Condensed Chapter 24 Slides

Condensed Chapter 24 Slides - Chapter 24 Real Estate...

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“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Chapter 24 Real Estate Development and Property Trends
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“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Major Topics Players in the development process Feasibility analysis considerations Graaskamp’s approach to feasibility Market analysis: sources of demand/ supply Legal political analysis/ economic inclusion Physical, design and site considerations Green design and sustainable development Front door and back door financial analysis Property trends
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“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Introduction The essence of development is changing land use, or adding to the supply side of the space market Developers must have vision and see opportunities that others do not see or are too slow to capitalize upon To have the vision for developing a totally new concept is the dream that lures some entrepreneurs to development Others are successful because they are “fast seconds”, that is someone who can monitor successful trends tested first by others and quickly follow this same path Developers also have a tendency to want to influence their community
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Condensed Chapter 24 Slides - Chapter 24 Real Estate...

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