PMA is hiring a Senior Project Manager in our Austin, Texas office, specializing in residential development. This person will work with PMA clients across Texas and the surrounding region, leading strategic real estate planning, design, and construction for ground-up developments, tenant improvement buildouts, and facilities projects. If you have 8+ years of development and project management experience, including at least five years focused on residential and land development projects of various sizes and types, we'd love to hear from you! Please apply directly here: https://lnkd.in/gAG4_aG4 #joinPMA #hiring #projectmanagement
Project Management Advisors, Inc.
Real Estate
Chicago, Illinois 17,827 followers
Project Management | Development Management | Program Management | Investor Representation
About us
Project Management Advisors (PMA) provides real estate consulting services as the Owner's Representative to help clients solve challenges, minimize risk and maximize outcomes. Our comprehensive services include Project Management, Development Management, Program Management and Investor Representation. PMA Office Locations: Austin Chicago Los Angeles New York Orlando San Diego San Francisco
- Website
-
http://www.pmainc.com
External link for Project Management Advisors, Inc.
- Industry
- Real Estate
- Company size
- 51-200 employees
- Headquarters
- Chicago, Illinois
- Type
- Privately Held
- Founded
- 1993
- Specialties
- Development Management, Project Management, Investor Representation, Owner Representation, and Program Management
Locations
Employees at Project Management Advisors, Inc.
Updates
-
Multifamily real estate continues to present long-term growth opportunities, even in a high-interest-rate environment. Omar Rihani, Executive Vice President & National Residential Sector Lead at Project Management Advisors, Inc., in a recent article for the Wealth Management Mid-Year Outlook, Rihani writes that prolonged elevated interest rates require investors to adjust their expectations, particularly regarding short-term returns. "While higher-for-longer interest rates may introduce short-term uncertainty in commercial real estate, wealth managers can still guide clients toward diversifying their portfolios with multifamily investments that promise long-term growth." Read the full article below: #multifamily #realestate #projectmanagement #pma
-
After a decade of consistent positive net absorption, the lab/R&D market is projected to break the streak in 2024, according to Avison Young’s U.S. H1 2024 Life Sciences Report. In a recent interview with Commercial Property Executive, Ken Richter, Executive Vice President & National Lead for Life Sciences at Project Management Advisors Inc., said that while the current market isn't reaching the “rocket ship” levels of 2020 and 2021, a welcome increase in venture capital funding is bringing the sector close to pre-pandemic levels. “We’re seeing a slight uptick in tenant interest, and we expect that to grow after the election,” Richter said. “We’re at a pivotal moment in life sciences, with more purpose-built spaces available now than ever before, and even more coming online next year. This is an opportunity for prospective tenants to secure outstanding properties at rates that won’t last once the market rebounds.” Read more: #lifesciences #researchanddevelopment #projectmanagement #realestate #pma
Demand for Lab Space Hits 10-Year Low
https://www.commercialsearch.com/news
-
A recent survey by Lincoln Property Co. reveals that less than 20% of workers prefer fully remote positions, debunking the assumption that most U.S. workers want to stay home full time. Sonnet Hui, Vice President and Los Angeles General Manager at Project Management Advisors Inc., recently told Commercial Property Executive that food options in the office are among the top attractions for employees. “We buy lunch for the office on Fridays, and that’s the day we usually get a full house,” she shares. “Our office also offers a variety of healthy drinks and snack options.” Read on to discover more about how different generations value amenities in modern workplace design: #remotework #commercialrealestate #projectmanagement #pma
Here’s a Surprising Shift in Remote Work’s Appeal
https://www.commercialsearch.com/news
-
What kind of influence could the utilization of smart technology have on the healthcare sector? According to a new article in BUILDINGS by Douglas King King, Vice President Emeritus of Healthcare at PMA and Cohesion CEO Thru Shivakumar, smart building technologies can transform how hospitals and other medical buildings operate, improving services for both patients and staff. In a landscape where patients have choices on where to seek treatment, smart hospitals could have an edge over their less tech-forward competitors. Read the full article below: #healthcare #smartbuilding #technology #projectmanagement #pma
The Hospital of the Future: How Healthcare is Adapting Smart Building Tech from the Office and Multifamily Sectors
buildings.com
-
Retail and multifamily have long reinforced one another, but their evolving relationship now calls for even closer cross-sector collaboration. In a recent ICSC article, Omar Rihani, National Residential Sector Lead and Executive Vice President at Project Management Advisors, Inc., highlights how local retailers can help multifamily developers leverage new synergies between the two property types. "Retailers and multifamily developers are always open to discussing these kinds of natural, complementary uses," Rihani notes. Read the full article below: #retail #multifamily #projectmanagement #realestate #pma
How Retail and Multifamily Work Together
icsc.com
-
Schools once aimed to integrate seamlessly with their communities, and historically many campuses were designed to be open and accessible. However, this is changing as institutions increasingly implement barriers to the public such as fences, gates, and enhanced security measures like cameras, campus police, and card access systems. While these changes are designed to protect, there are growing concerns that they may also impact student wellbeing. In a recent article from Los Angeles Business Journal, Sonnet Hui, General Manager and Vice President at Project Management Advisors, Inc., discusses the evolving approach to campus security and its role in school design. Click here to read the full article: #losangeles #education #projectmanagement #pma #
Class Project: C.W. Driver Aims to Build Better Schools
https://labusinessjournal.com
-
Recent national health trends data shows that late-life independence is on the rise, with fewer adults older than 72 reporting unmet self-care and mobility needs and a 10% jump in people with “high physical capacity” in that age group between 2011 and 2019. According to a new article from PMA's Executive Vice President and National Residential Sector Lead Omar Rihani and Vice President and National Healthcare Sector Lead Eric Hoffman, as this new generation of more independent seniors reach retirement age, the healthcare and multifamily sectors are beginning to shift the ways they design, build and renovate senior housing to accommodate a healthier and more active tenant base. Read more in MFE Magazine below: #healthcare #multifamily #projectmanagement #pma #seniorhousing
How Older Adults Living Longer Is Changing Senior Housing Development
multifamilyexecutive.com
-
Humana recently announced plans to open 23 senior-focused primary care locations in Walmart Supercenter stores in Georgia, Gloria, Missouri, and Texas by 2025. In a recent Barron's article, PMA’s Gerard Peduto explained that this move is a part of a larger trend of healthcare companies looking to repurpose vacant retail spaces. Healthcare companies need places with ample parking and accessibility, as well as ample space for consulting rooms, laboratories, and medical equipment, Gerard told Barron’s. Walmart’s Health Centers—which are already equipped for patient care—pose an attractive option for a company like Humana, which is looking to rapidly scale across new markets. Read the full article below: #healthcare #walmart #healthcenters #projectmanagement #realestate #pma
Humana Clinics Are Moving Into Walmart’s Health Centers. Why Both Companies Win.
barrons.com
-
The hotel development market is grappling with escalating construction costs, driven by high interest rates, financing challenges, long material lead times, and labor shortages. In a recent HOTEL MANAGEMENT Magazine article, PMA Vice President and Hospitality Sector Lead Mark Knott LEED AP discussed the major pressure on development: "The cost of debt to develop any project type has increased. Post-pandemic, it has leveled off but hasn’t decreased. Coupled with inflated construction and debt costs, previously safe development deals are now marginal, resulting in smaller returns for investors and making projects harder to advance." Read more in the article below: #hotel #hospitality #projectmanagement #realestate
How to combat challenging construction costs
hotelmanagement.net