News and Insights
“Hotelization” Can Improve the On-Site Office Experience: Q&A with Project Management Advisors’ Mark
Bringing more hospitality-inspired experiences and amenities into the workplace has been a slow but steady trend, going back well before the COVID-19 pandemic.
Soundstages Were Already Reeling Before This Summer of Strikes. Now What?
Matt Moran, director at Project Management Advisors, which represents owners and real estate managers, including studio developers, said his firm has seen a slowdown in construction projects. “Clients or owners...
Los Angeles Skyscraper, Unfinished and for Sale, Draws Potential Buyers — And New Ideas
Real estate professionals who aren't involved with Oceanwide Plaza had mixed feelings when asked whether they thought it made sense for any parts of Oceanwide Plaza to be taken down. The property's next owner still will need to inject a substantial sum to complete the development, said Sonnet Hui, vice president and general manager of real estate consultant Project Management Advisors.
How Medical Office Building Tenants, Landlords Can Work Together to Optimize Lease Terms
Collaboration can help create better relationships. “Historically, relations between medical tenants and owners have been a tricky game, with each side trying to “win” at the other’s expense,” Eric Hoffman, Vice President at Project Management Advisors, tells GlobeSt.com. “But a more creative and collaborative approach is necessary, both to optimize lease terms that are agreeable on both ends and to implement cost-savings initiatives.
Women Leaders Of Real Estate- Allison Owens of Project Management Advisors On The 5 Things You Need
When I became a project manager, it felt like I finally had the balance of creativity, personal relationships and business savvy I was searching for. It’s the kind of job where you’re faced with a new problem every day and are always coming up with original solutions.
Compliance Strategies for Fire Safety
“Facility directors frequently work with the safety officer for the hospital,” says Douglas King, vice president and national healthcare sector leader for Project Management Advisors, a national real estate consulting firm.
Streaming War-Era Leasing Changes Offer A Buffer For Studio Landlords As Hollywood Strikes Shut Down
The now-concurrent strikes of two national unions representing writers and actors for major entertainment producers like Paramount and Netflix have the potential to dramatically alter the way Hollywood works and are squeezing media companies at a time when they are under increasing pressure to perform and be profitable.
Studios Rise in Sylmar
Sonnet Hui, a vice president and general manager of Project Management Advisors, said studios were close to 100% occupied coming out of the pandemic. “They are in high demand because people are looking for content and content creation and entertainment,” she said.
Resort Living is the New Luxury Staple
Whether you are a young business professional or retiree looking for an all-encompassing living experience, these contemporary urban residences are intriguing to those looking for an all-inclusive living experience.
Squeal with Delight at Peppa Pig’s New Dallas Area Theme Park
Our Austin team recently celebrated a pink-hued groundbreaking ceremony for the new Peppa Pig Theme Park in North Richland Hills, Texas.
Regulations, Rising Costs Limit Affordable Housing Availability
In 2022, the National Association of Home Builders and the National Multifamily Housing Council issued a joint report that found a staggering 40.6 percent of development costs can be attributed to regulations imposed by all levels of government. While many of these requirements are good intentioned—and some are absolutely necessary—an increasingly complex patchwork of development regulations has suppressed the supply of new housing stock and made housing less affordable across the board, with increased costs being passed on to tenants in the form of higher monthly rents.
As the Commercial Market Falls Apart, These Three Assets Could Be Your Next Big Opportunity
Offices across the country are still sitting empty. The nationwide office vacancy rate reached a high of about 20% in the first quarter of 2023, according to JLL, and while big tech companies are pressuring workers to return to the office, the hybrid work model has led to an increase in commercial office delinquencies. According to Trepp, a real estate analytics firm, the office delinquency rate surged 125 basis points in May to over 4%.
