PES Structural Engineers New England’s Post

Premium Property Trust operates with a clear investment vision centered around three core principles: developing premium mixed-use properties, continually adding value to these properties over time, and retaining assets in the portfolio for the long term. -Premium Mixed-Use Properties: Our focus is on creating vibrant mixed-use communities that bring together retail, commercial, and residential spaces. By blending these elements, we appeal to a diverse market and foster a sense of community within our properties. -Add Value: We collaborate with creative partners to introduce unique amenities and lifestyle features that enhance the appeal of our properties. These amenities not only increase lease rates and tenant satisfaction, but also contribute to reducing maintenance costs and vacancy rates over time. By continually adding value, we maximize the potential of our real estate assets. -Retain Assets: Instead of pursuing short-term profits through property flipping, we take a long-term approach to asset management. We hold onto our assets until their value has significantly increased, ensuring maximum benefits for our investors upon disposition. By adhering to these principles, Premium Property Trust aims to create enduring value for investors while fostering thriving communities within our properties. For more information, please visit www.pptreit.com or contact us by phone at 833-778-7348
 . . . #premiumpropertytrust #birminghamalabama #bhamal #realestateinvesting #realestate #architecture #pptreit #realestateinvestment #realestateinvestmenttrust #buildinggenerationalwealth #mixedused #newurbanism #generationalwealth #investing #reit #ppt #verticalintegration #premiumbydesign

In an era of evolving urban landscapes, the transformation of underperforming commercial spaces into #multifamily residential units represents a significant architectural and economic opportunity. Leveraging the inherent strengths of prime locations and robust infrastructure, #adaptivereuse not only maximizes returns but also aligns with shifting demographic trends and lifestyle preferences. By converting these spaces, DNA Workshop has helped our clients breathe new life into urban areas, enhancing community vibrancy and ensuring the sustainability of investments. #architecture #realestate #housing

The national vacancy rate for commercial real estate is 17.9% and rising, with some cities, such as Dallas, seeing drastically higher vacancy rates. As market demand evolves, here's how we've seen our clients mitigate their risk and unlock hidden value by making the jump to residential. #commercialrealestate #adaptivereuse #multifamily #affordablehousing

With housing affordability in Sydney at a point where it is out of reach for many first home buyers, apartments are becoming hot property. As we see the need for more apartments increase, developers cannot get them built fast enough, often meaning shortcuts are taken which can result in disastrous defects, as we are hearing about with new apartments in the Lachlan Line’s complex at Macquarie Park. My recently published article in Architecture & Design addresses the problems with buying new apartments off the plan and what the problems that arise can mean for owners. You can read here - https://lnkd.in/dtG2qvN6 #buyersagent #sydneyrealestate #sydneypropertymarket

Number three of our '10 Ways to Build Multifamily Housing Better and More Affordably' focuses on how to gracefully design a structure to fulfill aesthetic requirements while not breaking the bank. The cost efficiency ideas we’ve outlined within CEDC are not mutually exclusive to housing quality and design quality, rather they are placing a priority on avoiding design moves that tend to add considerably to first cost, without adding functional or practical value for the short or long term. It is probably accurate to say that some design moves are undertaken primarily if not completely for aesthetic reasons, and – in the context of many budget-challenged affordable housing projects – those motivations need to be recognized and judged accordingly by project teams as they work together to evaluate the relative merit of incorporating various elements into affordable housing designs. The underlying premise of CEDC is that if we, as project teams, make the appropriate strategic decisions in terms of those larger scale measures on our projects, we will discover we have more resources available within budgets to incorporate the features and measures that truly enhance building quality, function, and durability. At Wy’East Plaza (2019-2020), the project team was able to establish not only how to get construction costs down close to $100,000 per unit, but we were able to do so with no net reduction in quality from the typical projects we develop, design, and build. Furthermore, we were able to demonstrate a path to meeting high performance standards (Passive House, in this case) for less than a 5% cost premium – which on Wy’East would amount to an additional $6,000 per unit in construction cost. #CEDC #affordablehousingconstruction #wyeastplaza

