The Commercial Real Estate Revolution

The Commercial Real Estate Revolution
Author: Rex Miller
Publisher: John Wiley & Sons
Total Pages: 91
Release: 2009-07-08
Genre: Business & Economics
ISBN: 0470523700

As it currently operates, the commercial real estate construction industry is a disaster full of built-in waste. Seventy-percent of all projects end over budget and late. The buildingSMART Alliance estimates that up to fifty-percent of the process is consumed in waste. Almost every project includes massive hidden taxes in the form of delays, cost overruns, poor quality, and work that has to be redone. Building new structures is a fragmented, adversarial process that commonly results in dissatisfied customers and frequently ends in disappointment, bitterness, and even litigation. The industry must change—for its own good and that of its customers. But while the industry has tried to reform itself, it can’t do it alone. Real change can only come from business owners and executives who refuse to continue paying for a dysfunctional system and demand a new way of doing business. The Commercial Real Estate Revolution is a bold manifesto for change from the Mindshift consortium—a group of top commercial real estate industry leaders who are fed up with a system that simply doesn’t work. The book explains how business leaders can implement nine principles for any project that will dramatically cut costs, end delays, create better buildings, and force the industry into real reform. The Commercial Real Estate Revolution offers a radically new way of doing business—a beginning-to-end, trust-based methodology that transforms the building process from top to bottom. Based on unifying principles and a common framework that meets the needs of all stakeholders, this new system can reform and remake commercial construction into an industry we’re proud to be a part of. If you’re one of the millions of hardcore cynics who work in commercial construction, you probably think this sounds like pie in the sky. But this is no magic bullet; it’s a call for real reform. If you’re an industry professional who’s sick of letting down clients or an owner who’s sick of cost overruns and endless delays, The Commercial Real Estate Revolution offers a blueprint for fixing a broken industry.

Commercial Real Estate Restructuring Revolution

Commercial Real Estate Restructuring Revolution
Author: Stephen B. Meister
Publisher: John Wiley & Sons
Total Pages: 272
Release: 2010-12-01
Genre: Business & Economics
ISBN: 9780470944301

How to plan for the commercial real estate collapse Encompassing apartment, office, retail, hospitality, warehouse, manufacturing, and flex or R & D buildings, commercial real estate (CRE) investment in the U.S. totaled $6.4 trillion at the end of 2008. As noted in the February 2010 Congressional Oversight Panel Report, $1.4 trillion of CRE debt is coming due by 2014 and half of the CRE projects securing such debt are underwater. Commercial Real Estate Restructuring Revolution: Strategies, Tranche Warfare, and Prospects for Recovery looks at how we got into this mess–impacts of the housing crisis, debt structures, lender-borrower collusion, and bankruptcy abuses–and offers possible solutions to the CRE crisis. Along the way, author Stephen Meister: • Discusses how CRE value losses are being driven by investors’ risk adjusted cap rates, not just poorer market fundamentals • Discusses strategies and emerging trends in CRE foreclosures, including forced lender fundings, lender attempts to chill bids and UCC foreclosure tactics and pitfalls • Proposes legislative solutions and explains how any rebound will require federal spending cuts, a vast deleveraging and a market clearing process With a crashing CRE debt market and the hundreds of CRE-heavy regional banks destined for failure, getting out ahead of the curve is essential. Commercial Real Estate Restructuring Revolution addresses how we got here and how you can plan for the impending crash.

Rent Estate Revolution

Rent Estate Revolution
Author: Kevin Ortner
Publisher: Sfr Group
Total Pages: 148
Release: 2017
Genre: Finance, Personal
ISBN: 9780998880006

The New Industrial Revolution

The New Industrial Revolution
Author: Peter Marsh
Publisher: Yale University Press
Total Pages: 322
Release: 2012-07-17
Genre: Business & Economics
ISBN: 0300117779

Explores more than 250 years of manufacturing history, arguing that the rise of China and India is not necessarily the death knell of the U.S., U.K., German and Japanese economies, if only those nations can adapt.

Broken Buildings, Busted Budgets

Broken Buildings, Busted Budgets
Author: Barry B. LePatner
Publisher: University of Chicago Press
Total Pages: 240
Release: 2008-09-15
Genre: Law
ISBN: 0226472701

Across the nation, construction projects large and small—from hospitals to schools to simple home improvements—are spiraling out of control. Delays and cost overruns have come to seem “normal,” even as they drain our wallets and send our blood pressure skyrocketing. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America’s sole remaining “mom and pop” industry—an industry that consumes $1.23 trillion and wastes at least $120 billion each year. With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has firsthand knowledge of the bad management, ineffective supervision, and insufficient investment in technology that plagues the risk-averse construction industry. In an engaging and direct style, he here pinpoints the issues that underlie the industry’s woes while providing practical tips for anyone in the business of building, including advice on the precise language owners should use during contract negotiations. Armed with Broken Buildings, Busted Budgets, everyone involved in the purchase or renovation of a building or any structure—from homeowners seeking to remodel to civic developers embarking on large-scale projects—has the information they need to change this antiquated industry, one project at a time. “LePatner describes what is wrong with the current system and suggests ways that architects can help—by retaking their rightful place as master builders.”—Fred A. Bernstein, Architect Magazine “Every now and then, a major construction project is completed on time and on budget. Everyone is amazed. . . . Barry LePatner thinks this exception should become the rule. . . . A swift kick to the construction industry.”—James R. Hagerty, Wall Street Journal

