#Center for Real Estate

[jcmarchi]

Enabling a circular economy in the built environment

New Post has been published on https://thedigitalinsider.com/enabling-a-circular-economy-in-the-built-environment/

Enabling a circular economy in the built environment

The amount of waste generated by the construction sector underscores an urgent need for embracing circularity — a sustainable model that aims to minimize waste and maximize material efficiency through recovery and reuse — in the built environment: 600 million tons of construction and demolition waste was produced in the United States alone in 2018, with 820 million tons reported in the European Union, and an excess of 2 billion tons annually in China.

This significant resource loss embedded in our current industrial ecosystem marks a linear economy that operates on a “take-make-dispose” model of construction; in contrast, the “make-use-reuse” approach of a circular economy offers an important opportunity to reduce environmental impacts.

A team of MIT researchers has begun to assess what may be needed to spur widespread circular transition within the built environment in a new open-access study that aims to understand stakeholders’ current perceptions of circularity and quantify their willingness to pay.

“This paper acts as an initial endeavor into understanding what the industry may be motivated by, and how integration of stakeholder motivations could lead to greater adoption,” says lead author Juliana Berglund-Brown, PhD student in the Department of Architecture at MIT.

Considering stakeholders’ perceptions

Three different stakeholder groups from North America, Europe, and Asia — material suppliers, design and construction teams, and real estate developers — were surveyed by the research team that also comprises Akrisht Pandey ’23; Fabio Duarte, associate director of the MIT Senseable City Lab; Raquel Ganitsky, fellow in the Sustainable Real Estate Development Action Program; Randolph Kirchain, co-director of MIT Concrete Sustainability Hub; and Siqi Zheng, the STL Champion Professor of Urban and Real Estate Sustainability at Department of Urban Studies and Planning.

Despite growing awareness of reuse practice among construction industry stakeholders, circular practices have yet to be implemented at scale — attributable to many factors that influence the intersection of construction needs with government regulations and the economic interests of real estate developers.

The study notes that perceived barriers to circular adoption differ based on industry role, with lack of both client interest and standardized structural assessment methods identified as the primary concern of design and construction teams, while the largest deterrents for material suppliers are logistics complexity, and supply uncertainty. Real estate developers, on the other hand, are chiefly concerned with higher costs and structural assessment. 

Yet encouragingly, respondents expressed willingness to absorb higher costs, with developers indicating readiness to pay an average of 9.6 percent higher construction costs for a minimum 52.9 percent reduction in embodied carbon — and all stakeholders highly favor the potential of incentives like tax exemptions to aid with cost premiums.

Next steps to encourage circularity

The findings highlight the need for further conversation between design teams and developers, as well as for additional exploration into potential solutions to practical challenges. “The thing about circularity is that there is opportunity for a lot of value creation, and subsequently profit,” says Berglund-Brown. “If people are motivated by cost, let’s provide a cost incentive, or establish strategies that have one.”

When it comes to motivating reasons to adopt circularity practices, the study also found trends emerging by industry role. Future net-zero goals influence developers as well as design and construction teams, with government regulation the third-most frequently named reason across all respondent types.

“The construction industry needs a market driver to embrace circularity,” says Berglund-Brown, “Be it carrots or sticks, stakeholders require incentives for adoption.”

The effect of policy to motivate change cannot be understated, with major strides being made in low operational carbon building design after policy restricting emissions was introduced, such as Local Law 97 in New York City and the Building Emissions Reduction and Disclosure Ordinance in Boston. These pieces of policy, and their results, can serve as models for embodied carbon reduction policy elsewhere.

Berglund-Brown suggests that municipalities might initiate ordinances requiring buildings to be deconstructed, which would allow components to be reused, curbing demolition methods that result in waste rather than salvage. Top-down ordinances could be one way to trigger a supply chain shift toward reprocessing building materials that are typically deemed “end-of-life.”

The study also identifies other challenges to the implementation of circularity at scale, including risk associated with how to reuse materials in new buildings, and disrupting status quo design practices.

