As an owner of a multifamily property or senior living facility, your top priorities are achieving a high tenancy rate and maximizing rental income.You also want to give your residents a high quality of life by providing a place they can call home. In order to maintain a property’s value and remain competitive in an already crowded market, you need to plan for unit renovations. Unfortunately, the timing of a unit renovation can be tricky as you deal with annual budgets, move out dates that aren’t aligned, and of course, you may even have a bad resident that requires a unit to need immediate attention upon move out or eviction.
At Global Construction, our team of unit renovation specialists can help you through every step of the process whether you are renovating a handful of units or looking to begin a long term, multi-phase renovation. Whether you have five units or fifty, our team is primed to take on your project.
THE 21 DAY UNIT RENOVATION STANDARD
Most unit renovations consist of a similar set of milestones to hit. Over the years we’ve honed our renovation process and developed a 21 day timeline to keep our subs accountable. By assigning key dates before we even take a unit, everyone on our team knows what’s expected of them, keeping our projects on schedule.
COMMUNICATION AT ALL PHASES OF YOUR PROJECT
We believe that communication is key to a successful project. At each and every phase of your unit renovation project, we will make sure that you are informed of what has been completed, what is happening now, and what is on the horizon. The team assigned to your project will not only hold regular internal meetings to ensure your project remains on schedule, but we also conduct weekly Owner, Architect, and Contractor (OAC) meetings to go over important project details at every phase. Additionally, you will be able to track the progress of your project daily through your own BuilderTrend portal. Here you can find daily logs, photos, approved change orders, and notes about the status of your project.
- Project Kickoff Meeting
- Weekly OAC Meetings
- BuilderTrend Portal
- Access to Client Specialist
- Project Team Assigned to You including Project Manager, Project Coordinator, and Superintendent
FEATURED PROJECT: SENIOR LIVING UNIT RENOVATIONS AT HOLLY CREEK
General contractor and construction partner, Global Construction, completed unit renovations at senior living facility, Holly Creek, to bring units up to date and help maintain property value. In doing so, property owner, Christian Living Communities, has been able to grow entrance fees and monthly rates to better reflect the quality of living and amenities at their Centennial, CO property.
LOOKING FOR A GC FOR YOUR NEXT PROJECT?
There is a lot of work that goes into managing all of the moving pieces of a multi-phase unit renovation project. From flooring to drywall to plumbing and electrical, oftentimes success requires full time attention from a construction manager. A good General Contractor will help you save time and money while giving you peace of mind by transferring liability and a better chance of completing your project on time and on budget. Contact us today to discuss your project!