Whether you’re buying new property, planning a new use for an existing property, or simply caring for your property as it is, inspections are a regular part of commercial property ownership. It’s also a part of property ownership that is rapidly changing, becoming better, faster, and cheaper, thanks to new technologies. Here are three technologies…
Construction companies everywhere rejoiced this year when the FAA passed new regulations that make it simpler to legally operate Unmanned Aerial Vehicles (UAVs, aka drones) for commercial purposes. The new regulations have opened the door for substantial cost savings, new capabilities, and innovation. According to some industry estimates, the ruling is expected to generate more…
Brownfield sites can be attractive investment opportunities, thanks to the many government incentives available for redevelopment. We’ve written previously about the pros, cons, and due diligence involved, as well as dealing with contamination and the terminology to know. Now we’ve rounded up all the current incentives available for brownfield sites in Florida, and are making…
It’s a nightmare no property owner wants to deal with. We had a call a few weeks ago from an owner whose construction project hit a major roadblock due to the discovery of mold growth. The construction company had failed to dry-in the project before hanging drywall, and the drywall had gotten wet. Where there’s…
For lending institutions, issuing a construction loan presents unique and substantial risks, from the contract phase to pre-construction, construction, and final payment. And, due to the nature of long-term lending and property ownership, those risks don’t end just because the construction project does. Successful lending relies on the lender’s ability to manage and mitigate those…
If you ask developers about brownfield development, you’ll often get one of three responses: They’ve done it before and it was a disaster, they’ve never done it and never will, or they’re in the process of considering a brownfield property for purchase. Unfortunately, you’ll only rarely hear from someone who has done it and wants…
In the wake of a disaster, the priority on everyone’s mind is getting back to normal as quickly as possible. For catastrophe response contractors, this means their primary focus is on getting their clients back in business and their buildings back to standard occupancy. Unfortunately, the understandable focus on speed can be disastrous when hidden…
Unmanned Aerial Vehicles (UAVs), popularly known as drones, have become all the rage for photographers, and everyone knows they’re more reliable than the post office when it comes to delivering packages. But did you know that drones are getting set to solve some of your stickiest property management issues too? Here are six of the…
Dealing with a contaminated property for the first time can feel like a nightmare in wonderland. The headaches are numerous, and the costs can be outrageous. The bureaucratic maze of regulations can make your head spin, and even the terminology is impossibly complicated. Whether you’ve purchased a property only to learn later that it’s contaminated,…
Much has been written about how Unmanned Aerial Vehicles (UAVs, commonly known as “drones”) are set to transform the construction industry. From surveying and mapping to performing dangerous tasks, nothing in recent history has offered so much futuristic potential as the application of drone technology. In light of GLE’s recent investment in a drone, our…