“Understanding the best way to motivate transition despite uncertainty is where our work comes in,” says Berglund-Brown. “Beyond that, researchers can continue to do a lot to alleviate risk — like developing standards for reuse.”

Innovations that challenge the status quo

Disrupting the status quo is not unusual for MIT researchers; other visionary work in construction circularity pioneered at MIT includes “a smart kit of parts” called Pixelframe. This system for modular concrete reuse allows building elements to be disassembled and rebuilt several times, aiding deconstruction and reuse while maintaining material efficiency and versatility.

Developed by MIT Climate and Sustainability Consortium Associate Director Caitlin Mueller’s research team, Pixelframe is designed to accommodate a wide range of applications from housing to warehouses, with each piece of interlocking precast concrete modules, called Pixels, assigned a material passport to enable tracking through its many life cycles.

Mueller’s work demonstrates that circularity can work technically and logistically at the scale of the built environment — by designing specifically for disassembly, configuration, versatility, and upfront carbon and cost efficiency.

“This can be built today. This is building code-compliant today,” said Mueller of Pixelframe in a keynote speech at the recent MCSC Annual Symposium, which saw industry representatives and members of the MIT community coming together to discuss scalable solutions to climate and sustainability problems. “We currently have the potential for high-impact carbon reduction as a compelling alternative to the business-as-usual construction methods we are used to.”

Pixelframe was recently awarded a grant by the Massachusetts Clean Energy Center (MassCEC) to pursue commercialization, an important next step toward integrating innovations like this into a circular economy in practice. “It’s MassCEC’s job to make sure that these climate leaders have the resources they need to turn their technologies into successful businesses that make a difference around the world,” said MassCEC CEO Emily Reichart, in a press release.

Additional support for circular innovation has emerged thanks to a historic piece of climate legislation from the Biden administration. The Environmental Protection Agency recently awarded a federal grant on the topic of advancing steel reuse to Berglund-Brown — whose PhD thesis focuses on scaling the reuse of structural heavy-section steel — and John Ochsendorf, the Class of 1942 Professor of Civil and Environmental Engineering and Architecture at MIT.

“There is a lot of exciting upcoming work on this topic,” says Berglund-Brown. “To any practitioners reading this who are interested in getting involved — please reach out.”

The study is supported in part by the MIT Climate and Sustainability Consortium.

[spock-smokes-weed]

Thinking about Luke rebuilding the Jedi order like. He finds this old, I’m talking high republic old, temple on a force strong planet in the outer rim, and he’s like “it’s perfect :D”. But since it’s so old the place needs a lot of TLC, think like super over grown with plant life and half falling apart. And it’s super strong in the force so the place is like unsettling.

Luke and Leia are like already rolling up their sleeves to get the place functional, while Han is being the biggest diva about it. He’s like “this place is fucking creepy and I don’t want to get my new vest dirty”

Han had fully resigned himself to the lap of luxury now that he’s the wife to a princess, so imagine how annoyed he was when he was dragged into Luke’s “DIY Jedi fixer upper” project

[gregdotorg]

Wolfgang Tillmans flyin' over my grandma's house with his little camera

[real-estates-posts]

Exploring the Best Commercial Properties in Delhi NCR

In this article, we will explore the features and advantages of the Best Commercial Properties in Delhi NCR-  Gaur City Center, Gaur World Smart Street, Bolt by Bhutani, and Migsun.

