• zumBrunnen

Reserve Study Best Practices & the Most Common Omission in Forecasting – A comprehensive facility assessment is the foundation of a Reserve Study. However, not all facility assessments are created equal! The quality of the data directly impacts the accuracy of the budgets. Learn why experience matters most in conducting an assessment, and also learn about the most common omission that throws budgets off track.

Pros and Cons of Different Types of Reserve Study Funding Plans – Many reserve study consultants recommend a fully funded plan, but there are other types of funding plans that might be more beneficial based on your situation. Our article explores the advantages and disadvantages of five options: 1) Fully Funded Plan, 2) Baseline Funding Plan, 3) Threshold Funding Plan, 4) Statutory Funding Plan and 5) Modified Funding Plan.

20 Questions to Ask Prior to Beginning the Annual Budgeting Process – The annual budgeting process is a critical step in managing your facilities. Before you jump into the process, there are many important issues to consider. We’ve developed a list of 20 “must ask” questions. Does your planning process “prompt” you to consider everything on OUR list?

Four Steps to Creating an Effective Asset Management Program for Real Estate Holdings – Whether you manage a single property, multiple buildings or a portfolio of real estate holdings, the proper management of real property is critical to your success. It’s imperative to have an effective asset management plan in place as part of your comprehensive capital planning process. We’ve summarized the components and building blocks into a four-step process.

Key Considerations in Conducting a Thorough Facility Condition Assessment – Buildings and facilities are often the greatest financial asset for many businesses. Conducting routine facility condition assessments is critical to maintaining efficient and attractive properties. As part of the assessment process, it’s important to evaluate issues such as potential contamination, construction compliance, security, life safety systems and more. Our article outlines key items for consideration.

9 Best Practices for Real Estate Asset Management – This white paper outlines best practices for the successful asset management of real property including buildings, grounds, furnishings and equipment.  Whether you manage a single property, multiple buildings or a portfolio of real estate holdings, the proper management of these assets is critical to your success.

10 Fall Building Maintenance Tips – Prepare Now for the Cold Weather to Come – Here are 10 important things to do as a building Owner or Director of Facilities to ensure you and your buildings are ready for the change in seasons. Putting these items on your fall “To-Do List” over the next month or two will help ensure energy-efficient, dry, and comfortable buildings, and most importantly, a safe environment this winter.

How to Avoid Capital Budget Shortfalls – No one likes shortages in the capital budget! See how using long-term budget forecasting tools helps management teams become progressive versus reactive and how this ensures adequate funds for all capital expenses. Using our four-part process, learn how you can eliminate capital surprises and accurately align income with expenses.

Why Smart Developers & Equity Partners Add Third-Party Independent Construction Consultants to Their Team – Developers strive to deliver quality projects on schedule and within budget. Learn how Independent Construction Consultants improve the process for the entire project team. Third-party consultants offer objective, accurate and timely reports to prevent problems, resolve issues and keep projects on track. The entire project team benefits from transparency and unbiased reporting.

Construction Monitors: How Borrowers, Lenders, Developers, and Investors Can Better Partner – As an alternative to hiring a bank inspector, borrowers and lenders should give consideration to partnering and hiring an independent construction consultant as a construction monitor. A third-party construction monitor serves ALL parties whereas a bank inspector reports their findings ONLY to the bank. When a construction monitor is hired, learn how the entire project team (borrowers, investors, lenders, developers, architects, and contractors included) share in the benefits.

Energy Savings Initiatives Owners Can Take Right Now to Improve Building Efficiency and Performance – Building Envelope Systems – By improving the exterior building envelope, owners can easily increase building efficiency and performance. We offer many tips that are cost effective and easy to implement when replacing or repairing roofs, windows, doors and exterior building materials. These changes will improve system performance and lower operating costs.

Energy Conservation: Learn How Recommissioning of HVAC Systems Improves Efficiency – As energy conservation requirements are being adopted into more building codes and regulations, building owners are looking for more ways to save energy. An often overlooked method to easily improve the operation, comfort and efficiency of your buildings is recommissioning your HVAC systems. Implementing recommissioning will not only have immediate benefits of lowering operating costs, but will likely extend the life of these expensive systems and equipment as well.

Will You Have Adequate Capital Replacement Funds for the Future?Capital replacement plans typically focus on depreciable assets. However, every component of a building will need to be replaced, repaired or maintained over time. As buildings age, expenses tend to compound, and you can suddenly find yourself without adequate funds to fix problems. Learn what you need to include to properly budget for the future.

Why Smart Executives & Boards Focus on Long-Term Budgets – Learn why smart management teams use long-term budgeting to ensure adequate funds for future capital expenses.  Although there is little accuracy in projecting operating expenses beyond five years, projecting capital expenses is just the opposite. Learn why it is an absolute necessity to budget far enough into the future to incorporate all major long-term expenses.

What Executives Need to Know About Energy Conservation & New Reporting Regulations – Green building policies and energy conservation guidelines will continue to get more stringent over time as we look for new ways to improve the energy efficiency of both residential and commercial buildings. Although climate change has become a political hot button issue, there remain economic and environmental advantages to making new and existing buildings more energy efficient.

Benefits of Updating Your Capital Replacement Plan and BudgetDeveloping a solid “plan” is your first step toward success. Keeping your information updated is the next step. How do you make sure your future budget projections are accurate? Learn why it pays to keep your data current and how periodic reviews of your facilities can save you time and money.

