Managing the Complexities of Real Estate Development


Book Description

"This book provides a concise summary of the real estate development process, allowing the reader to learn the fundamentals and details of development outside of the sink-or-swim environment of a particular project. The goal of the book is to provide young developers, attorneys and debt and equity associates of the future an in-depth behind the scenes view of the dynamic real estate development world, including how developers make money and how development companies are structured, locating and contracting to purchase a project location, financial analysis, the design and development process, securing project financing and ultimately refinancing or selling the project. Although the early discussions center around multifamily apartment developments, the idiosyncrasies of retail, office, hotels, seniors' and mixed-use projects are described in later chapters. Among other covered topics, this book explains the research necessary to find an acceptable site and how to acquire the site (including land purchases, ground leases and joint ventures with landowners); initial and later stage evaluation of project performance including debt and equity financing metrics; agreements with architects and contractors; the various development phases; project financing and the capital stack, including alternative forms of financing; and project sale or refinance. Professionals involved in real estate development use a large number of acronyms and industry standard terms that are unrecognizable to the novice, and a handy guide to this terminology is included in the Glossary of Terms"--




Managing the Complexities of Real Estate Development


Book Description

Managing the Complexities of Real Estate Development provides a concise summary of the real estate development process, allowing the reader to learn the fundamentals and details of development outside of the sink-or-swim environment of a particular project. It offers early and mid-career real estate, legal, and financial professionals a behind the scenes view of the dynamic real estate development world, including: how developers make money, how development companies are structured, site location and acquisition, financial analysis, the design and development process, securing financing, project performance evaluation, and project sale or refinance. While focusing on multifamily apartment developments, the idiosyncrasies of retail, office, hotels, and mixed-use projects are also covered.




Finance for Real Estate Development


Book Description

Explaining how finances drive each decision in the real estate development process, this helpful industry guide recognizes the complexities and significant risks of each project and illustrates how to reconcile conflicting elements to ultimately achieve success. A 36-year real estate development veteran, author Charles Long shares the practical information and personal insights that he has gained over the course of his career, and weaves relevant real world examples into the text, helping to clarify the principles necessary to effectively manage a project in today’s financial landscape. Ideal both for those starting out in real estate development and experienced professionals who want to learn the theory behind the practice, this book offers a different perspective on making the monetary decisions that are involved in property development projects.




Real Estate Development Matrix


Book Description

This book presents a new way of thinking about, teaching, learning, and practicing real estate development. Real Estate Development Matrix describes the process in a two-dimensional model and presents seven Development Stages which form the horizontal axis, and eight sets of Development Tasks which form the vertical axis to define a 56-cell matrix. In each cell, money is spent and risks are taken to achieve certain tasks and thereby create (or destroy) value. This holistic process considers the entire life cycle of real estate from its "green field" inception to its "brown field" state. The book is written by a real estate developer and academic, and the presented material is conceptual, practical, and non-technical. Jargon has been minimized as much as possible as the author introduces an entirely new model for real estate development that is both academically authoritative and developed in practice. It is aimed at a general professional audience participating in the development process, but equally the book is ideal for use as a textbook in undergraduate and graduate courses in real estate development, and an excellent supplemental text for business courses discussing real estate finance and investment. It may also be used as a textbook for professional courses, workshops, or seminars in real estate development. The book is supported by an interactive website at http://realestatedevelopmentmatrix.com/




Real Estate Development


Book Description




Residential Land Development Practices


Book Description

This comprehensive text focuses on how to develop raw land into marketable residential lots and homes, offering practical and proven techniques to manage land development operations and the process of regulating, debating, designing, and building residential neighborhoods. A successful management process of developing land on time and within budget is outlined in detail. The extensive reports and methods described are useful day-to-day management tools for the land development industry. Topics include cost estimating, conceptual design planning, approval strategies, the land development bid process, project management, and operational procedures. Also covered are preparing design documents, obtaining bids of equal comparison, implementing a project plan in the field, budget constraints controls, and understanding the best interest of the home buyer.




Professional Real Estate Development


Book Description

This basic primer covers the nuts and bolts of developing multifamily, office, retail, and industrial projects. Small-scale examples are ideal for anyone new to real estate development.




Snob Zones


Book Description

An exploration of the corrosive effects of overpriced housing, exclusionary zoning, and the flight of the younger population in the Northeast Winner of the 2014 Bruss Silver Award and First-Time Author Award from the National Association of Real Estate Editors Towns with strict zoning are the best towns, aren't they? They're all about preserving local "character," protecting the natural environment, an dmaintaining attractive neighborhoods. Right? In this bold challenge to conventional wisdom, Lisa Prevost strips away the quaint façades of these desirable towns to reveal the uglier impulses behind their proud allegiance to local control. These eye-opening stories illustrate the outrageous lengths to which town leaders and affluent residents will go to prohibit housing that might attract the “wrong” sort of people. Prevost takes readers to a rural second-home community that is so restrictive that its celebrity residents may soon outnumber its children, to a struggling fishing village as it rises up against farmworker housing open to Latino immigrants, and to a northern lake community that brazenly deems itself out of bounds to apartment dwellers. From the blueberry barrens of Down East to the Gold Coast of Connecticut, these stories show how communities have seemingly cast aside the all-American credo of “opportunity for all” in favor of “I was here first.” Prevost links this “every town for itself” mentality to a host of regional afflictions, including a shrinking population of young adults, ugly sprawl, unbearable highway congestion, and widening disparities in income and educational achievement. Snob Zones warns that this pattern of exclusion is unsustainable and raises thought-provoking questions about what it means to be a community in post-recession America.




The Real Book of Real Estate


Book Description

From the #1 bestselling author of "Rich Dad, Poor Dad" comes the ultimate guide to real estate--the advice and techniques every investor needs to navigate through the ups, downs, and in-betweens of the market.




The Proptech Guide


Book Description

The PropTech Guide is the leading book to the property technology revolution including the disruption, innovation and lucrative opportunities. Created by a technology evangelist and a prominent thought leader in PropTech and the asset management space. This revolutionary guide showcases 222 innovative firms in PropTech in a single volume.