Continue reading: Exploring the Best Commercial Properties in Delhi NCR

[akkivee]

fp and mtc didn’t have too much intersect between their pre drb drama tracks so i’m curious how the stage is about to bring them together riodice drama pls i want to die by their hands 🤔

[mayra-quijotescx]

[Image description: a flyer-style post titled STOP DOING OFFICES with the following bullet points: "WORK WAS NOT SUPPOSED TO TAKE 90 MINUTES BY CAR TO GET TO," "YEARS OF URBANIZATION yet NO REAL-WORLD USE FOUND for going to a different building to use the SAME INTERNET," "Wanted to do that anyway for a laugh? We had a tool for that, it was called COFFEE SHOPS," "'Can you wrap up your call, we have this room booked' 'how do we get office parking reimbursed' - Statements dreamt up by the utterly Deranged." The flyer continues: "LOOK at what corporations have been demanding your Respect for all this time with all the labor we have given them. (These are REAL FURNISHINGS found in REAL OFFICES.)" There are pictures of, in order, fluorescent light fixtures, workers in an 'open concept' office, and uneven office flooring. Each picture has an increasing amount of red question marks under it. "'Hello I would like to hear [image of headset] half of your Zoom call' They have played us for absolute fools." End description.]

Anyway, with apologies to Doc Wolverine on Twitter for more or less stealing his explanation, the reason is that corporations are trying to maintain office value because the properties were mortgaged for additional liquidity, and if the property value falls (because, for example, no one fucking needs it for the stated purpose anymore), bank liability, and thus mortgage payments, go up.

They want employees to pay for their batshit foolish financial decisions with their time and health.

by @spavel.bsky.social

[danielkaufmanrealestate]

Trump Tariffs Could Disrupt Construction: What Builders, Developers, and Investors Need to Know

As the real estate and construction industries gear up for 2025, a potential policy shift could send ripples through the market: President-elect Donald Trump’s proposed tariffs. These sweeping measures, aimed at goods from countries like China, could drive up costs for key construction materials, disrupt project timelines, and strain budgets. For commercial builders, developers, and investors,…

[workfoodentertainmentcity]

Finding The Ideal Coaching Center Space in Dehradun

Location, amenities, accessibility, and atmosphere are all important considerations when looking for the ideal coaching center space in Dehradun. Because Dehradun is a popular educational hub, it is a popular city for coaching centers. Finding the right space can be important to your success. The following steps can assist you in selecting the ideal location for your coaching center:

Identify Your Requirements and Budget First, determine your requirements based on class size, subject matter, and any additional features you require. Take into consideration the number of classrooms available, office space availability, and whether or not you require additional spaces like waiting rooms or libraries. A budget must also be established; To get a clear idea of what you can afford, it’s wise to factor in additional costs like utilities, upkeep, and furniture.

Choosing the right location is crucial to the success of a coaching center space in dehradun. You should look for places near schools, colleges, or residential areas that your target students can get to. WFECity in Dehradun provides students and their parents with a convenient location that is easily reached by a variety of means of transportation. Your center’s visibility and appeal can be enhanced by selecting a well-located location.

Check for the Facilities and Amenities You Need An Ideal Coaching Space The right amenities will help you create a comfortable learning environment. Find areas with adequate lighting, restrooms, ventilation, and, if at all possible, areas where students can unwind between classes. Wi-Fi, projectors, and whiteboards are all things that can make learning more enjoyable.

ou can test the area without making a long-term commitment with short-term lease options, while longer leases are ideal if you intend to establish your center for many years. WFECity provides adaptable leasing options that can be tailored to meet a variety of requirements, which can assist you in making sound financial decisions.

Evaluate the Space Security and Safety When operating a coaching center, safety is essential. Select a safe location with adequate security features like safe entry points, emergency exits, and surveillance cameras. This provides parents with peace of mind in addition to ensuring the safety of their children.

Plan for expansion: Select a location that can expand with your student body. Consider extra space choices in a similar structure or complex to make it more straightforward to scale tasks as your middle increases prominence.

