-based lodging is skyrocketing. Glamping resorts, tiny cabin villages, and upscale campgrounds are popping up across the U.S. Developers need an efficient,
Reading Time: 3minutesSome states saw an 11% spike in construction wages this year. That may sound like a local trend—but it could raise your entire project budget if you build in the wrong region.2 Let’s Discuss Smart Locations Construction Costs Are Climbing—But Not Everywhere The labor market is shifting. In April 2025, average construction wages rose as
Reading Time: 2minutes📏 Apartment Sizes Are Changing Again After a decade of shrinking floorplans, U.S. apartments are getting larger again. In 2024, the average size of new apartments increased to 908 square feet, up from 891 square feet in 2022. Studios and one-bedrooms saw the biggest gains, adding up to 13 square feet year-over-year. This shift is especially
Reading Time: 3minutesThis is how to avoid ventilated shafts. ASHRAE’s recent update in 2025 introduces a key change: under certain conditions, developers using flammable refrigerant (such as A2L) may not need to run piping through a rated shaft. Let’s Review your Project The Challenge With the shift in the use of refrigerants now well underway, developers
Reading Time: 3minutesIf you’re in design or pre-con on any project right now, pay attention. New code requirements for A2L refrigerants are here—and they’re already impacting the HVAC systems you can specify and install. → I have a project I want to discuss! Why This Matters A2L refrigerants are replacing the older ones being phased out
Reading Time: 2minutesStop the Chaos: Why We Ditched Email for Basecamp Your architect still runs projects through email? That’s a problem. If you’re like most developers, your inbox becomes a disaster during a project. Endless threads. CCs. Buried attachments. Missed approvals. And it’s not just frustrating—it delays progress and costs you money. Let Us Show You How
Reading Time: 2minutesThe luxury market isn’t slowing down. But a devastating trend is emerging: even high-end units are sitting empty. In Q1 2024, the national vacancy rate for Class A apartments hit 9.2%—its highest level in years.1 Today’s renters are choosing community over chandeliers. This shift is challenging the industry to rethink design, amenities, and what luxury really means.
Reading Time: 3minutesDevelopers are moving fast in the Caribbean—because the math makes sense. The region is outperforming global trends in hospitality growth and it will only keep growing. If you’ve been waiting to invest, now’s your window. Let’s Talk About Hotel Projects → By the numbers, the Caribbean hotel market is on a strong upward trajectory. From
Reading Time: 3minutesHow Do You Make a 10-Year-Old Hotel Feel Brand-New? What’s the one thing that can make—or break—your next hotel stay? (Hint: It’s not the front desk service.) It’s how the space feels. Old carpets, worn-out furniture, dated lighting—it all adds up to a guest experience that doesn’t match today’s expectations. But here’s the good news: You
Reading Time: 3minutesWhat if your next hotel project didn’t look—or operate—like anything you’ve done before? Meet WaterWalk® Extended Stay by Wyndham, a brand developers are starting to explore for its hybrid hospitality model. 👉 Let’s Discuss Your Extended Stay Project 📊 Did You Know? Extended-stay demand hit record highs in 2024, with occupancy rates outperforming traditional hotel
Reading Time: 2minutesWhat Developers Need to Know Prices keep moving—so your design might need to as well. Whether it’s wood spiking, steel softening, or concrete shifting, these changes ripple through your entire project. We guide developers through the Value Engineering process, helping you adapt intelligently—not reactively—so the design still works and the budget still holds. See What Your Project
Reading Time: 2minutesWant to Save Thousands on Insurance? See the Real Numbers Behind One Project Insurance premiums are rising fast—and some developers are finding six-figure savings by changing just one thing. Check out a case study below to find out how. 👉 Let’s talk insurance savings Here’s Why Insurance Costs Keep Climbing Insurers price based on risk—and traditional
Reading Time: 3minutesBASE4 Delivers Housing Communities! We Design It. We Build It. We Deliver It. With global manufacturing and delivery partners behind us, BASE4 now offers full-scale factory-built housing solutions for volume developers. Let’s deliver smarter, faster, and bigger together! A First Look at the Future of Housing Get an exclusive glimpse at our innovative prefab home — engineered for
Reading Time: 3minutesHow Could Tariffs Potentially Impact Your Project Costs? Trade shifts impact prices and sourcing, potentially rippling through markets and material availability. Potential new tariffs could inflate construction costs, possibly posing challenges for new hotel and multifamily development. Read on. Optimize Your Project with BASE4 For developers, understanding material price changes is crucial. Many materials have jumped 40%
Reading Time: 2minutesCreating a successful hotel project requires a clear understanding of the investment involved. At BASE4, we believe in transparency and empowering our clients with the knowledge to make informed decisions. This guide provides a concise overview of the key cost components in hotel construction, drawing upon our estimated breakdown based on a hypothetical 60,000-square-foot hotel project.
