Real Estate Blog

Value engineering a residential development is a complex process. Implementing value engineering strategies from the preconstruction planning phase helps increase the profitability and efficiency of the project. Here are three ways to value engineer a residential development.

Cost reduction

One of the primary objectives of value engineering is to reduce costs. This can be achieved by using materials and systems that are more cost-effective, streamlining the construction process and optimizing…

Living in a community that is managed by a Homeowner Association (HOA) has an immense amount of benefits, including increase in property value, a rise in community engagement, well-maintained common areas, access to amenities, and architectural controls. Many of these responsibilities are enforced and determined by the HOA’s elected board of directors, and sometimes the tasks at hand can be overwhelming for these volunteers. This is where Ciminelli’s team of real estate professionals can step…

Homeowners associations (HOA) are an excellent tool used by organized homeowners, typically in condos, co-ops, and neighborhoods. This group of members, elected by the residents, help organize, inform, and enforce standards related to the presentation and upkeep of property within the development. Typically governed by the elected volunteer residents, the workload associated with various roles in the HOA can become overwhelming. It’s easy to understand why, with the various tasks of managing budgets,…

The last two homes in a luxurious health refuge built in an infill development in Phoenix are listed for under $1.5 million each. Here's why the developer wanted to create performance-enhancing homes that are be perfectly sealed and soundproof. And check out a photo gallery inside and outside the residences.

This week's leasing & emerging markets news.

This week's real estate news.

A prominent Dayton nursery and landscaping company has purchased three dozen acres of land for over $1 million. The company's president called it a “purchase of opportunity.” Get the details.

Fields Cos. subsidiary Foxgate Capital has purchased 1,400 acres for an acreage home community near Willis.

The Denver metro area has struggled with housing shortages for over a decade. Despite high demand, construction and development costs make it difficult to build enough housing, particularly in the city’s core.

Experts discussed housing and other issues Denver faces during a Sept. 20 Commercial Real Estate Symposium and Forecast Panels hosted by the Denver Commercial Association of Realtors.

“Denver is an exciting place. Many people want to be here,” said Marty Roth with CBRE.

While metro area governments work to streamline their process and create more supply, barriers include expensive land, high interest rates, and labor and material costs.

“We’re more than 100,000 houses short in the metro market,” said Mike Kboudi with Cushman & Wakefield. “To improve attainability and affordability, we need to create more supply, but it’s difficult to find places to build quickly.”

Limited land in Denver pushes development out into the suburbs, he said.

Ryan Severino, chief economist and hea..

Plus, in honor of Architecture Month in October, AIA Honolulu has a lineup of public events on Oahu and Hawaii Island.