Modular Construction Management
We provide Modular Construction Management Services to the real estate industry
Modular Construction Management Services
Leading Modular Consultant
Modular Construction is changing the landscape of the hospitality, multi-family, affordable, senior and student housing segments of the construction industry, due to ever-increasing demands to get to market faster, more efficiently, and more economically. Fulcrum is your Pivotal Resource in identifying and mitigating risks while maximizing the benefits of Modular Construction.
modular feasibility Review
Is your project a good fit for Modular Construction? How much would it cost? How much revenue can I capture if I open earlier? Fulcrum addresses these questions in our Modular Feasibility Reviews.
modular risk mitigation
We help our Owner, Developer, Lender and Investor Clients understand the unique risks relating to Modular Construction and have customized risk mitigation tools to help facilitate successful projects.
Cost Management
With significant scopes of work being completed offsite, knowing who does what and where the costs are to be allocated can often prove challenging. Fulcrum utilizes our Cost Database and Modular Construction experience to help manage costs from project initiation to completion.
Construction Management
Fulcrum is a leading Modular Construction Management firm in the U.S, with our ability to manage and coordinate both onsite and offsite scopes of work.
Team Selection
We help our Clients understand each of the team members required for a successful Modular project. We work with our Clients to assemble the most suitable project team for success.
Turnkey Development
Are you an Owner with no desire to be a Developer? Fulcrum can act as the Developer to deliver your project in less time with potentially lower costs utilizing Modular Construction.
Educational Seminars
Our nationwide team sits on Modular discussion panels and holds private seminars on all aspects of Modular Construction.
Modular Case Study
Home 2 Suites, San Francisco, CA
Home 2 Suites is a recently completed Modular building located in San Francisco, CA.
$7.23MM
Earned Using Modular Methods vs. Conventional
Click to see how
The use of the Modular method resulted in a schedule savings of eight months. With 155 guest-rooms an actual average daily rate of $185 and an average occupancy of 73.5%, the estimated combined gross revenue capture was an astonishing $7.23MM.
Schedule Savings - 8 Months
Total # Of Guest-Rooms – 155
Average Daily Rate – $185
Average Occupancy – 73.5%
Average Gross Monthly Revenue – $653,360 x 8 Months
Estimated Gross Revenue Capture – $5.23MM
Total Hard Cost Savings - $2MM
Total Net Gain - $7.23MM
Modular Case Study
Home 2 Suites, San Francisco, CA
Home 2 Suites is a recently completed Modular building located in San Francisco, CA.
$5.23MM
Earned Using Modular Methods vs. Conventional
Click to see how...
The use of the Modular method resulted in a schedule savings of eight months. With 155 guest-rooms an actual average daily rate of $185 and an average occupancy of 73.5%, the estimated combined gross revenue capture was an astonishing $7.23MM.
Schedule Savings - 8 Months
Total # Of Guest-Rooms – 155
Average Daily Rate – $185
Average Occupancy – 73.5%
Average Gross Monthly Revenue – $653,360 x 8 Months
Estimated Gross Revenue Capture – $5.23MM
Total Net Gain - $7.23MM
FAQ
Frequently Asked Questions
Is your project a good fit for Modular?
Modular is not right for every project. However, there are a number of key modular constructability indicators and factors that can be identified early in the process to determine whether modular might be a good fit for your project. Fulcrum can provide a Modular Feasibility Review to address these questions, including establishing a preliminary project delivery team, preliminary scope of work, preliminary building specification, preliminary delineation of responsibility, preliminary milestone schedule, and preliminary Rough-Order-Of-Magnitude (ROM) budget.
How much Revenue can I capture if I open early?
Modular has the potential to offer significant revenue capture when compared to conventional construction. In fact, a recently completed Home2Suites by Hilton hotel in South San Francisco, CA realized an additional $5.23MM in revenue by using modular. This was realized due to a schedule reduction of 8 months allowing it to open much earlier than otherwise possible. Fulcrum’s Modular Feasibility Review can help identify potential revenue capture and hard cost savings before any decision is made.
How do you manage offsite work?
Due to the early financial commitment required by the modular process, prior to onsite construction being performed, it’s vital to the success of the project that identification, management, and risk mitigation of offsite work is implemented. As part of Fulcrum’s Modular Construction Management suite of services, our team conducts manufacturer observations to identify and mitigate risks associated with offsite work.
Which Manufacturer is right for my project?
Fulcrum has an extensive database modular manufacturers across the US, Canada, Europe, and Asia. In addition, Fulcrum has an extensive database of lenders, equity investors, set-up contractors, transporters, architects, etc. that are a part of the modular project delivery team. Fulcrum can help you bring together the right team for your modular project.
What are some of the external factors that make Modular work?
There are a number of factors that present advantages for developers at the early stages of the modular construction process. Advantages include; however, are not limited to, lower labor costs in unionized areas and areas with higher than average labor rates, areas with labor shortages, and areas with geographic and/or weather-related challenges.
Am i limited to a certain size if I go modular?
With many advancements in the industry, modular is constantly evolving. A common myth is that you are limited to a shipping container-like size and design when building volumetric modular. This is inaccurate. Modules do need to fit within modular industry parameters, as they pertain to certain dimensions and transportation factors; however, once the modules are onsite and set, all manner of interior and exterior finishes can be applied.
Construction Tech Review
Fulcrum In the news
In a recent edition of CTR magazine, Fulcrum discussed the advantages that pertain to Modular Construction. Fulcrum was also named as one of the prestigious CTR Top 10 Modular Construction Consulting Services Companies in 2020.
TESTIMONIAL
What People Are Saying
“Being our first Modular hotel development it was critical that we had the right team supporting us. Fulcrum’s Modular Construction knowledge and unique risk management services proved vital to the success of the project. We look forward to working with Fulcrum on many more Modular deals!”
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(877) 664-9642