You will be well on your way to finding a top-notch coaching center space in Dehradun that meets your requirements and supports your center’s success if you concentrate on these aspects

Contact us,

Address : Work Food & Entertainment City,(WFECITY) Rajpur road, clock tower, Dehradun, Uttarakhand 248009

Mail us — fecdehradun@gmail.com

Phone us : +91 8860606512

#AcademyCenterSpaceForRentInDehradun #AffordableSpaceDehradun #CoachingCenterSpaceInDehradun #InstituteSpaceInDehradun #SpaceForRentInDehradun #OfficeSpaceForRent #DehradunRentalSpaces #EducationHubDehradun #AffordableSpaceDehradun

[dkaufmandevelopment]

Hurricane Milton Rips Through FL, Damage Assessment Underway

Hurricane Milton, a formidable Category 3 storm, has torn through central Florida, leaving widespread destruction in its wake. Making landfall near Siesta Key with winds reaching up to 100 mph, torrential rain, and multiple tornadoes, the hurricane has impacted countless lives and properties.

Immediate Impact

The storm, which made landfall about 70 miles south of Tampa, has potentially affected over 250,000 commercial properties in Florida, valued at approximately $1.1 trillion. While not all these properties faced severe damage, early estimates suggest losses could be in the billions, particularly in highly populated areas.

By the Numbers

According to Moody’s, over 250,000 buildings in Florida had a 50% chance of experiencing winds over 50 mph. These properties could suffer significant damage, though the extent varies. Preliminary reports indicate several casualties and extensive property damage, including the roof of Tropicana Field, home to the Tampa Bay Rays, which was torn apart by high winds.

Financial analysts warn that the damage could be immense. Early projections suggest that a "once-in-a-century" storm hitting Tampa could result in $175 billion in damages, while landfall in the Fort Myers area could cause $70 billion in losses. Jefferies equity analyst Yaron Kinar noted that depending on the storm's path and strength, Milton’s damage could rival previous hurricanes like Hurricane Ian in 2022, which caused $50 billion in losses.

Ongoing Assessment

While the storm has crossed Florida, the true toll of Hurricane Milton won’t be known for several days. Emergency crews and local authorities are beginning to assess the damage, but it could take days or weeks before the full financial and human costs become clear.

A Stark Reminder

As residents and businesses brace for recovery efforts, the hurricane’s aftermath serves as a stark reminder of the increasing severity of storms and the growing risks to both coastal and inland regions from extreme weather events.

Join the Conversation: How do you think Hurricane Milton will impact the future of disaster preparedness and real estate in Florida? Share your thoughts and engage with the community! 💬

What are your thoughts on the potential impacts of Hurricane Milton? Let's discuss below! 💬🌪️

[povilvait]

Verslo centro FREEDOM 36 baneriai

[jcmarchi]

Toward socially and environmentally responsible real estate

New Post has been published on https://thedigitalinsider.com/toward-socially-and-environmentally-responsible-real-estate/

Toward socially and environmentally responsible real estate

The MIT student of popular imagination is a Tony Stark or a Riri Williams working in a lab and building the technology of the future. Not necessarily someone studying real estate.

Peggy Ghasemlou is doing just that, however, and she’s traveled over thousands of miles and jumped through about as many hoops to do it.

A licensed architect in her hometown of Tehran, Iran’s capital, Ghasemlou enrolled at MIT to pursue her interests in sustainability and inclusion in the fields of architecture and real estate development. Now, after managing visa and travel issues that required her own superhero-like determination, she’s halfway through earning a master of science in real estate development (MSRED) from the School of Architecture and Planning’s Center for Real Estate (CRE). This fall, she will be working with lecturer Jacques Gordon, CRE’s former “executive-in-practice,” on a thesis involving portfolio management.

Throughout her time at MIT, Ghasemlou has enjoyed her program’s balance of economics, technology, sustainability, and design. She says the curriculum has supported and challenged her in equal measure, but above all, she appreciates the program’s emphasis on financial, social, and environmental responsibility.

“I’m so grateful that I chose MSRED, because they are not just thinking about how to make more money,” she says. “They are teaching us about how to make a lasting positive impact.”

It hasn’t been an easy journey. Visa issues, scholarship rejections, and thousands of miles stood between her and MIT, and the challenges didn’t end when she did get to campus, halfway around the world from her home and family. She beat all those odds, however, and is ready for whatever the future brings.

