Ebook: Finance for Real Estate Development

Cover; Copyright; About the Author; Foreword; Acknowledgments; Contents; Chapter 1. The Development Process; Real Estate Overview; The Development Process and Risk; Stages of Development; Predevelopment; Development; Close-out and Operation; Four Dimensions of Successful Development; Values; Information; Financial Viability; Relationships; Skills of a Successful Developer; Development Sectors; Customer Issues; Return, Absorption, and Risk; Case Study; Chapter 2. The Basics of Real Estate Finance; Basic Debt and Equity Structure; Project Valuation; Capitalization Rates.;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.