Reading Time: 3minutesIs this a familiar scene? Project deadlines looming, budgets spiraling out of control, and a workforce stretched thinner than ever. The traditional construction model is struggling to keep up. But there’s a better way to build. Prefabrication: Design Solutions for Streamlined Construction Prefabrication is revolutionizing the industry, offering a more innovative and efficient design approach.
Reading Time: 3minutesLooking for a more efficient, durable way to build your next hospitality or housing project? BASE4 offers premium modular design solutions, exceeding expectations in quality, efficiency, and durability. Time is Money. Develop with Speed. Let’s Talk About Your Project! In today’s fast-paced market, speed to occupancy is crucial. Modular solutions significantly reduce project timelines, allowing for
Reading Time: 2minutesIn today’s fast-paced construction landscape, efficiency and predictability are paramount. Traditional on-site bathroom construction often presents unpredictable delays, inconsistent quality, and budget blowouts. What can you do? Here is where Bathroom Pods come in! Transform Your Project Today! Elevate Your Construction Projects with the Power of Prefabricated Bathroom Pods. Introducing a Revolutionary Solution: Prefabricated Bathroom
Reading Time: 3minutesSolar energy is reshaping the future of hotel development. As brands emphasize sustainability and energy efficiency, integrating solar readiness into new hotel projects is becoming essential. Developers face a pivotal question: Should you invest now to future-proof your property or delay to reduce initial costs? Read on. Is Your Project Solar-Ready? Let’s Talk! Solar Readiness
Reading Time: 2minutesWe’re back at Hunter! Thrilled to be returning to the Hunter Hotel Investment Conference—the place where the hospitality industry comes alive. We’re looking forward to insightful conversations, valuable connections, and discovering what the future holds for hotel development. Join us! Let’s Connect at Hunter! Your Hub for Hotel Development We’re excited to meet you at the
Reading Time: 3minutesThe rental housing market offers diverse opportunities for developers, but navigating the complexities of apartment and build-to-rent (BTR) communities can be challenging. With shifting market demands and evolving consumer preferences, choosing the right type of community to build is crucial for long-term success. Read on. I Have A Housing Project I Want To Discuss! The
Reading Time: 3minutesAt BASE4, we understand the challenges developers face. Rising costs, tight deadlines, and complex regulations can hinder your vision. We’re architects, engineers, and problem-solvers dedicated to helping you build cheaper and faster. Partner with BASE4 and experience the difference. Our dedicated team of experts works collaboratively with you, ensuring a seamless experience from concept to completion.
