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
Reading Time: 4minutesMidscale Extended Stay Hotels are a growing segment in the hospitality industry, offering the convenience and amenities of a hotel along with the comfort and flexibility of an extended stay. With new brands like Project H3 by Hilton, Hyatt Studios, and Marriott International’s StudioRes entering the market, interest has increased tenfold. This segment is outperforming
Reading Time: 4minutesThe hotel market in the Southeast is currently experiencing a surge in investment opportunities. The region’s flourishing economy and the rise in business and leisure travel have led to a high demand for hospitality services. The Southeast market stands as our busiest market for new hotels. Keep reading to find out more. I Have a Hotel
Reading Time: 3minutesWe understand the importance of creating a memorable and attractive space for your guests. Are you a hotel owner looking to renovate your property? Ready to transform your hotel? Read on. A PIP, or property improvement plan, is an action plan designed to bring a hotel property into compliance with the latest brand standards. We do
Reading Time: 3minutesThe U.S. multifamily market posted a solid performance in mid-2023. This market has showcased positive trends and growth in several areas. The U.S. multifamily market experienced a remarkable increase in demand, with 70,200 units of positive net absorption in Q2, marking the first significant quarterly demand since Q1 2022. Read on. With the U.S. population increasing
Reading Time: 4minutesFirst impressions matter; having an attractive interior can help make a project appealing. As a developer, have you ever wondered about the importance of having interior design professionals as part of your project team? Read on. Did you know? 3D interior rendering has unquestionably shaped decisions by developers. Need Interior Design Services?! Benefits of Hiring an
Reading Time: 4minutesModular construction, which can cut down the cost and time of building, is gaining popularity in North America as developers look for more efficient and adaptable ways of construction. This method offers a more flexible option in construction as it reduces the need for on-site labor, materials, and equipment. Is it time to consider modular? I
Reading Time: 3minutesThe multifamily industry has demonstrated resilience against various challenges, such as rising construction costs and regulatory obstacles, but this sector continues to show no signs of slowing down! Read on! Let’s Talk about your Multifamily Development! The multifamily market remains on solid footing, ready for continued growth in the years ahead. The latest report on
Reading Time: 3minutesConstruction costs are high. Rework and change orders due to coordination issues and incorrect builds are making this number higher! What can you do? I Have a Project to Discuss By using construction technology, as a developer, you can build structures more efficiently and cost-effectively, resulting in faster and cheaper construction projects. Construction technology has revolutionized
Reading Time: 3minutesOver the past two years, there has been a significant surge in apartment conversions. This growing trend in the real estate industry has resulted in the creation of converting outdated office buildings into much-needed residences—an effective solution for transforming existing spaces into viable living options. Should you convert an office building into an apartment building? Read
Reading Time: 4minutesLast year Build-For-Rent (BFR) homes had a record-breaking year in the U.S. More than 14,500 houses were built for this purpose, which is a 47% increase from the previous year when fewer than 10,000 homes were completed. Is built-for-rent housing the next big thing in multifamily living? Read on. Let’s talk about your next project!
Reading Time: 3minutesThe latest Producer Price Index report shows that the cost of building materials excluding energy, did not change much in June 2023. Key construction materials are still costly, and some building material prices have increased slightly. How does this affect the construction industry? Read on to find out. I Have a Project I Want to Discuss!
