Posts Tagged ‘Project’

Systemates Inc. Client Ensign Group Speaks on Unexpected Benefits of Implementing a Project Management Solution

Tuesday, December 17th, 2013

La Jolla, CA (PRWEB) December 03, 2013

Award-winning software company, Systemates Inc., announced today that Andy Ashton, Director of Construction and Renovation Services, at Ensign Services recently spoke at the Construction Owners Association of America Leadership Conference. Construction owners from around the country attended the conference at Torrey Pines in La Jolla, California October 30- November 1. Ashton was part of a roundtable discussion where three different owners discussed how they implemented a construction project management solution and how those solutions are currently helping their programs.

Many of the key ideas touched on during the discussion were the unexpected benefits that came from implementing a project management solution. Ensign Group, a group of long-term and short-stay rehabilitation centers, teamed up with Projectmates construction project management software for capital improvement projects at 116 skilled nursing and rehabilitative facilities across the country. Previously, they relied on Excel spreadsheets, emails, and conference calls. Frankly, we were very disorganized in terms of how we managed our construction renovation process, said Ashton. Projectmates has not only structured communication and collaboration but, has allowed Ensign Group the ability to reduce our change orders by 90% just by being more organized.

Since implementing Projectmates, Ensign Group has also observed a reduction in time and paperwork with electronic submittal and approval processes, better document management and tracking, easier access to files for those involved in the project, accessibility from the iPad, and easy modifications and customizations. Claims Aston, Weve only had our system in place for four months but it has completely transformed in that four month period the way we go about our business.

Integration of Projectmates data with their accounting software, MS Great Plains, is planned to be completed in next few weeks. This will allow the contractors to enter their invoices online in Projectmates, reviewed by the project team and automatically sent to their Accounting system for processing payments. This is going to save so much time in double entry. This is huge for us! says Ashton.

About COAA

COAA was founded in 1994 to serve the interests of construction project owners. COAA is comprised of a diverse group of men and women representing construction project owners throughout America. COAA is dedicated to making a significant and lasting impact on the construction industry through its leadership by creating a unified, collective voice for owners’ issues in the construction process. Owners and Developers, both public and private, have needed a forum. A meeting place to gather, share common goals, learn, discuss, survey the future and share a collective voice. These are the goals that fostered the founding of Construction Owners Association of America. To learn more about COAA, visit http://www.coaa.org.

About Systemates, Inc.

Founded in 1995 by leading architects and software engineers, Systemates developed Projectmates to equip owners and owners representatives with a secure, sophisticated project management construction software solution. Projectmates collaborative platform dramatically improves project execution, cuts costs and delays, increases accountability, and reduces risks. With its cutting edge technology, Projectmates creates one seamless platform for managing the complete lifecycle of a building, from planning, bidding, and building to maintaining the facilities. Over 44,000 users from organizations such as Retailers, Real Estate developers, Educational and Government agencies rely on Projectmates to manage billions of dollars in capital construction programs. Systemates is privately held and headquartered in Dallas, Texas. To learn more about Projectmates by Systemates visit http://www.projectmates.com or follow us on Facebook/Projectmates.







Ullicos Flagship Commercial Real Estate Fund Commits $20 Million to Minneapolis Construction Project

Monday, December 3rd, 2012


Washington, D.C. (PRWEB) November 28, 2012

Ullico Inc., today announced it will extend up to $ 20 million in financing through its Separate Account J, also known as J for Jobs, for the construction of Loring Park Tower, a 37-story, 354-unit high-rise apartment building in downtown Minneapolis, Minn.

We are proud to be a part of this great project, said Edward M. Smith, president and CEO of Ullico Inc., at a celebration event with members of the Building and Construction Trades Council of Minneapolis. The commercial real estate market has weathered a storm over the last few years. But, we see new and exciting opportunities to make quality investments and generate returns in the marketplace right now. J for Jobs is back and poised for great success.

As a condition of Ullicos funding, Loring Park Tower will be built with 100 percent union labor. Ullicos Real Estate Investment Group estimates the construction of the tower will require an estimated 2.7 million labor hours annually, resulting in over a 1000 jobs for members of the Minneapolis area construction and building trades.

Since the recession began, about 20 to 30 percent of our members have been out of work, said Dan McConnell, business manager of the Minneapolis Building and Construction Trades Council. To have a company like Ullico make an investment like this that puts our members to work and lets them provide for their families is more than welcomed.

The Magellan Development Group of Chicago will be responsible for developing, leasing, and managing the Loring Park Tower property.

J for Jobs, Ullicos $ 2.3 billion flagship commercial real estate investment vehicle, has a 35-year tradition of delivering attractive and competitive fixed-income performance to institutional investors, while at the same time creating thousands of jobs for union members. Since its inception in 1977, construction projects financed by J for Jobs have generated an estimated 547 million labor hours, resulting in an estimated 280,000 union construction jobs.

We have a successful strategy of finding quality commercial real estate investments that provide our investors with solid and competitive returns year after year, said Herbert A. Kolben, senior vice president of Ullicos Real Estate Investment Group. J for Jobs 34 and 1 positive return record over the past 35 years is a record were proud of.

This win-win strategy of using labors money to finance construction projects that grow investment and pension funds and put union members and contractors back to work is why the union market place has no better partner than Ullico, Smith added.

Ullico is the only labor-owned insurance and financial services company. Its subsidiary, The Union Labor Life Insurance Company (Union Labor Life) manages Separate Account J. Ullicos Real Estate Investment Group, which is a part of Union Labor Life, provides overall project management, loan servicing and real estate consulting services.

The Union Labor Life Insurance Company is a member of the Ullico family of companies, which includes Ullico Investment Advisors, Inc.; Ullico Investment Company, Inc.; Ullico Casualty Company; and Ullico Casualty Group Inc.

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More Celebrity Real Estate Press Releases

WPL Publishing Webinar to Examine the Potential Risks, Benefits of Different Construction Project Delivery Systems

Wednesday, October 17th, 2012

Washington, DC (PRWEB) October 17, 2012

WPL Publishing soon will sponsor a webinar to help professionals within the construction community understand the pros and cons of various project delivery systems.

Understanding and negotiating construction contracts can be tricky and extremely risky. Potential risk and liability lies around every corner of a construction project, and unknowingly assuming that risk can put a company in harms way. If the wrong delivery system is used, or if professionals fail to understand and account for the risks and liabilities they are assuming under their construction contracts, their companies could become involved in timely and expensive disputes and incur liability that puts them out of business. The 90-minute webinar is designed to help construction professionals avoid such problems. To register for the event, scheduled for Thursday, Nov. 8, 2012, at 1:00 (EST), visit http://tinyurl.com/br35qjq.

During the webinar, entitled Delivery Systems: Understand the Potential Risks and Benefits Associated with Different Delivery Systems, attendees will learn how to do the following:


Recognize the more common delivery systems that are available and prevalent in todays construction industry.

Identify major liabilities and benefits to each party under each of those delivery systems.

Become familiar with new and cutting-edge delivery systems that are designed to address the current economic climate.

Addressing attendees will be a pair of attorneys in the Tampa, Fla., office of Carlton Fields, P.A. The practice of one attorney, Lauren Catoe, includes advising clients on the planning and development of large-scale, complex construction projects with a primary focus on contract preparation, review, and negotiation. She represents clients throughout various phases of project design and construction, and assists with project administration and management issues. The other attorney, Scott Pence, practices construction and real estate law. His practice primarily is focused on reviewing, drafting, negotiating, and administering design and construction contracts for both public and private projects, including insurance and other risk-management issues, where he represents owners, developers, contractors, and design professionals.

After their presentations, there will be an interactive 10-to-15 minute question-and-answer session addressing relevant topics.

Webinar tuition is based on location, not number of participants, so each registration site can have multiple participants for one low price. To register, visit http://tinyurl.com/br35qjq.

WPL Publishing Co., Inc. provides expert training, education, and development resources for the construction industry via live webinars and its ConstructionPro Network website (http://www.ConstructionProNet.com). Through ConstructionPro Network, WPL publishes the independent newsletter ConstructionPro Week, providing news, analysis, and insightful commentary about recent developments involving construction law, green buildings, building information modeling, and various construction managerial technologies and techniques.