『Built Different』のカバーアート

Built Different

Built Different

著者： Spring Street Management Group
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概要

 Built Different is a daily podcast for developers, general contractors, and capital partners working in modular, volumetric, and off-site construction. No hype. No futurism. Just execution reality. Each episode breaks down what actually determines success or failure in factory-built projects: coordination gaps, design freeze timing, transportation risks, sequencing failures, financing mismatches, and the hidden costs no one models. This isn't a show about the promise of modular. It's about what happens when modules hit the jobsite—and what you need to get right before they do. Topics include: Why modular projects fail (and it's not the factory) Design freeze and its hidden costs Transportation as construction risk Site work that still controls the timeline Where modular actually saves money—and where it doesn't Sequencing, coordination, and the gaps between systems 3-4 minutes daily. Built for people who build. Brought to you by Spring Street Management Group.© 2026 Spring Street Management Group マネジメント・リーダーシップ リーダーシップ 個人ファイナンス 経済学
エピソード
  • Speed-to-Revenue: The Modular Finance Edge Nobody Measures

    Speed-to-Revenue: The Modular Finance Edge Nobody Measures
    2026/01/30
    Every modular pitch talks about speed. But do your pro formas actually model what speed is worth?

    The financial edge of modular isn't in construction cost savings—it's in the time value of earlier revenue. Most developers leave this value on the table.

    Topics covered:

    • Carrying cost savings: $50K-$150K per month on mid-rise
    • Earlier lease-up and market timing advantages
    • NOI acceleration and faster refinancing
    • IRR impact: 200-400 basis points from schedule compression
    • Underwriting speed into your capital structure

    For developers and capital partners quantifying modular's financial edge.

    Built Different is produced by Spring Street Management Group. New episodes drop weekdays at 6 AM Pacific.
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    4 分
  • What Institutional Capital Actually Wants from Modular

    What Institutional Capital Actually Wants from Modular
    2026/01/29
    Modular promises faster delivery and better IRRs. So why isn't institutional capital flooding in?

    Institutional LPs and fund managers operate on different criteria than developer capital. Most modular developers aren't checking all their boxes—yet.

    Topics covered:

    • Track record requirements—completed projects, not prototypes
    • Repeatability: the playbook institutions want to see
    • Scalability: $50M+ deployment, not one-off deals
    • Counterparty risk across the factory-GC-developer chain
    • Building platforms, not projects—the winning strategy

    For developers seeking institutional capital and fund managers evaluating modular.

    Built Different is produced by Spring Street Management Group. New episodes drop weekdays at 6 AM Pacific.
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    4 分
  • Factory Deposits: Who Owns the Risk?

    Factory Deposits: Who Owns the Risk?
    2026/01/28
    What happens to your seven-figure factory deposit if the modular factory goes under?

    In traditional construction, work-in-progress sits on your land. In modular, it sits in someone else's factory—and the legal protections aren't what most developers assume.

    Topics covered:

    • Title transfer timing—when do you actually own the modules?
    • Commingling risk and material segregation
    • Supplier lien exposure even after you've paid the factory
    • Factory bankruptcy and the Chapter 11 trap
    • Protective measures: UCC filings, escrow, performance bonds

    For developers and lenders conducting factory due diligence beyond quality.

    Built Different is produced by Spring Street Management Group. New episodes drop weekdays at 6 AM Pacific.
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    5 分
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