Reading Time: 3minutesDespite the current news and economic state, many people are still constructing buildings. The construction industry has started the year on a positive note, which is a good sign for its future. The industry’s potential for expansion and resilience is evident from these figures. The ongoing investments in infrastructure and the strong housing market further
Reading Time: 3minutesDespite the current economic issues, high construction costs, and challenges on the jobsite, we are delighted to see that many projects are still moving forward. Thank you to all the developers, builders, vendors, and clients for partnering with BASE4, your trusted design partner! I have a project to discuss Regardless of the obstacles developers, constructors,
Reading Time: 3minutesIn today’s environment of higher construction costs, optimizing building efficiency is crucial. Unnecessary wasted space resulting in the loss of rentable square footage can significantly impede the financial return on investment. Meet the market demand while maximizing investment returns, read on! I have a project I’d like to discuss Achieving higher efficiency directly translates
Reading Time: 3minutesWe have been closely watching what is happening in the hospitality industry, and we are delighted to announce the upcoming launch of a new upper-midscale extended-stay brand: Hyatt Studios. Our incredible team is excited to join this new upper-midscale extended-stay brand release as we work on several new Hyatt Studios Hotels for our clients. The Hyatt Studios
Reading Time: 3minutesThe multifamily market continues to be one of the more appealing property developments in the real estate market. The national multifamily real estate market remains stable and exhibits strong fundamentals, even with the recent challenges of high inflation and increasing interest rates. Here is an update on the current market projections; read on. Let’s talk about
Reading Time: 4minutesHotels are making a comeback! Investors and industry professionals have closely watched as the hotel industry witnessed an overall improvement in its fundamentals, showing a year-over-year increase of 15.5% in revenue per available room (RevPAR). Read on for more information on what’s happening with the current market metrics. There has been a rise in the percentages
Reading Time: < 1minuteA few hospitality events are just unmissable! Along with Base4 CEO Dr. Garry Vermaas, I am attending next week’s Hunter Hotel Conference at the Atlanta Marriott Marquis. Taking this opportunity to interact with many of our clients and acquaintances, Garry and I invite you to come say hello. Looking forward to awesome conversations with both
Reading Time: 2minutesSee you at the Hilton Global Owners Conference 2017! Base4 is excited to be attending next week’s Hilton Global Owners Conference 2017 in Dallas, TX. Base4 is a Hilton Preferred Partner for Architecture, Structural and MEP Engineering and we are honored to be a gold level sponsor at this year’s event. With over 40 Hilton projects currently in various stages of design,
Reading Time: < 1minuteSee you at IHG Americas Conference next week! Base4 is excited to attend this year’s IHG Americas Conference at The Venetian in Las Vegas, Nevada next week. The IHG Americas Conference brings together industry representatives such as hotel Owners, General Managers, Hotel Management, and Franchise Representatives. IHG comprises 5,070 hotels worldwide and 1,407 in its growing pipeline as well
Reading Time: < 1minuteBase4 is excited to be attending the 29th Annual Hunter Hotel Conference at the Atlanta Marriott Marquis next week. We look forward to spending some time with many of our clients and partners in the hospitality industry at this event. If you are attending this year’s event, please let us know as we’d love to schedule some time to
Reading Time: < 1minuteBase4 is excited to be attending the 2016 Lodging Conference at The Arizona Biltmore Resort and Spa in Phoenix, AZ next week. We look forward to spending time with many of our clients and partners in the hospitality industry at this event. If you are attending, please let us know as we’d love to schedule some time to say hello.
Reading Time: < 1minuteClass Is In Session! B4U (Base4 University) is several weeks into our first academic semester. Our 37 talented program attendees are graduates selected from some of the premier local colleges in the fields of Architecture & Engineering. The Base4 Executive Team designed this 3-month academic period to be intensive and filled with expert lectures and
Reading Time: < 1minuteBase4 is excited to be attending the 62nd Annual Choice Owner’s Conference at Mandalay Bay next week in Las Vegas. This year’s theme is “Momentum” and two of our founding partners, Dr. Garry Vermaas and Blair Hildahl, will be on site to discuss all the momentum they are seeing in the hotel industry. Base4 received
Reading Time: < 1minuteBase4 is excited to be attending the 28th Annual Hunter Hotel Conference at the Atlanta Marriott Marquis next week. We look forward to spending time with many of our clients and partners in the hospitality industry at this event. If you are attending, please let us know as we’d love to schedule some time to say hello. Looking forward to
Reading Time: < 1minuteBase4 is excited to be attending the 27th Annual Hunter Hotel Conference at the Atlanta Marriott Marquis next week. We look forward to spending some time with many of our clients and partners in the hospitality industry at this event. If you are attending this year’s event, please let us know as we’d love to schedule some time to
Reading Time: 2minutesIntroducing a New Partner Base4 is excited to announce a new partner, Amr Gawad, who is based in Orlando and will be leading the Base4 civil engineering department. Amr is a licensed professional civil engineer (PE) with over 30 years of experience in land development for projects around the world. Originally from Egypt and having