Construction Management

4L has developed relationships with trusted vendors to enable us to negotiate the best price, meet deadlines, minimize potential interruptions, successfully complete capital projects, and improve asset competitiveness and value

Construction Management services provided:

Assessment

Initial needs assessment of each property with construction options, budgets and timelines
Develop, assist with design/drawings, and finalize capital expenditure budgets and timelines
Select and manage engineering, architectural and design firms
Understand, manage and monitor local/state/federal compliance, regulatory and environmental/ESG issues

Implementation

Arrange independent asset inspections
Oversight of third-party due diligence
Oversee issuance of plans and specifications to all sub-trades with three bid minimum. Review all bids
Management of day-to-day capital improvement and value creation activities
Regular meetings and communication with on-site and regional teams

Results

Enforce schedule and budget; drive “Return on Cost” results
Monthly and as needed reviews with ownership
Prepare and complete detailed review of all draw requests
Obtain all final inspection certificates and approvals required by local/state/federal government agencies
Deliver all warranty and closing related documents to site

4L Living is committed to improving and building safer communities.

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