The Real Estate Developer´s Handbook
Fourth level
Fifth level
Stages of Real Estate Development
·
Feasibility Study
·
Design
·
Financing
·
Construction
·
Marketing/Leasing
·
Operations and Management
Refining Your Idea
·
Decisions site, use, marketing strategy
·
Pro Forma statement
·
Feasibility study
·
Verifications and recalculations
Capital
·
Make sure, how to finance your development
·
Approach several potential lenders
·
Remember that there are choices(pension/insurance funds, equity financing,
private/public grants)
·
Lenders mediation (prosper.com)
Due Diligence
Contract Data - is everything in order?
Title
Entitlement rights and restrictions
Adverse Conditions How much is buildable?
Presence of Utilities
Project Goals can you finish the project alltogether?
Pre-application