Reading Time: 3minutesFor hotel developers, selecting the right brand is a critical decision that directly impacts guest appeal and long-term profitability. The ideal brand provides more than name recognition; it delivers operational support, streamlined design processes, and a competitive edge. So, how do you determine what brands are options, how many keys you can fit on a
Reading Time: 3minutesWhen it comes to achieving efficient and durable construction, developers are turning more and more toward Cold-Formed Steel (CFS) framing—particularly in the form of panelized systems. As the industry demands quicker project turnarounds and materials resilient enough to withstand the elements, panelized CFS is rapidly emerging as a preferred alternative to traditional wood framing. What
Reading Time: 3minutes“You can save $300,000 on this project if you change to makeup air PTACs!” We’ve all heard GCs’ promises to “Value Engineer” a project and save big dollars by redesigning a hotel’s HVAC system with Makeup Air PTACs. Is this really true!? What are the tradeoffs? Will my guests know the difference? Today, we dive into
Reading Time: 3minutesIn construction, time is money, and mistakes can be expensive. Imagine catching potential design or compliance issues before they derail your project—saving you time, money, and stress. Peer reviews are the unsung heroes of successful developments, offering a second set of expert eyes to ensure your plans meet the highest standards. For developers and contractors,
Reading Time: 3minutesNew tariffs might inflate your construction costs—how will they impact your projects? Trade shifts impact prices and sourcing, rippling through trade, materials, and markets—leaving no easy answers. Read on. To understand the significance of tariffs, let’s examine the cost breakdown of a typical home courtesy of Dr. Eisenberg, an internationally acclaimed economist. The median home price in
Reading Time: 4minutesIn 2024, BASE4 has continued to excel, delivering exceptional design solutions across the architecture and engineering sectors. Our dedicated team has completed numerous projects despite industry challenges, reinforcing our position as a trusted design partner. Read on to see how we’re redefining design with incredible projects that stand out in the industry! BASE4 is Changing the Game with
Reading Time: 3minutesA quiet HVAC system is crucial for ensuring a restful stay in hotel rooms. Excessive noise from HVAC units can negatively impact their overall experience. Among the primary systems used in hotels are PTACs, VTACs, and VRF systems. Learn more about these systems and their impact on hotel comfort. Selecting the right system can make all
Reading Time: 3minutesDevelopers often struggle to find sustainable building practices that also provide a strong return on investment (ROI). What if you could adopt green measures that not only benefit the environment but also boost your bottom line? Welcome to the concept of “selfish sustainability,” where eco-friendly practices align perfectly with financial gains. Read on to discover
Reading Time: 3minutesWith lumber prices stabilizing, many developers are exploring building taller hotels using wood. Did you know you can build 5+ stories or even higher hotel out of wood? Discover how Type III construction and podium designs can make this a reality, offering significant cost savings and structural benefits. Unlock the potential of wood construction for your next
Reading Time: 3minutesChoosing the right floor framing system can significantly impact your project’s cost and efficiency. 69% of our clients in 2023-2024 utilized wood trussess in their projects, while 31% opted for I-joists. Developers often grapple with the decision between these two options. Understanding the benefits and drawbacks of each is crucial for optimizing construction costs and
Reading Time: 3minutesWith rising construction costs making project completion increasingly difficult, BASE4 is dedicated to delivering affordable and efficient solutions. Our team excels in developing innovative strategies to optimize expenses through intelligent design practices. Embrace a cost-effective approach to building: Build Cheaper & Faster with BASE4! I Want to Build Cheaper & Faster Bring Your Projects to Life with
Reading Time: 2minutesNoise is among your occupants’ top complaints. Whether it’s a hotel guestroom or an apartment building, noise transmission is bad news for privacy and quality sleep. Can modular construction fix this problem? Read on. Time to block the noise on my project! GREAT NEWS! Modular Construction Provides an Automatic Fix to Noise Complaints from Adjacent Units
Reading Time: 3minutesNoise transmission through indirect paths like floors, walls, ceilings, and gaps can undermine soundproofing efforts. This issue is a major concern in building acoustics as it disrupts living environments. Effective noise reduction creates a tranquil atmosphere, boosts tenant satisfaction, and protects investments. Don’t let indirect sound transmission diminish your projects—ensure peace with superior soundproofing solutions. Want
Reading Time: 2minutesAchieving high Sound Transmission Class (STC) ratings is crucial for ensuring a peaceful guest experience. Explore how superior STC ratings can elevate guest satisfaction. Check out the brand-specific STC requirements below to optimize your hotel’s acoustics. Let’s design a quieter project! Please note that these are the MINIMUM requirements and certain developers choose to go above
