Posts by Robert Beauchemin

Multnomah County Enhances Portland’s Housing Incentive Program to Foster Development in High-Cost Areas

At BC Group, we’re excited to see what impact this will have and applaud the efforts taking place to encourage affordable housing. In a significant move to support housing development in Portland’s pricier neighborhoods, the Multnomah County Board of Commissioners, on a recent Thursday, approved a pivotal amendment that broadens the scope of Portland’s Multiple-Unit…

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Portland City Council Undertakes Efforts to Help with Housing

In case you missed it, the Portland City Council has recently taken significant steps to address the city’s housing development challenges through the Housing Regulatory Relief Project. While the impact remains to be seen, it’s a positive step to streamline the commercial project development process. This initiative seeks to reduce the financial and procedural hurdles…

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What is Included in Commercial Real Estate Development Management?

Commercial real estate development management encompasses a broad range of activities that guide a development project from conception to completion. When a property development and construction management company takes on a project, it typically covers several key stages and responsibilities: Market Analysis and Feasibility Studies: Before any physical work begins, a thorough analysis of the…

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Why Should You Consider a Property Development and Construction Management Advisor?

Hiring a property development and construction management advisor brings a multitude of advantages to any commercial real estate development project. These firms provide expertise, experience, and resources that can greatly enhance the efficiency, profitability, and success of a project. Here are several compelling reasons to consider engaging such a firm: 1. Expert Knowledge and Specialized…

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What Are the Kinds of Due Diligence that a Commercial Construction Management Firm Perform for a Commercial Real Estate Developer?

Due diligence in commercial construction management involves a comprehensive evaluation of all aspects related to a construction project to ensure it is viable, legal, and financially sound. For a commercial real estate developer, a construction management firm like BC Group can perform various types of due diligence to mitigate risks and ensure the project’s success.…

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How Can a Commercial Real Estate Advisor Help a Commercial Real Estate Developer?

A commercial real estate advisor plays a crucial role in guiding a commercial real estate developer through the complex landscape of property development, investment, and management. Their expertise and insights can be invaluable across various stages of a project, from inception to completion and beyond. Here’s how they can assist: 1. Market Analysis and Insights…

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Considering Hiring a Commercial Real Estate Advisor? Here’s What to Know.

Engaging a commercial real estate advisor can offer numerous benefits for a commercial real estate developer or business owner looking to expand their real estate assets. Here are some key advantages: • Market Knowledge and Insights: Advisors have extensive knowledge of the commercial real estate market, including current trends, property values, and demand patterns. This…

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What are the Considerations for Converting Office to Residential, and How Can BC Group Help?

Converting office space into a residential unit involves several considerations, including providing the necessary amenities to ensure comfort and functionality for the tenants. The specific amenities you can provide will depend on the size and layout of the space, local regulations, and the preferences of the residents. Experienced project teams and owner’s representatives can help…

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What are the Evolving Priorities for Deciding Where to Live?

Many factors influence how people think about and decide where to live. Traditional considerations include job opportunities, cost of living, the housing market itself, climate, educational quality, family ties and more. However, some of these traditional factors are shifting and residential developers, designers and others involved in the industry need to focus more on the…

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Multi-family Construction is Holding Steady. Why is There Still Such a Housing Shortage?

The multifamily construction segment is still excelling, according to a recent report, but a nationwide housing shortage persists. The housing shortage can be attributed to various factors, such as population growth, limited construction of new housing units, zoning restrictions, and increasing demand for affordable housing. How can multifamily housing supply be so steady, when, per…

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Can embodied carbon in commercial construction be lessened?

A new study says that embodied carbon (EC) reductions must be made in order to meet global greenhouse gas emission targets. Building operations and building construction account for 28% and 11%, respectively, of global greenhouse gas emissions, according to the International Energy Agency.  “Embodied Carbon U.S. Industrial Real Estate,” produced by BranchPattern, a building consultancy…

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