In today's competitive real estate market, commercial landlords face increasing pressure to maintain and enhance the value of their properties. However, the time, carbon used and cost of a rebuild is very significant, so a better option would be to upgrade it. Upgrading buildings is not just about aesthetics; it's about future-proofing investments, attracting and retaining tenants, and improving overall profitability.   In our latest blog, we explore the key reasons why commercial landlords should consider upgrading their buildings, including some recent statistics from studies on corporate real estate. READ BLOG: https://lnkd.in/ddZ3R9r2   Needs some help with upgrading your property? Call Trevor Shephard   #design #realestate #casestudy #sustainability #ROI #landlords

𝗧𝗼𝗼 𝗴𝗼𝗼𝗱 𝘁𝗼 𝗯𝗲 𝘁𝗿𝘂𝗲: 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻, 𝗱𝗲𝘀𝗶𝗴𝗻 𝗮𝗻𝗱 𝘂𝗻𝗶𝗾𝘂𝗲 𝗮𝗿𝗰𝗵𝗶𝘁𝗲𝗰𝘁𝘂𝗿𝗲? Cetana Real Estate Investment Trust is redefining the landscape of sustainable housing. Their mission? To construct eco-friendly homes more rapidly and affordably than traditional methods. Specializing in prefabricated mass timber structures, Cetana is set to reduce construction times by a whopping 33%. The rapid build process could allow the new REIT to complete up to five projects within a year or two. “It will go faster, like a hockey stick curve. We will start replicating our vision. Each building will be different, but 85% of what we do can be replicable based on the structural factors and all will be low, or zero, carbon.” said Andrew Bowerbank in an interview with CoStar this month. With this rapid construction model, Cetana aims to complete as many as five projects in just one to two years. "We're accelerating fast, replicating our eco-conscious vision in each project, with 85% of our processes being replicable and focused on achieving low or zero carbon emissions," says Andrew Bowerbank, as reported by CoStar. Cetana’s second project will be a larger undertaking in Innisfil, Ontario, a city of about 43,000 residents on the shores of Lake Simcoe, about 100 kilometres north of downtown Toronto. The project will take on a European feel to the project with retail and dining incorporated as a jump-off point to the nearby park and waterfront. Bowerbank is bullish on Innisfil, which is connected to Toronto through a Go transit train and is on the shore of Lake Simcoe, one of the last publicly accessible sandy beaches in Southern Ontario. Does this sound like an opportunity to you? We think so. Before you think about making moves in your real estate investment strategy? You better know the trends. Take advantage of a free 15 minute consultation to discuss how we can help you reach your financial goals through better real estate strategies. #paramountrealestateproperties #InnovativeREIT #SustainableDevelopment #RealEstateTrends #EcoFriendlyInvesting #FutureOfHousing

Here is an article from the Herald where I am quoted: #LiveLocalAct #architectinMiami #UnitedArchitects #rezoningMiamiBeach #rezoningMiami

Matthew is 100% correct. Boston deserves the best. The city has already bungled the redevelopment of the Seaport, and now seems intent on repeating its mistake by creating another non-neighborhood at Columbia Point. Developers and city officials ought to look to neighborhoods that people want to live in and visit (e.g. South Boston, the South End, Beacon Hill) as models for new development. Of course, I understand that zoning laws of the last century have made that sort of low-rise, high density, and human-scale development exceedingly difficult, but the proliferation of these soulless and, frankly, ugly projects should serve as proof of how misguided said zoning laws are, if not in their intent then at least in the outcomes they inevitably produce. New development ought to blend harmoniously with its surroundings. Projects like these, on the other hand stick out like a sore thumb. It’s a shame that developers and city officials are so enamored of “innovative” designs and styles like this. The irony of course, is that innovative projects like this feel outdated before their ever even complete. When it comes to building great neighborhoods, I say innovation is overrated. We figured out the best way to build decades ago. It’s not old fashioned, it’s timeless. Let’s finally consign these 1960’s style mega projects to the trash heap of history

What does the #newconstruction buyer look for? 🤔 We find out with Homety, a #proptech that brings together buyers of new construction residential properties and #real estate developers in a unique space. Read the full interview with Lázaro Porras: