Construction Built Smarter not Harder

.

Modular Building Systems

 Not Grandmas mobile home anymore, ask about our ... 



  "Construction improved through technology"​   


MBSN's modular option is a versatile method of construction has many benefits.   We are able to draw on in-house resources, and those of and trade and consultant partners, to integrate a offsite solution seamlessly into a project.  Engineering, module assembly, and site work can proceed concurrently when modular construction techniques are employed, significantly reducing overall job completion.   Improved site access, reduced congestion and trade stacking, and less need for scaffolding all enhance productivity and enhances job safety.  Modularization allows workers to perform constant scopes in tandem with site built scopes.  


The modular approach is also inherently more “green,” as it generates less waste and reduces vehicle traffic to and from the main jobsite.  Because so much construction is performed offsite, modularization greatly reduces workforce requirements.  


MBSN is able to work with developers to determine the most appropriate construction solution. Offering a century-long track.  


Ask about our Joint venture capital solutions. 

 


  1. Get a higher degree of quality assurance and quality control
     
  2. Accelerated timelines to completion
     
  3. Better control of costs
     
  4. Waste reduction
     Reduced team traffic on job site
     
  5.  Drastically reduced weather delays
     
  6.  Factory conditions that allow more frequent and complete component inspections.
     
  7.  Improved ability to address the challenges of structures within a factory controlled environment.  


Skilled labor shortages will drive owners to mandate collaboration in order to get their projects financed and built so that they can get them leased and sold. The low bid approach will still thrive, but many of the institutional owners will drive for faster more collaborative “design-build and IPD” approaches.   



Skilled labor shortage will drive the modular and off-site construction trends, especially in the healthcare construction wave that is sweeping across the country as a result of the ACA and the Boomers reaching retirement age.   


The lack of skilled labor and an ever increasing load of “big data” will create the need for more Internet of Things for the field workforce and will create the need to communicate real time data from the office to the field. I-Pads and tablets are becoming common, but a broader use of robotics and IOT for the systems and parts will make for some exciting times in the industry.   


The lack of skilled labor will drive building costs up and in order to maintain some type of profit margin, builders will have to turn to other ways to accelerate the construction process. We still see too much waste on the site and we have to find ways to recycle those wastes and minimize them as well.   


Skilled Labor shortages will force construction companies to use AR/VR for training and for on the site construction. 


While NASA and other government agencies have used VR for years, the new technologies that are being developed will accelerate their usage. This is one of the ways to recruit Millennials into the industry, and there is no question that they will embrace that technology more rapidly than the Boomers.   While we, as an industry, are slow to adapt new technologies and new ways of building, LEED has become commonplace in most of the materials and the structures that we build today. During the time of transition, safety will become a central focus for enforcement. Today, on many construction sites, owners and GCs have no idea who is working on their projects and whether they are OSHA certified and trained. That will change at an accelerating pace, especially as we see an expanded use of I-9 identification and high tech wearables.   


· Collaborative project delivery methods will become more popular. 


· The labor shortage will continue to plague the industry. · The feeling of uncertainty will linger under the new administration. 


· Offsite/modular construction will gain a stronger foothold in the market. 


· Construction firms are cautiously optimistic for a future infrastructure-spending boost.


· Construction costs will rise due to materials and labor. 


· Construction firms will face increased scrutiny and prosecution of safety and fraud incidents. 


The commercial modular building Permanent Modular Construction is an off-site construction process performed in a controlled setting yielding three dimensional modules transported and assembled at the building site.  


Skilled Labor shortages will force construction companies to use AR/VR for training and for on the site construction. While NASA and other government agencies have used VR for years, the new technologies that are being developed will accelerate their usage. This is one of the ways to recruit Millennials into the industry, and there is no question that they will embrace that technology more rapidly than the Boomers.   While we, as an industry, are slow to adapt new technologies and new ways of building, LEED has become commonplace in most of the materials and the structures that we build today. During the time of transition, safety will become a central focus for enforcement. 


Today, on many construction sites, owners and GCs have no idea who is working on their projects and whether they are OSHA certified and trained. That will change at an accelerating pace, especially as we see an expanded use of I-9 identification and high tech wearables.  


 · Collaborative project delivery methods will become more popular. 


· The labor shortage will continue to plague the industry. 


· The feeling of uncertainty will linger under the new administration. 


· Offsite/modular construction will gain a stronger foothold in the market.


 · Construction firms are cautiously optimistic for a future infrastructure-spending boost. 


· Construction costs will rise due to materials and labor. 


· Construction firms will face increased scrutiny and prosecution of safety and fraud incidents. 


The commercial modular building Permanent Modular Construction is an off-site construction process performed in a controlled setting yielding three dimensional modules transported and assembled at the building site.   


 Skilled labor shortages will drive owners to mandate collaboration in order to get their projects financed and built so that they can get them leased and sold. The low bid approach will still thrive, but many of the institutional owners will drive for faster more collaborative “design-build and IPD” approaches.   


Skilled labor shortage will drive the modular and off-site construction trends, especially in the healthcare construction wave that is sweeping across the country as a result of the ACA and the Boomers reaching retirement age.   


The lack of skilled labor and an ever increasing load of “big data” will create the need for more Internet of Things for the field workforce and will create the need to communicate real time data from the office to the field. I-Pads and tablets are becoming common, but a broader use of robotics and IOT for the systems and parts will make for some exciting times in the industry.  


 The lack of skilled labor will drive building costs up and in order to maintain some type of profit margin, builders will have to turn to other ways to accelerate the construction process. We still see too much waste on the site and we have to find ways to recycle those wastes and minimize them as well.   


   

 




The Modular Benefits

   Build your next project SMARTER not HARDER and we will HELP with some JV capital in the deal with you 

 
• Myth one – modular means temporary. The reality is that you are just changing the process. Same codes, same building materials,  everything's is the same as a site-buit solution, but construction takes place in a more controlled factory environment. This means better quality because the process is not subject to poor weather, which can cause serious quality issues and a greater risk of delays and budget overruns.  


• Myth two – modular is all about ugly, grey boxes Individual building modules do look like grey boxes but these units form the structure. There have been huge developments in modular construction and the approach can deliver award-winning architecture. There is a much wider range of aesthetic options that allow designers to achieve architectural variety, with all the speed and quality benefits of building off-site.  


• Myth three – modular construction is completely inflexible. One of the biggest criticisms of modular construction is the lack of flexibility in design and appearance. However, a technically advanced modular solution can easily deliver a much greater degree of design freedom. 


MBSN LLC has extensive modular industry knowledge of the demand of our preferred equity structure partners of domestically built new construction projects. 


Our institutional and high net worth investor plants are unparalleled in the industry.  

MBSN LLC approach is to thoroughly understand the underlying real estate asset and the business plan that the client will implement to add value through our modular design and construction. 


USA only. Typical new construction candidate projects are with developers with 10% cash equity and typical pre-development monies raised and ready for deployment.    


"Requires 90 days permit ready jobs.    Minimum deal size is $10M+"  
 

Asset Groups:  


• Multifamily
 •Hospitality
 •Senior Housing (All categories)
 •Special Purpose / Mixed Use
 •Condo  •Student housing

   
Principal’s seeking a JV financing solution for your CRE project look no further … 



For real estate developers building ground up, we have a program in place with several national construction provider and have a great jv equity/ jv mezzanine program. 


Please let us know if you would like to learn more about these programs and contact us.   


 Grant Smereczynsky
bsnbuilder@bsnmail.com
MBSN LLC
member/ceo 


https://www.linkedin.com/in/grant-smereczynsky-7819727/


https://www.linkedin.com/groups/163861


http://buildingsystemsnetwork.com/


The JV deal

   

MBSN is a streamlined Construction Process   


Primarily, four stages make up factory-built construction. First, design approval by the end-user and any regulating authorities; second, assembly of module components in a controlled environment; third, transportation of modules to a final destination; and fourth, erection of modular units to form a finished building. 


Unique to modular construction, while modules are being assembled in a factory, site work is occurring at the same time. This permits earlier building occupancy and contributes to a much shorter construction period, reducing financing and supervision costs. Saving even more time and money, nearly all design and engineering disciplines are part of the manufacturing process. Also unique to modular, is the ability to simultaneously construct a building’s floors, walls, ceilings, rafters, and roofs. During site–built construction, walls cannot be set until floors are in position, and ceilings and rafters cannot be added until walls are erected. On the other hand, with modern modular methods of construction, walls, floors, ceilings, and rafters are all built at the same time, and then brought together in the same factory to form a building. This process often allows modular construction times of half that of conventional, stick–built construction.   


Prefabrication and related techniques allow for the following:   


More controlled conditions for weather, quality control, improved supervision of labor, easier access to tools, and fewer material deliveries (Construction Industry Institute, 2002).   


Fewer job-site environmental impacts because of reductions in material waste, air and water pollution, dust and noise, and overall energy costs, although prefabrication and related technologies may also entail higher transportation costs and energy costs at off–site locations;   


Compressed project schedules that result from changing the sequencing of work flow (e.g., allowing for the assembly of components off-site while foundations are being poured on–site; allowing for the assembly of components off-site while permits are being processed);   


Fewer conflicts in work crew scheduling and better sequencing of crafts persons;   


Reduced requirements for on-site materials storage, and fewer losses or misplacement's of materials; and


   • Increased workers safety through reduced exposures to inclement weather, temperature extremes, and ongoing or hazardous operations; better working conditions (e.g., components traditionally constructed on-site at heights or in confined spaces can be fabricated off-site and then hoisted into place using cranes)  
 


MBSN LLC has extensive modular industry knowledge of the demand of our preferred equity structure partners of domestically built new construction projects. 


Our institutional and high net worth investor plants are unparalleled in the industry.  


MBSN LLC approach is to thoroughly understand the underlying real estate asset and the business plan that the client will implement to add value through our modular design and construction. 


USA only. Typical new construction candidate projects are with developers with 10% cash equity and typical pre-development monies raised and ready for deployment.    


Hospitality ▪ Student Housing      


Highlights   Territory:                          


Mainly USA will consider some additional markets   


Third Party Reports:   Client is responsible, at client expense, for any and all reports, appraisals and any other type of third party compilation about the project.     


Process:   ▪ If developer is intending on using modular JV developer must have modular LOI before submissions for JV debt can be made ▪     


Send preliminary package and required intake  


Complete follow-up questionnaire  Multiple conference calls 


Development company analysis and pre-underwrite 


Underwriting completed 


Funding   


Items needed for submission    Initial Information Needed for Equity request:   


1. Current Financial Proforma, including Total Development costs (hard and soft),  


2. Five year revenue or sale projections 


3. Detailed Construction Budget 


4. Total Square Footage assumptions and unit mix 


5. Current A/E drawings, including modular designs & layouts and Modular JV LOI. * All JV deals require modular prelim plans.


6. Project Executive Summary 


7. Marketing documents


 8. Appraisals 


9. Overall plan for project success after construction  


10. ANY Recent Term Sheets or Letters of Interest for project construction and permanent loan financing needs assumed in financial proforma  


11. Company and personal bio’s 


12. Company and personal financial statements of all sponsors involved in the project 


13. List of projects of similar type completed in the past.   


"Requires 90 days permit ready jobs.    Minimum deal size is $10M+"  
 

Asset Groups:  


• Multifamily
 •Hospitality
 •Senior Housing (All categories)
 •Special Purpose / Mixed Use
 •Condo  •Student housing

   
Principal’s seeking a JV financing solution for your CRE project look no further … 


For real estate developers building ground up, we have a program in place with several national construction provider and have a great jv equity/ jv mezzanine program. 


Please let us know if you would like to learn more about these programs and contact us.   




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MBSN Development LLC

2724 Via Murano, Clearwater, Florida 33764, United States

(770) 231-4462

Hours

Monday - Friday: By appointment

Saturday: By appointment

Sunday: Closed