“When I first arrived here, I had three main feelings: relief, hope, and doubt,” she said. “Now, I am just feeling grateful for my time here and the friendships I have made.”

From design to ownership

While growing up, Ghasemlou loved design “from the start.” That affinity led her to pursue a bachelor’s in architectural engineering, followed by a master’s in digital engineering with a focus on sustainability.

She first made serious contact with MIT while pursuing her master’s, taking the Institute’s online courses to help her with her thesis on zero-energy buildings. She chose both the thesis and the classes out of a desire to “do something positive and impactful” and learned how to use tools to optimize a building’s energy efficiency, among other important measures.

After she earned her master’s, she spent the next five years designing and developing residential buildings for a studio in Tehran. The experience sparked her interest in the financial side of architecture and real estate, and along with it, the intersection of sustainability, economics, and design — areas encompassed by MSRED’s curriculum.

She decided to apply, and was also awarded the Goldie B. Wolfe Miller Women Leaders in Real Estate scholarship.

“The Goldie Initiative is the most supportive community,” she says. “They’re the best thing that’s happen[ed] to me in the U.S. They really care about you, and they really want, in their heart, to help you.”

With women underrepresented in the real estate fields, particularly at leadership levels, awards like this emphasize both the progress that has been made as well as the work that is yet to be done. In Tehran, Ghasemlou founded Girls in Real Estate Development (GIRD), to introduce the fields of architecture and real estate to young women and help create career pathways for these traditionally male-dominated professions.

“I really love to see women being in decision-making positions and to be able to influence different industries in meaningful ways,” she said. “Whatever I learn, I try to [pass along to the next generation]. It might have a small impact on them, but I tell them, ‘If I can do it, you can do it.’”

Once she made it to MIT for her first semester, she took finance and economics courses, which were new subjects for her. Adjusting to a new environment was also jarring, but she credited her classmates and professors for being “incredibly supportive” and helping her “not feel so isolated.”

Her second semester featured sustainability courses — a friendlier prospect, given her background in design — and helped point her in the direction of sustainable portfolio management for her thesis topic.

However, enrolling at MIT was one thing. Actually getting to campus was another.

The long and winding road

Rewind back to last summer. Once the excitement of being accepted to the MSRED program wore off, reality set in. Like other international students, Ghasemlou had to apply for a visa. She did so through the U.S. embassy in Turkey’s capital, Ankara, and began the waiting game. Days turned into weeks, however, so she decided to try her luck with a different embassy and packed her bags for Toronto.

With the start of classes only weeks away, she made the decision to wait it out in the Canadian metropolis. She ended up having to take online classes during the beginning of the semester, but right on the day she “lost all hope,” her visa was finally issued.

In Ankara, that is.

She had already flown over 6,000 miles just to get from Tehran to Toronto, and she was now staring down the barrel of a 10,000-mile-plus trip to go back to Turkey for her visa and then get to MIT’s campus, all while the semester was kicking into gear. That may have been too daunting a prospect for some, but not for her.

“I calculated the hours I was in the airport and airplane: over 30 hours,” she said. “I arrived in Boston, I remember, at 11:30 p.m., then I just thought, ‘Tomorrow, I should go to my classes.’”

Luckily, her family supported her throughout the process.

“I’m so thankful for my parents and my brother — especially my brother — because he believes in me all the time,” she said. “That really helped me go through all the hard times I had to go through to be here.”

Now that she is here, she’s got a lot of big ideas for the future of housing, sustainability, and real estate. She’ll be spending the summer with a Boston-based nonprofit called Preservation of Affordable Housing, assessing units for sustainability goals and updating sustainability criteria.

Going forward, she expressed an interest in staying in Boston long-term, noting its potential to join other cities in becoming “one of the leaders in sustainability.” She’s a believer in policy for effective change-making, and cites New York City’s Local Law 97 (LL97), which requires that large buildings meet certain limits regarding energy efficiency and greenhouse gas emissions, as an example of a law that is “not just a policy” but also makes people think about the city around them.

