Dana on February 3, 2021
HOW TO VALUE ENGINEER YOUR SCOPE OF WORK
HOW TO VALUE ENGINEER YOUR SCOPE OF WORK You have the ideal scope of work complete with everything you would like, but after reviewing the proposals received you realize that something’s got to give. Your budget will not allow for all of the things on your “wishlist” scope, so what...
Read more
Dana on January 20, 2021
2021 TRENDS IN MULTIFAMILY HOUSING
2021 TRENDS IN MULTIFAMILY HOUSING The overwhelming demand is for spaces where the apartment renter will feel comfortable, healthy, and connected. Below are some of the multifamily housing trends we expect to see a lot of in the coming year! AMENITIES More and more people have embraced the great...
Read more
Dana on December 22, 2020
HOW TO CHOOSE EXTERIOR PAINT COLORS
HOW TO CHOOSE EXTERIOR PAINT COLORS WHY YOU SHOULD REPAINT Over time, multifamily apartment buildings will show the natural wear and tear of weather and age. The first step you need to complete is choosing the right color for your asset! ...
Read more
Dana on December 3, 2020
PROJECT SPOTLIGHT: HALSEY FLATS
PROJECT SPOTLIGHT: HALSEY FLATS Renovations at Halsey Flats (formerly Mallgate of St. Matthews Apartments) began back in February of 2018. Located in St. Matthews, a submarket of Louisville, KY, this multifamily apartment community is surrounded by restaurants and nearly every chain store imaginable, making it Louisville’s largest shopping district. Halsey...
Read more
Dana on November 5, 2020
HOW DO YOU CREATE THAT SECOND PHASE OF VALUE?
HOW DO YOU CREATE THAT SECOND PHASE OF VALUE? Research has shown that the following steps will set your asset apart from the competition: Complete the required deferred maintenance. Renovate units to compete effectively in the market. When you plan on holding an investment for three to five years, we...
Read more
Dana on September 30, 2020
HOW TO HANDLE SUPPLY CHAIN DELAYS
HOW TO HANDLE SUPPLY CHAIN DELAYS You’ve signed the contract on your latest asset, lined up a reputable general contractor (ahem, Adivo) and are ready to begin the renovation process. Then, you receive a call from the GC that some of the supplies needed to perform the renovation are delayed....
Read more
Dana on September 16, 2020
THE DIFFERENCE BETWEEN A GENERAL CONTRACTOR AND A CONSTRUCTION MANAGEMENT COMPANY
THE DIFFERENCE BETWEEN A GENERAL CONTRACTOR AND A CONSTRUCTION MANAGEMENT COMPANY The difference between a general contractor and construction management company may not be as apparent to individuals not in the construction industry. Both can play an important role in construction projects, but their differences may be the decision...
Read more