An accomplished developer, Donald Marr serves as president and CEO of Diversified Investment Group, a real estate firm that identifies, acquires, manages, and develops residential and commercial properties in key metropolitan areas around the world. To guide his work, Donald Marr uses the leading tools and systems in the construction industry.
Building information modeling (BIM) is an effective tool used in designing computer representations of buildings and other real estate projects. BIM is commonly utilized by architects, engineers, general contractors, and fabricators to determine job costs and the strength of building materials and structure.
BIM also offers many other benefits, including efficiency and productivity. By using this technique, construction professionals can reduce errors and rework because they can identify and fix issues earlier in the construction process. By using accurate materials, fabricators can reduce waste and time spent during pre-assembly. Mechanical, electrical, and plumbing (MEP) engineers also benefit from proper modeling of both large elements like duct systems and air handles, as well as smaller elements involving electrical systems such as outlets and switches.
An experienced real estate executive, Donald Marr serves as president and CEO of Diversified Investment Group. In this role, Donald Marr is responsible for identifying and developing significant real estate projects in several European countries, including Spain.
Spain’s real estate market has been experiencing a relatively strong period since the real estate bubble in 2007, with 2018 its best year so far. The growth stability of the real estate market has increased foreign investments in Spain’s residential and commercial properties by 5.2 percent over the last 10 years. The country has also experienced additional benefits in increased real estate value, job creation, and mortgage loan approvals.
A report from Tinsa, a consulting firm that conducts property valuations in Europe and Latin America, revealed that real estate prices in Spain will likely increase on average from 4 to 6 percent each year, starting in 2019. For potential investors, the price hike, combined with the attractive mortgage terms offered by banks, makes investment a sound decision, as the rental market is expected to follow suit and increase more quickly than earnings.
A successful resort and real estate executive, Donald Marr serves as president and CEO of Diversified Investment Group in Marbella, Spain. When starting a new real estate development project, Donald Marr highlights the importance of utilizing technology such as 3D printing to rise above the competition.
In the construction industry, 3D printing is particularly useful for manufacturing complex components, creating prototypes or models, and even constructing an entire building. With 3D printing, construction companies can create sophisticated visual representations of their projects quickly to avoid delays. Architects and clients can reach an agreement much faster if they have a better way to verify their design ideas or pinpoint inconsistencies.
The construction industry is inherently wasteful, with chemicals and leftover building materials often discarded instead of recycled. The use of 3D printing to fabricate components precisely reduces waste significantly. Construction companies can print building elements offsite to lower carbon footprint. Construction 3D printers are also powered by electricity, thereby reducing direct emissions.