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Industry Insights

Senior Living and the Faith-Based University

Omar Rihani of Project Management Advisors on why developers should explore this "uncharted territory."

Media Coverage

Middle-Class Demand for Affordable, Alternative Lodging Boosts Investment in Niche Sector

“These are people who have a primary residence in a place where they’ve been for a long time, and they’re looking for a spot along the beach, in nature or just in a warmer climate where they can be surrounded by new scenery but need access to the amenities like WIFI to stay connected.” says Florida-based Robert Wilson, vice president at the real estate consulting firm of Project Management Advisors, Inc.

Media Coverage

Student Housing in 2023: Stagnation? Or Continued Investor Interest?

As mentioned in a previous article, the fundamentals examined by student housing buyers and builders involve college enrollment. As such, “campus housing has largely been insulated from the economic slowdown since just about every campus in the U.S. is facing some degree of student housing shortage,” explained Eric Gould, senior project manager and student housing expert at Project Management Advisors Inc.

Industry Insights

DTLA Debate

“I think safety is a big issue.” Sonnet Hui, general manager and vice president at Project Management Advisors Inc., said. “I think all these issues go hand in hand. If we don’t deal with the homeless population, they’re starting to migrate to other pockets of downtown, which is making a lot of people feel unsafe, unfortunately. And I think that safety is a priority for a lot of employers.”

Industry Insights, Media Coverage

Cruise Brands’ “Landlubber” Presence: Q&A with PMA’s Leon Camarda

These days, the positively setting sail. Cruise organizations are also developing and/or owning commercial real estate and land-based hospitality, retail and entertainment destinations as another way to attract travelers. Connect CRE recently spoke with Leon Camarda, executive vice president, Project Management Advisors Inc., about this trend of cruise brands “coming ashore” to build and operate commercial real estate holdings.

Media Coverage

Aging in Place Gains Momentum in the Seniors Home Care Industry

“Aging in Place” (AIP) is part of that theme, Doug King, Healthcare Vice President Emeritus at Project Management Advisors, tells GlobeSt.com. He calls it an interesting conundrum when looking at the high demand for senior housing next to the AIP trend that’s been picking up speed in recent years.

Media Coverage

Dos and Don’ts for Life Science Conversions

Not every building or location will be a fit for this fast-growing sector, observes Ken Richter of Project Management Advisors. Adapting existing properties for life science purposes is a prevailing strategy for breathing new life into real estate assets.

Industry Insights

Strategies for Success in Hospitality Investments

Hospitality and hotel development projects are subject to the same economic challenges as others in the real estate industry, including high construction costs and a heavy debt burden pressure. But pent up post- COVID demand and underserved markets in the space can translate into investment opportunities for those who know where to look and how to navigate this nuanced asset class.

Media Coverage

2023 Year in Review: Jerry Maffia, Project Management Advisors, Inc.

Our company and specifically several individuals from our local office were brought in to rescue a project that had gotten away from the original project team. We were able to turn the project around and deliver it to the developer and operator ready for use and occupancy in the fall.

Media Coverage

JLL: Hybrid Work Here to Stay

“I think this new approach is more humane,” Sonnet Hui, general manager and vice president at Project Management Advisors Inc., said. “And I actually think it drives more flexibility because it treats people like adults. It allows them to make decisions on their own and balance what they need to do in the work environment, as well as in their own personal lives.”

Media Coverage

On The Horizon For CRE In 2024: All Eyes On Interest Rates, Ailing Office, Multifamily Supply Surge

Higher interest rates coupled with slower rent growth have made new development prohibitive, with new starts trending down through 2023, and many cities can expect new supply to peak in 2024, Solit said. As the gap between average monthly mortgage payments and average monthly rent payments widens, more people will choose to rent, Project Management Advisors Project Director Peter Jones said.

Industry Insights

Q&A: Project Management Advisors’ Mark Knott Discusses 2024 Hospitality Trends

Throughout 2023, the hospitality industry has experienced a number of shifts. To understand more about current trends in the hospitality industry and where it is headed in the new year,...


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