Real Estate Development: Principles and Process 4th edition, by Mike E. Miles, Gayle L. Berens, Mark J. Eppli and Marc A. Weiss covers each stage of the method step by step, explaining the basics of thought conception, feasibility, planning, financing, market analysis, contract negotiation, construction, advertising, and asset management. Totally updated, the book consists of materials on financing and marketing.
Creator builds on that legacy with up to date protection of electronic info methods and completely revised (vastly improved) coverage of marketing and market analysis. The authors emphasize the interaction between markets, marketability, and feasibility. Development recognizes that initiatives must be possible for all of their constituencies to be possible for the developer.
Real Estate Development: Principles and Process 4th edition also introduces role of public and political interaction and objective congruity in the process. Development extends James Graaskamp’s thoughts on development as socio-political activity. The need for coherent threat-management and exit methods at every step of the process emphasizes the development course of as (simultaneously) a enterprise exercise, a prelude to property management, and an integral part of asset/portfolio management strategy.
Authors additionally introduce the basic ideas and processes of real property development. You can be launched to the basics of venture identification, feasibility evaluation, acquisition, financing, entitlement, design, construction, and marketing.
This book will explain the important concepts and key questions inherent in each development section, in addition to introduce a model of important pondering skills that can be used to gage initiatives, whereas exploring the value of design thinking. A case examine project will integrate program concepts and demonstrate potential methods individuals can develop their own projects.
Real Estate Development: Principles and Process
Mike E. Miles, Gayle L. Berens, Mark J. Eppli and Marc A. Weiss
Urban Land Institute; Fourth edition