Reading Time: 4minutesIn the competitive hospitality industry, guest comfort is key. Superior sound control sets your property apart, ensuring a peaceful stay. Effective soundproofing requires a careful blend of building materials, designs, and methods with Sound Transmission Class (STC) being a critical factor. Prioritizing high STC ratings is essential for superior sound insulation. Discover how to enhance guest comfort
Reading Time: 3minutesDevelopers, are you tired of tenant complaints about noise disruptions? Achieving high Sound Transmission Class (STC) ratings is key to ensuring your guests’ peaceful and comfortable environment. Outside noise and sound from adjacent units can significantly reduce a property’s appeal and value. The good news is that there are practical, cost-effective solutions to block noise
Reading Time: 3minutesDevelopers frequently need help with efficient construction coordination, leading to costly change orders, delays, and increased expenses. Traditional design software often accelerates these issues, making it challenging to keep projects on track and within budget. At BASE4, we exclusively use 3D design technology like Revit to streamline processes, enhance coordination, and ultimately save time and money for
Reading Time: 4minutesSelecting the appropriate construction type for a hotel development is a critical decision that impacts cost, timeline, and overall project quality. Our incredible BASE4 team has worked on numerous hotel projects with different construction types. Each construction method has unique advantages and considerations. It’s crucial to align your choice with your project’s specific needs and
Reading Time: 3minutesThe student housing market in 2024 is booming, with preleasing rates hitting an impressive 73.5% in April, surpassing last year’s record. This surge, combined with a robust average rent growth of 6%, underscores the market’s potential for high returns. As enrollment rates climb, are you ready to capitalize on this growth opportunity? Read on. Student housing
Reading Time: 3minutesDevelopers, do you have a new site and want to know if your project will fit? We can help! At BASE4, we understand the challenges of determining the feasibility and potential of your hotel project on a new site. Our experienced team at BASE4 can work with you to develop a comprehensive concept plan in a
Reading Time: 3minutesDevelopers – Lumber prices, which skyrocketed over 300% in 2020-21, have finally stabilized, but other materials are still affected by high demand, inflation, and global supply chain disruptions. By staying informed on these factors, you can better manage costs and maintain project timelines, ultimately ensuring successful projects. Let’s discuss cost-friendly materials! Softwood Lumber Lumber
Reading Time: 3minutesDevelopers are under immense pressure to find efficient construction methods that significantly shorten project timelines without sacrificing quality. Insulated Concrete Forms (ICF) construction is emerging as a game-changer, offering unparalleled efficiency and robustness. Read on to explore how ICF construction transforms the industry. BASE4 projects constructed with ICF: Ready to Save on Your Next Project?
Reading Time: 3minutesDid you know developers can get up to $2,000 per unit for energy-efficient construction!? Many developers are eligible for a substantial tax incentive under the 45L Tax Credit program. By leveraging this credit, multifamily developers unlock considerable savings, making it easier to invest in future developments. Read on. I Have a Project I Want to Discuss! Understanding the
Reading Time: 4minutesWhen selecting the best HVAC system for your hotel in 2024, developers often struggle with finding the most efficient and cost-effective solution adapted to their specific project needs. HVAC systems can significantly impact guest comfort and operational costs, making it crucial to choose wisely. Read on to learn how to choose the best HVAC system for
Reading Time: 3minutesIn today’s construction landscape, developers are increasingly challenged by escalating costs and persistent delays, which risk project timelines and efficiency. The demand for more efficient building methods has never been more critical. Enter modular construction, an approach that is reshaping the industry. Is modular construction the future? Read on. I Have a Project I Want to
Reading Time: 3minutesDevelopers and investors often overlook the Caribbean hospitality market, uncertain about its viability and profitability. 2023 proved to be a record-breaking year, showcasing unprecedented growth and opportunities. Read on to find out why now is the perfect time to develop in this thriving market. I Have a Project I Want to Discuss! The Caribbean saw
Reading Time: 4minutesCompleting projects has become overwhelming in an era where developers need help with soaring construction costs and extended project timelines. BASE4 offers a lifeline with our innovative and efficient solutions designed to help you overcome these challenges. Let BASE4 transform your construction experience with cutting-edge solutions that redefine efficiency and affordability. Let’s talk about your next project!
