4 Types of Construction Lenders For Your New Development Project
Thursday, March 15
At this point in the life cycle in your new apartment development project, you need to select the type of construction lender appropriate to your situation, get ready to close our construction loan and begin building your apartment units. In this article, we will describe the general types of con...
Competitive Learning Practices*: 9 Practices for Continuous Learning
Thursday, January 11
Guidance and tactics to learn effectively and competitively in this new era of global competition.We are in a new era of knowledge work, where folks that I learn with call “IR4” or the 4th Industrial Revolution. What IR4 means and why it’s important, is that we are in the most technologically adv...
5 Fundamental Practices of Strategic and Effective Project Management
Wednesday, December 06
As you build your career in real estate development, one thing will make itself clear, brilliant and effective project management, for yourself or by those on your team, is the most critical part of real estate development execution.I started my career in 1995 working for Mike Costa at Kaufman an...
Land Development Project Underwriting
Monday, November 20
In working on your real estate development project, you will need to underwrite your land development costs, either for a stand alone land project, or in making assessments of the land component of your new construction apartment project. Below is a methodology for determining the cost of land de...
RE Development Zoning Research Process - Part 2 of a 2 Part Series
Monday, November 13
In Part 1 of this series, we demonstrated how to research the zoning for your project. In this part 2, we'll demonstrate how to check the zoning standards or as they are sometimes called development standards. These are the requirements and conditions for the development within that zoning design...
Apartment Financial Underwriting - Part 2 of a 2 Part Series
Thursday, November 09
Investment Yield RatiosIn Part 1 of this series, we covered the basic organization and structure of an apartment proforma, income and expense summary, and a construction cash flow schedule.In this 2nd part, we'll cover investment yield ratios that we utilize as a professional development company,...