News and Insights
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."
Planet vs. Plastic
Small Action, Big Impact As we commemorate Earth Day, we are reminded of the collective responsibility we hold towards our planet. This year, the spotlight is on one of the...
Avoiding the day-two downfall: Five ways to set up a project for success
These “day-two” issues, or problems that arise after construction has completed and building operations have commenced, are not exclusive to any one sector. Whether a building is a healthcare facility, a hotel or a multifamily property, securing stable occupancy and creating a functional space for the end user is essential to driving profitability and achieving investment goals.
Builders Cautiously Optimistic About Long-Term Industry Outlook
Andrew Bohnert, vice president and general manager of Project Management Advisors, said that some companies are using this time to work on project design and permitting, anticipating an improvement in financing looking past 2024.
Senior Living and the Faith-Based University
Omar Rihani of Project Management Advisors on why developers should explore this "uncharted territory."
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.
