Real Estate Development and Investment: A Comprehensive Approach
Real estate development and investment is an exciting endeavor that offers as many opportunities as it does challenges. In order to achieve success in this evolving field, you have to have a firm understanding of how to operate within it. And while this won't happen overnight, there is a way to shorten the learning curve.Author Stephen Peca has been involved in the real estate industry and development business in one aspect or another for thirty years. During this time, he's gained some valuable insights into this dynamic discipline and now, withReal Estate Development and Investment, Peca shares them with you.Written in a straightforward and accessible style, this informative guide skillfully outlines the different phases of the real estate development process-from conceptualization, site acquisition, and construction to financing, leasing, marketing, and investment management and discusses what you need to be aware of in order to keep projects organized and on track. And while leadership, management, control of the development team, and public/private partnerships are featured issues in this volume, Peca also takes the time to address other essential aspects of this process, such as idea refinement, ethics, and branding.WithReal Estate Development and Investmentas your guide, you'll quickly gain an appreciation of the functional skills necessary to be successful in this field. Chapter by chapter, you'll become more familiar with:The factors affecting demand for different land uses and developmentThe need for universal, current, and broad knowledgeThe key legal issues that must be considered by real estate developersThe importance of environmental considerations in real estate developmentThe role of different professionals and companies involved in the development processAnd much moreOnce you understand the overall real estate development process, you can pursue this endeavor anywhere in the world—because while the laws may differ, the process is exactly the same. Whether you're an experienced real estate professional or putting your first project together, this reliable resource will show you what it takes to be successful in today's real estate development and investment business.