Reading Time: 4minutesIn the fast-paced construction world, developers constantly seek solutions that ensure timely, cost-effective project delivery. This is where prefabricated construction, an innovative approach that checks efficiency and affordability, comes into play. 74% of GCs report a cost savings when implementing prefab. Read on. Modular Project By BASE4 Let’s talk about your next project! What Is
Reading Time: 3minutesWhen deciding the timing of building new properties in the multifamily market, many developers need help obtaining accurate and reliable projections. Staying ahead of the curve requires effective insight as the multifamily market grows. Is it the right time to build your next multifamily property development? Read on. Let’s talk about your next project! CBRE is
Reading Time: 4minutesOffice conversion projects are set to double this year, indicating a growing trend in the real estate industry. This shift in focus presents a solution for repurposing outdated office buildings into much-needed residential spaces, addressing the demand for viable living options. Should you convert an office building into an apartment building? Read on. I have an
Reading Time: 3minutesImagine seeing your project come to life before construction even begins. BASE4’s Visualization Team uses cutting-edge technology to create stunning products that captivate the eye. These high-quality visuals are essential for pre-leasing and pre-marketing, giving your project the edge to secure commitments early. Let BASE4 turn your vision into reality. Read on. I Have a Project
Reading Time: 4minutesWhen choosing a parking design option, developers must carefully consider which best suits their project. It is important to compare the costs associated with different design options to make an informed decision. Which one is best for your next project? Read on. Let’s talk about your next project! The right parking design option for a
Reading Time: 3minutesIMPORTANT: Did you know some current HVAC refrigerants will be phased out by January 1, 2025? This could significantly impact your project’s HVAC design. Read on to find out more about the new regulations and how they can affect your upcoming development. I have a project I want to discuss! What Changes Are Coming with A2L Refrigerants
Reading Time: 3minutesChallenges in Today’s Construction Market Ready to Save on Your Next Project? Why Choose Power Design for Prefabrication? Benefits of Prefabrication Contact BASE4 for Your Design Needs In today’s fast-paced construction market, developers need strategies and ideas that streamline project timelines and maintain quality in the face of the recent economic challenges. BASE4 stands at
Reading Time: 3minutesDevelopers are currently dealing with challenges caused by the escalating costs of building materials, presenting substantial difficulties for their projects. The recent producer price index (PPI) report released by the U.S. Bureau of Labor Statistics states that the non-seasonally adjusted index surged by 0.14% in April, following an upward trend of 0.50% in March and
Reading Time: 5minutesReal-World Examples of Successful Dual-Branded Hotels Hotel developers are looking for a way to attract new customers while cutting costs. A Dual-Branded hotel could be the right option for your next project. A Dual-Branded hotel allows developers to offer twice the options within a single property. Read on. DUAL HOME2 SUITES & TRU HOTEL I Have
Reading Time: 4minutesThe Rise of Extended-Stay Amenities Major Brands Dominating the Midscale Segment Marriott’s Entry into the Midscale Market Hyatt and Hilton Expand Their Portfolio Opportunities for Commercial Real Estate and Retail BASE4’s Expertise in Hotel Design and Engineering The midscale extended-stay hotel segment is experiencing growth within the hospitality industry. It provides the convenience and amenities
Reading Time: 3minutesThe Challenge of Skyrocketing Construction Costs Innovative Design and Efficient Solutions by BASE4 Cutting-Edge Technology and Progressive Design Our Commitment to Affordable and Efficient Projects Explore Our Successful Project Case Studies Global Expertise in Quality Standards and Best Practices Yellowstone Landing, TownePlace Suites, and More Contact Us for Your Next Project Completing projects has become
Reading Time: 3minutesIntroduction to 2024 Hospitality Trends Detailed Review of 2023 Performance RevPAR Growth in 2023 Factors Affecting ADR and Occupancy Forecast for 2024 in the Hospitality Industry Predicted RevPAR and ADR Trends Urban vs. Airport Hotel Performance According to the latest CBRE data, the Hospitality Insight 2024 Hotels Outlook reveals positive trends in the hospitality market.
