News and Insights
Balancing Act: The State of Multifamily Construction
“We’re at a point of vulnerability here, but it’s natural,” notes Omar Rihani, executive vice president and national residential sector leader at Project Management Advisors. “You can’t perfectly deliver supply to meet demand. It just takes too long to deliver housing. We’re entering the period where starts are way down and slowing, and the demand continues to outstrip the supply.”
Project Spotlight: Gradient Canopy
PMA provided owner representation and project management services as a consultant to Google on the Gradient Canopy project. This innovative space includes flexible workspaces, along with Google’s first-ever Visitor Experience...
How to get PIPs back on track with occupied renovations done right
Hotel guests hate disruptions. There’s nothing more frustrating for a guest than choosing a hotel based on amenities like a pool, gym or on-site restaurant only to find out at check-in that one or more of those amenities is not available. Nothing more frustrating, that is, besides construction noise when they’re trying to work or relax.
While Life Sciences Leasing Slumps, Evolving Investment Market Gears Up For Turnaround
“Purpose-built life science buildings in the core markets can be infinitely adaptable within the R&D space, playing out for the long term and making life sciences a highly attractive investment,” Project Management Advisors Vice President Melissa Plaskonos said.
Livable Lifestyle Community Planned for Fashion Valley
The plan to add a residential component to Fashion Valley is in line with similar projects elsewhere as mall owners move to update their property and look for new sources of revenue, said Alberto Lopez, project director with Project Management Advisors, a real estate and development consultant based in Solana Beach.
Healthcare Landscapes Come of Age
There is a continued and increasing interest in Biophilic design as healthcare organizations evolve their understanding of the best ways to treat their patients," says Eric Hoffman, vice president and healthcare sector lead with Project Management Advisors, adding that healthcare facilities are emphasizing the need to design for mental health and emotional and spiritual wellbeing, which can affect recovery.
State Of Lab Real Estate: How The Biggest Markets Are Slogging Through Supply
San Diego has also seen more Big Pharma activity over the last year. According to Ken Richter, national life sciences sector lead for Project Management Advisors, large biotech firms have made some big moves.
The Emergence of University/Developer Partnership Projects In Life Sciences
It may have seemed unlikely during the pandemic life sciences boom, but in today's economic climate marked by rising interest rates and more selective venture capital, the growth of life sciences developments within the sector has slowed.
A Sporting Debate Over Studio City Project
"I think all know that Los Angeles is facing a housing crisis, and a homeless as well," Sonnet Hui, general manager and vice president at Project Management Advisors Inc., says. "I think the only way to be able to address it is by providing more housing."
