Fulcrum kicked off the 2016 Construction Draw Prep Seminar schedule in Irvine at the end of March 2016 and it was a huge success! Lenders, investors, owners, owner’s representatives, developers, general contractors, and engineers all gathered for an informative day full of classroom sessions, guest speakers and interactive workshops. [Read more…]
As we enter this exciting New Year of 2016 with El Niño and the turmoil in the Financial markets clearly forces to be reckoned with and both the Presidential elections and Olympic Games to look forward to, it is the perfect time to document our current view of the future and the important problem solving role that our organization provides to all of our Clients and Partners. [Read more…]
Fulcrum’s Summer Retreat 2015 set new heights!
The late summer of 2015 in Phoenix, Arizona, saw the Fulcrum “family” spend quality time at The Phoenician Resort. With the ever expanding office locations Fulcrum offers nationwide, team members traveled to the sunny desert for another few days of team training, local client interaction, and fun activities.
The retreat marked a record attendance for the Fulcrum “family” as the company continues to attract staff who are recognized as industry leaders within the real estate and construction industry. The two-day company training sessions were designed to improve all aspects of the services Fulcrum offers to our various clients.
Certain of Fulcrum’s local clients were able to visit face-to-face with the team members of Fulcrum. A large “Thank You” must be said to all our clients who took time out of their day to be with the Fulcrum team.
The Retreat would not have been complete without taking time to embrace what the desert offers. To this effect, Fulcrum enjoyed an evening of celebration in Old Town Scottsdale that included fine Italian cuisine. Later that weekend, all skill levels circumnavigated the greens of The Phoenician Golf Course. And for those more accustomed to nature, hiking to the new heights of the surrounding mountains.
The Fulcrum Summer Retreat 2015 is testament to the hard work and dedication of each Fulcrum team member, with the inherent desire to ensure all of our clients continue to bear the fruits of their investments.
There are certain risks related to construction in real estate that have a tendency to increase as the economy looks to make its recovery. Let’s take a look at five common risks related to the industry.
Fulcrum recently completed a Plan and Cost Review of a multi-family housing development, during which we noted that the architect and civil engineer had overlooked a stipulation included within the zoning approval. [Read more…]
While every construction project may be considered unique, by their nature, renovation projects present their own set of distinctive challenges and associated risks over and above those found with typical ground up construction. The following are just a few of the important factors to be considered. [Read more…]
Debt versus Equity: you may ask “what is the difference?” when it comes to these two types of Property Condition Assessment (PCA). [Read more…]
As affordable housing projects continue to be at the forefront of residential construction starts, developers, investors, and lenders may be pursuing projects that they don’t fully understand. Certain hot-topic items to be aware of are addressed below: [Read more…]
With support from the federal government, as well as state and local governments, primarily through tax credit programs and mandates for renewable energy generation, renewable energy projects are currently in a period of growth. Tax credits have played a key role in the growth of these projects (in regions where these credit programs are in place) due to the availability of tax credit equity financing, which provides a valuable source of financing for medium to large scale installations. [Read more…]