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February 19, 2020

New in Construction Risk Management

By Partner ESI
 
Modular Construction: Big Risks, Bigger Rewards
When thinking of traditional modular construction, most imagine cheap, one- or two-story buildings, or a cookie-cutter house being delivered on a rolling truck. But modular construction has come a long way, transforming the construction possibilities for mid- to high-rise buildings. When planned correctly, the benefits can be substantial — but with these technological gains and advantages come greater risks. In this GlobeSt article, Partner’s Silvia Witzke offers insights into the opportunities and risk management challenges of this emerging practice.
The Journal 2020: Construction Risk Management
The 2020 issue of the Construction Risk Management Journal is now available here, thanks to the great insights from the CLRM community (Construction Lender Risk Management). The articles featured cover a variety of topics, including key market and construction trends for the coming year, bond alternatives that are gaining industry traction, sound advice from lenders on problem projects and the value of a good inspecting consultant, how technology can drive efficiencies and reduce costs, a construction contracts tutorial for the savvy financier, and risk management tools for the entire life cycle of a construction project.
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About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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