Ghasemlou also aims to continue to support other women in the real estate fields, and expresses admiration for female industry leaders such as Fidelity’s Suzanne Heidelberger.

“When I see successful women in this industry, I feel inspired and proud of them,” she said. “I really want to see more and more female leaders in the industry.”

[jexistheblogger]

COMMERCIAL PROPERTY FINANCING – ALL TYPES - $400K to $50MILLION! (Refinance Cashout & Purchase)

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NAME:    Investor Rehab Funding, LLC

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Category:  Real Estate Financing / Commercial Mortgages / Financial / 

URL:     https://www.investorrehabfunding.com/commercial-multifamilyEmail: michael@investorrehabfunding.com

[real-estates-posts]

Easiest Way to Invest in Commercial Property with Minimum Amount

In this article, we will explore the easiest way to invest in commercial property with a minimum amount of money. While it may seem challenging at first, there are several viable strategies and investment options that can make this goal achievable.

Continue reading: Easiest Way to Invest in Commercial Property with Minimum Amount

[netincomesource]

Ultimate Guide to Shopping Center Financing: Secure Construction Loans and Maximize Profit

Introduction to Shopping Center Financing Securing financing for shopping center construction is a complex process that requires a strategic approach, detailed planning, and a comprehensive understanding of both the real estate market and the financial instruments available. Shopping centers, being large-scale commercial projects, require significant investment, which is typically sourced…

[aclmartsjaipur]

Best 9 Chartered Accountants in Delhi: Your Financial Navigators

Unlocking Financial Success with Delhi's Top Chartered Accountants

Delhi, India's bustling capital, is a hub of economic activity, making the role of chartered accountants indispensable.With countless options available, finding the right financial expert can be overwhelming. To simplify your search, we've meticulously curated a list of the top 9 chartered accountants in Delhi, renowned for their expertise, reliability, and commitment to client satisfaction. 

Why Choose a Chartered Accountant in Delhi?

Delhi's complex tax landscape, coupled with the city's fast-paced business environment, necessitates the guidance of a seasoned chartered accountant. These professionals possess in-depth knowledge of financial regulations, taxation laws, and accounting standards, enabling them to provide tailored solutions to individuals and businesses alike.

Key Factors to Consider When Choosing a Chartered Accountant

Expertise: Look for chartered accountants with specialized knowledge in your industry or specific financial needs.

Experience: A proven track record of handling complex financial matters is essential.  

Reputation: Consider the firm's reputation, client testimonials, and industry recognition.

Communication: Effective communication is crucial for a successful professional relationship.

Fees: Compare fees and services offered by different chartered accountants to find the best value.

Top 9 Chartered Accountants in Delhi

[Insert a list of 9 chartered accountants or CA firms in Delhi, including their names, areas of expertise, and contact information. You can include brief descriptions of their services and achievements to enhance the article's value.]

Conclusion

Selecting the right chartered accountant is a pivotal decision that can significantly impact your financial well-being. By carefully evaluating the factors mentioned above and considering the expertise of the top 9 chartered accountants in Delhi, you can confidently entrust your financial matters to capable hands. Remember, a trusted financial advisor is not just a professional; they are a partner in your journey towards financial success

To know more about the "Best 9 Chartered Accountants in Delhi", "Best Chartered Accountants in Delhi", "Best 9 Real Estate Agents In Delhi", "Best Real Estate Agents In Delhi", "Best 9 Coaching Center in Delhi". We recommend you to visit the ACL Marts. To see the Industries best rated and top businesses in the Delhi, Faridabad.

[danielkaufmanrealestate]

Trump’s AI Energy Strategy: A Boost for Data Centers or a Climate Setback?

The incoming Trump administration has set its sights on accelerating the growth of AI data centers, a critical driver of U.S. technological and economic competitiveness. With plans to address the power shortages hampering the industry, Trump’s energy policies could bring a mix of opportunity and controversy. The AI Blueprint: Energy Meets Expansion As AI technologies boom, the energy demands of…