Insights

Recreation market exploding due to COVID

Outdoor recreation businesses experiencing increased demand The global pandemic may have wreaked havoc on the international and domestic travel industry, but the outdoor recreation market is experiencing demand that has gone through the roof. That includes businesses that sell both big and smaller ticket items, including many segments of the recreational vehicle market, as well…

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The importance of wayfinding in memory care settings

You can build new or remodel to meet projected demand We know the wave of baby boomers is coming, and with them, an increased need for memory care settings with appropriate wayfinding. The U.S. Census Bureau reports that 20% of the population in the states will be 65 and older by 2030. And the Alzheimer’s…

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Zup’s taps DBS Group to design-build new store in Ely, MN

Zup’s has contracted with DBS Group to design-build another grocery store in Ely, Minnesota. This time DBS Group will be converting a former 33,000-square-foot Shopko retail store into a Zup’s Food Market and Zup’s Warehouse Liquor.  Upon completion of the project, Zup’s will relocate their Ely operations from the existing store down the street into…

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This vs. that: fire sprinklers and commercial properties

Here’s what you should know about fire sprinklers and your commercial property Whether you’re considering retrofitting an existing commercial property with a fire sprinkler system or evaluating a new ground-up project, a commercial property’s sprinkler status can have wide-ranging impacts — from life safety requirements to insurance considerations to protection in the event of a…

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Investor optimism emerges in senior housing survey

Here are the takeaways giving industry insiders hope Senior housing industry experts view the industry outlook with a measure of positivity these days, waiting with expectant optimism for a potential increase in occupancy in the coming year. That’s according to an investor survey recently released by CBRE. The sector, according to senior housing investors, is…

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Senior housing co-ops or market rate rentals: comparing investments

Comparing building senior housing co-ops and age-restricted market-rate rentals As a real estate investor or developer, the real estate sector you select to explore for investment opportunities can be a significant factor in your investments’ success. In the past year alone, as the pandemic disrupted the real estate market, we saw certain industry sectors challenged…

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David Reay’s partners with DBS Group to expand patio

David Reay’s Modern Diner + Tavern has retained DBS Group as design-builder for a patio expansion. The planned patio expansion at the SW corner of the building will help accommodate additional demand for outdoor seating and will also be available by reservation for private events. Construction is scheduled to start mid-May, with completion by the…

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The multifamily housing market is poised for growth

Here’s what’s emerging in 2021 The multifamily market is expected to experience a faster rebound in 2021, particularly for assets in the Midwest and Southeastern United States. In fact, analysts anticipate a surge in demand for multifamily housing, particularly as the U.S. economy begins to recover in the wake of the COVID-19 pandemic. Why multifamily…

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Housing supply gap looming for middle-market seniors

Affordable senior housing demand forecast presents an investor opportunity Meeting housing demand for middle-market seniors is emerging as one of the significant challenges of our time. With boomers setting their sights on retirement and the substantial middle-market indicating future demand for affordable housing, supply gaps in many markets have become apparent. This signals an opportunity…

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DBS Group appoints new project coordinator

DBS Group has hired a new project coordinator to join its Rochester, Minnesota, operations. Nicole Finne joined the design-build construction firm last month. Finne brings 28 years of industry experience to DBS Group. In her most recent position, she served as senior project coordinator for a commercial construction company. There she oversaw contract administration while…

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