Construction costs, GC bond challenges & presentations from 2024 NAREIM AED meeting
NAREIM Architecture, Engineering & Development meeting. Presentations
September 11-12, 2024
The NAREIM Architecture, Engineering & Development meeting took place in Austin this week. To download the meeting presentations, click on the links below:
Construction estimating: Have you got a handle on estimating escalating costs?
How are you planning for and handling escalating costs in a world of inflation and high rates? Together with Cumming Corporation, NAREIM members discuss current market conditions as well as how investment managers are looking and allocating risks across different delivery models, geographies and property types.
By Mark Fergus, Executive Vice President, Cumming Group
GC bond insurance push-back and underwriting GCs
Managers are increasingly being pushed to forgo GC bond insurance - but what does that mean for due diligence pros in architecture, engineering and development groups? How do managers manage risk without GC bonds and what metrics do they need to consider to consider doing their due diligence?
By Kevin Claborn, Bond Manager, Liberty Mutual Surety
Emerging fire risks of battery and energy storage systems
There doesn’t seem to be a day when we don’t hear about the precautions needed to deal with fires fueled by EV and electric batteries. But what does that mean for CRE? How are you thinking through space requirements and accessibility, especially in existing assets and for stacked mechanical parking; what is the impact of ADA and building codes on installations and what are your strategies relating to fire separations and suppression? Download the two presentations here:
Indoor air quality: Red-flag tenants and the realities of IAQ strategies in a post-Covid world
Post-Covid all tenants are keenly focused on indoor air quality – but what are current best practices for real estate investment managers in terms of indoor air quality (IAQ)? What strategies can be implemented that balance IAQ with sustainability initiatives and energy efficiency? This session will focus on operational strategies and HVAC system and control technologies being implemented today to maximize IAQ without sacrificing energy efficiency.
By Nathanael Benton, Managing Director of Mechanical Engineering Solutions, Partner Engineering & Science
Hot topic environmental risks: PFAs, water scarcity and gas bans
NAREIM members walk through three key areas of environmental risk and emerging contaminants: PFAs, gas bans and water scarcity. What is the latest in terms of legal consequences of the EPA's listing of nine per-and polyfluoroalkyl substances (PFAS) as hazardous and what are the emerging challenges posed by local and state gas bans as well as the emergence of local code requirements limiting water use and development.
By Danny Worrell, Senior Counsel, Baker Botts LLP