Thinking of Deferring Maintenance? Think Again! Did you know the real penalty for deferring maintenance that becomes a “breakdown event” is not two or three times the cost of the original repair, but can easily become a mind blowing 15:1 ratio or even exceed a 40:1 ratio in terms of cost? Read our white paper to learn more.

Transition Report & Reserve Study Versus a Property Condition Assessment Report – Learn why Common Interest Real Estate Properties benefit from a combination of Transition Reports and Reserve Studies instead of a PCA report.

Challenges of Constructing Athletic Facilities – Building athletic facilities with multiple and hybrid venues, and varying levels of use, are some of the most complex of projects to undertake.  Indoor athletic centers most often are the “catch-all” facility. These facilities may be used by most or even all departments and require support services such as:  food, security, IT, etc.  They serve every member of your staff, student body members, their families and the community at large. Learn more about the factors to consider to ensure a successful project.

Improper Ground Cover Placement and Maintenance Errors – Improper pine straw and ground cover placement, and simple maintenance errors, are some of the most common problems we see that often lead to costly repairs. Prevention is super simple!

Reserve Study Update Questions – National Reserve Study Standards (NRSS) recommend an update to your reserve study every 3 years, but how do you know if you should also schedule a site visit? Our handy checklist of questions will help you determine if you should consider a site visit as part of your update.

Fully Fund Depreciation? – When helping clients prepare Reserve Studies, we are often asked if they should stick to the national standards for a Fully Funded Plan (100% of depreciation). We have an alternate option that makes more sense in many situations.

Three Green Initiatives – How “green” are your facilities? There are easy ways to become more green each time you renovate.

Facility Management Performance – Are you maximizing the efficiency of your facilities and taking advantage of all cost-saving opportunities? To find out, use our Facility Management Performance Self Assessment Tool. The assessment takes approximately 10 minutes to complete and presents you with a helpful checklist to stimulate conversation and action within your own organization and management teams.

Fundamentals of a Reserve Study – Do you wonder about the benefits of different funding plans and want to learn how to evaluate the best option to meet your needs? If so, you need to read zumBrunnen’s white paper on the Fundamentals of Replacement-Reserve Funding. It includes helpful examples and illustrates the pros and cons of various funding reports.

Fall Building Maintenance Tips – A return to fall temperatures may seem like a welcome relief after the summer, but the change of seasons is a prime time to get your facilities ready for the colder months to come. Check out our handy checklist to see if you are prepared!

zumBrunnen Budget Checklist – The annual budgeting process is a critical step in managing your facilities. Before you jump into the process, there are many important issues to consider. Does your planning process “prompt” you to consider everything on OUR list?

Benefits of Elastomeric Paint – Water penetration is a building’s worst enemy. Take a quick waterproofing survey to see if you have signs of damage and learn how elastomeric paint prevents water penetration, eliminates cracks and offers a durable line of defense for exterior finishes.

Perimeter Check – At least twice a year, you should conduct a Perimeter Check to prevent potential problems. Learn what to look for and how to coordinate yours with our illustrations and quick tips.

Keys to Facility Assessment – What are the most commonly overlooked factors in conducting a thorough facility assessment? Have you investigated all key areas of your facility? Contamination and construction details are just two areas for review. Read our white paper to see the other four key areas we identify to make sure you are covering all your bases.

Capital Replacement Planning Tips – Looking for suggestions on how to develop a capital replacement plan? Our white paper outlines tips for getting started, pointers on conducting a thorough facility assessment, and suggestions on how to develop the capital plan itself. The paper also offers ideas on how to effectively budget for the long term.

Benefits of 20-Year Planning – By including 20-year capital expense projections in your strategic budget plan, you can eliminate capital surprises and accurately align income with expenses. Learn why a strategic budget plan should include 5-year projections for operating expenses and 20-year projections for capital expenses.

Strategic Planning To Meet Your Capital Needs – John zumBrunnen was interviewed by Senior Living Business for their February 2011 issue. Learn why the annual budgeting process is a critical step in managing your facilities. Before you jump into the process, there are many important issues to consider. Does your planning process “prompt” you to consider everything on OUR list?

Facility Management: Running A Tight Ship – John zumBrunnen was interviewed by Senior Living Business in May 2010. Need a plan of attack on how to best deal with delayed building repairs, deferred equipment replacements and shelved maintenance programs as a result of recent budget shortfalls? Learn how to catch up and get things back on track.

Customized Solutions – This article highlights how zumBrunnen assisted Shell Point Retirement Village with a $150 million expansion project in Fort Myers, Florida.

Role of Construction Consultant – When lenders and borrowers involved in development projects team up to hire a construction consultant, the entire project team – equity investors, lenders, developers, borrowers, architects, and contractors included – share in the benefits. Learn more by reading the case study.

Due Diligence Profitability – Due diligence can positively impact the bottom line! Learn how developers and lenders increased profits and turned more deals through strategic partnering on due diligence services on Longwood at Oakmont. This case study illustrates how zumBrunnen partners to help clients achieve success and improve profitability.

Prescription For Building Success – John zumBrunnen was interviewed by Retirement Community Business Magazine and provides helpful tips on achieving project success.

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