Reading Time: 3minutesUnderstanding the Top Amenities Outdoor and Rooftop Amenities Tech Upgrades and Eco-Friendly Solutions Fitness Centers and Interior Amenities The BASE4 Advantage in Multifamily Developments Tailoring Amenities to Community Needs Developers constantly strive to meet residents’ demands and preferences in the ever-evolving multifamily market. To stay competitive, developers and builders must know the top amenities shaping
Reading Time: 4minutesUnderstanding the Benefits of CFS Framing Faster Construction Times Enhanced Durability and Resistance Sustainability and Lower Insurance Costs Why Choose BASE4 for Your CFS Framing Needs Innovative Solutions and Comprehensive Services CFS framing has gained significant attention in the construction industry as a viable alternative to traditional wood framing. With its inherent strength, durability, and
Reading Time: 3minutesAccording to the Producer Price Index data, the non-seasonally adjusted index increased 0.49% between January and February after increasing 1.27% between December and January. Read on for detailed information for construction material prices. I Have a Project I Want to Discuss! Softwood Lumber In February, the seasonally adjusted PPI for softwood lumber dropped by 2.98%,
Reading Time: 3minutesAs you navigate the ever-evolving hospitality industry landscape, it is crucial to stay ahead of the game and be aware of the key trends shaping the sector in 2024. Being well-informed about these trends will be instrumental in creating successful and future-proof hotel developments. Read on. I Have a Hotel Project I Want to Discuss!
Reading Time: 4minutesDevelopers undertaking coastal projects face a multitude of challenges that are unique to these environments. It is important to be aware of the unique building codes and regulations specific to coastal living. Read on. Coastal development projects come with their fair share of challenges. The first challenge lies in understanding and adhering to the various codes
Reading Time: 3minutesWe have exciting news to share! We are thrilled to announce our participation in the prestigious Hunter Hotel Investment Conference again. This conference brings together leaders and experts in the hospitality industry, providing a unique opportunity for networking, learning, and exploring new partnership opportunities. What an honor to be part of this incredible event. Schedule a
Reading Time: 4minutesBuilders in the housing market are currently facing numerous challenges. High-interest rates and high construction costs have decreased builder confidence. With rates and costs at an all-time high, you may be thinking it’s not the right time to move forward with new development deals, but that may be a mistake! Read on to find out. Let’s
Reading Time: 3minutesThe urban landscape continues to undergo a transition from corporate to community and in 2024, this trend continues. Is it time to consider converting an office building into an apartment building? Read on. I have an office project to convert Financial incentives and economic conditions make now the best time in history to explore conversion opportunities.