The Green Building Revolution

The Green Building Revolution
Author: Jerry Yudelson
Publisher: Island Press
Total Pages: 270
Release: 2010-04-16
Genre: Architecture
ISBN: 1597267635

The “green building revolution’’ is happening right now. This book is its chronicle and its manifesto. Written by industry insider Jerry Yudelson, The Green Building Revolution introduces readers to the basics of green building and to the projects and people that are advancing this movement. With interviews and case studies, it does more than simply report on the revolution; it shows readers why and how to start thinking about designing, building, and operating high performance, environmentally aware (LEED-certified) buildings on conventional budgets. Evolving quietly for more than a decade, the green building movement has found its voice. Its principles of human-centered, environmentally sensitive development have reached a critical mass of architects, engineers, builders, developers, professionals in government, and consumers. Green buildings are showing us how we can have healthier indoor environments that use far less energy and water than conventional buildings do. The federal government, eighteen states, and nearly fifty U.S. cities already require new public buildings to meet “green” standards. According to Yudelson, this is just the beginning. The Green Building Revolution describes the many “revolutions” that are taking place today: in commercial buildings, schools, universities, public buildings, health care institutions, housing, property management, and neighborhood design. In a clear, highly readable style, Yudelson outlines the broader “journey to sustainability” influenced by the green building revolution and provides a solid business case for accelerating this trend. Illustrated with more than 50 photos, tables, and charts, and filled with timely information, The Green Building Revolution is the definitive description of a major movement that’s poised to transform our world.

Intellectual Property Revolution

Intellectual Property Revolution
Author: Shireen Smith
Publisher: Rethink Press
Total Pages: 212
Release: 2015-09-16
Genre: Business & Economics
ISBN: 9781781331583

We're undergoing a quiet revolution. The new currency in our digital economy is information, ideas, know-how, brands, systems and data. Whether you're starting a new business, building a brand identity or launching a new product or service, you're also creating intellectual property. Do it right and the intangible assets you create could be worth more than the products or services themselves. Do it wrong and you could miss vital opportunities, have your true value stolen or find yourself on the wrong side of an intellectual property dispute. Shireen Smith brings her years of experience as an IP lawyer with specialist knowledge of the digital playing field to highlight the new threats and opportunities of IP in today's global marketplace. Combining comprehensive coverage of all areas relating to IP with real case studies of IP in action, this book will enable you to... 1. Implement your ideas and unlock their full commercial potential; 2. Bullet-proof your brand and protect your best ideas; 3. Identify your most valuable intellectual property assets; 4. Harness IP to create scarcity and drive up business value; 5. Innovate and stay ahead in your industry; 6. Avoid accidentally infringing the rights of others

Enlightened Real Estate

Enlightened Real Estate
Author: Barry B Scherr
Publisher:
Total Pages: 176
Release: 2016-10-15
Genre: Business & Economics
ISBN: 9780998130903

A NEW DIRECTION FOR REAL ESTATEWe are presently in the midst of one of the greatest transformations in the history of human culture. The simultaneous rise of technological breakthroughs and world consciousness is unprecedented. Old ways of thinking are being swept away. Power structures that dominated for decades are crumbling. New opportunities are arising. People everywhere are questioning how to navigate this new paradigm. As consciousness is rising, a new lifestyle is emerging and real estate will soon regain its traditional role as a stabilizing structure in society. Rising interest in walkable zones, alternative energy, meditation, yoga, and organic food are the first signs of a transformation that is revolutionizing the way we live and the communities we should create. Our buildings and communities need to resonate with this emerging lifestyle and reflect a higher goal for our society. A new asset class, the Ideal Village is a holistic, practical blueprint for buildings and communities that support this stress-free, enlightened approach to life.From abstract idea to practical application, Enlightened Real Estate explores the mindset behind the built environment of today and offers a new, enlightened vision for the future.

Change Your Space, Change Your Culture

Change Your Space, Change Your Culture
Author: Rex Miller
Publisher: John Wiley & Sons
Total Pages: 292
Release: 2014-09-29
Genre: Business & Economics
ISBN: 1118937813

The fastest, easiest way to shift culture toward engagement and productivity Change Your Space, Change Your Culture is a guide to transforming business by rethinking the workplace. Written by a team of trail-blazing leaders, this book reveals the secrets of companies that discovered the power of culture and space. This insightful guide reveals what companies lose by viewing office space as something to manage or minimize. With practical tips and implementation details, the book helps the reader see that the workspace is, in fact, a crucial driver of productivity and morale. Change Your Space, Change Your Culture was born out of recent studies that expose truly outrageous "Oh, my God" realities: More than 70 percent of the workforce either hates their job or they are just going through the motions. Half of all office space is wasted. Those shattering facts exist because office space is generally regarded as "overhead" or "sunk cost." Most buildings today clearly communicate the low priority placed on people-friendly design. Poor workforce engagement is baked into the culture. This book provides guidance on turning this around, by rethinking and reshaping space to align with the way people work. Specifically, this book moves from the high-altitude view down to the details on how to: Discover the fastest, easiest and most cost-effective way to shift culture Add square footage by using space more effectively Boost employee engagement and vitality by the creative use of space Learn how space can become a powerful productivity tool We all know that design, space, and flow have a powerful effect on the human psyche. Our homes, museums, sports arenas, places of worship, and even airport terminals reveal that. Environment can inspire dread or enthusiasm, distraction or focus, collaboration or isolation. That's why the office must be designed to inspire the desired culture and workflow – if it's not properly designed, no program, training or rules will be effective over time. Change Your Space, Change Your Culture is the practical guide to office space, the foundation of an engaging culture.