Reading Time: 3minutesWe are proud of our expertise in design innovation and engineering excellence, which allows us to elevate the hospitality experience. Our objective is to create immersive and awe-inspiring experiences. That’s why we are developing an exceptional Hampton by Hilton hotel in the breathtaking Virgin Islands of St. Thomas. Read more to know about this wonderful
Reading Time: 4minutesWe help developers find the fastest and most cost-effective construction methods, including introducing new and innovative construction systems that revolutionize the building industry. BASE4 is currently involved in developing several 4-story buildings using new cutting-edge technology. Read on. Image courtesy of RENCO I Have a Project I Want to Discuss! This new system was recognized and featured
Reading Time: 4minutesAs a developer, the new year brings exciting opportunities for project development. You may be in search of the perfect location to embark on your next venture. Are you considering the Southeast and Southwest regions of the United States? It’s natural to question whether these areas are becoming oversaturated. Read on and look closer to
Reading Time: 3minutesIn the past, we saw increased freight prices that led to higher transportation costs for construction materials, equipment, and supplies. Recently, ocean freight prices, specifically China-West Coast US rates, have been on a downward trend and have reached pre-pandemic levels. Read on. I Have a Project I Want to Discuss! According to Freightos data, the
Reading Time: 3minutesMany material prices have stabilized, which is welcome news for the industry. As per the latest Producer Price Index report, construction input prices fell 0.6% in December. In particular, concrete stands out as the exception, with its costs continuing to surge while prices of other materials have reached a stable or plateaued state. Read on to
Reading Time: 4minutesIn today’s competitive real estate market, developers need to be strategic and selective in the markets they choose for new multifamily developments. With changing demographics, economic trends, and varying demand for rental properties, careful consideration of location and market dynamics is crucial. While some markets may appear promising on the surface, a deeper dive may
Reading Time: 4minutesRising insurance costs have become a significant concern, with premiums skyrocketing. Many developers are exploring new building types in order to save hundreds of thousands of dollars (or sometimes even millions!) on these premium costs! Read on to find out more! I Have a Project I Want to Discuss! When we speak about insurance, we
Reading Time: 3minutes2023 has been a windwhirl, despite these challenging times in the industry, we had the opportunity to work on some incredible projects. We appreciate and acknowledge the hard work and dedication of all the developers, builders, vendors, and clients who have chosen BASE4 as their trusted design partner. We are committed to providing all services in-house,
Reading Time: 3minutesAccording to the latest Producer Price Index report, the price level of building materials, excluding energy, has declined. Over the past five months, steel mill product prices have consistently declined, reaching the lowest level since March 2021 with a total decrease of 12.5%. Are construction prices stabilizing? Read on! I Have a Project I Want to
Reading Time: 4minutesAs the demand for high-quality student accommodation continues to grow, the need for innovative housing solutions designed specifically for students is on the rise. Developers are actively seeking out new approaches to meet the needs of this expanding market. Read on. I Have a Project I Want to Discuss! The student housing investment market is
Reading Time: 3minutesThe increasing desire for socialization, mainly fueled by the expansion of the work-from-home revolution and rising construction costs, has led to a trend of shrinking apartment units. Last year, the average size of new rentals decreased by 54 square feet compared to ten years ago, with the average size being 887 square feet. Read on. I
Reading Time: 3minutesThe success of modular and other offsite construction relies heavily on logistics. Transporting, storing, and assembly of prefab components can be difficult and risky. A roadblock during this process can create costly delays in equipment costs and idle labor that can add tens of thousands of dollars a day to a project. Don’t overlook the importance of
Reading Time: 5minutesAs multifamily developers, it is crucial to recognize the value of smart upgrades for multifamily energy efficiency. Energy-efficient projects are in high demand and tend to have a higher market value than their less efficient counterparts. Energy-efficient multifamily projects are now eligible for an expanded tax credit. Read on. Energy-efficient projects are designed and built to
Reading Time: 4minutesExtended-stay hotels are gaining recognition as a credible alternative to traditional multifamily housing. With their flexible accommodations and extended-term rental options, these hotels have found a niche for individuals seeking temporary or transitional housing solutions. Extended-stay hotels have emerged as a popular solution to address the shortage of multifamily housing. Read on. I Have a Hotel
Reading Time: 3minutesThe Caribbean is quickly becoming a preferred destination for hospitality investments with its breathtaking beauty and growing popularity. It’s currently one of the premier destinations for travelers. Hotel occupancy in the Caribbean was 70.2% in July, a 6.4% increase over the same period in 2022. The Caribbean offers an incredible range of hospitality choices, making it an