Real Estate Development
Whitehead, Jim. 2019.
Real Estate Development. Vancouver, BC: UBC Real Estate Division.
- Chapter 1: Real Estate Development Overview
Introduction
An Urban Systems View of Development
The Real Estate Development Industry
Managing the Development Process
Summary
- Chapter 2: Economic Forces and Trends in Real Estate Development
Key Demand Factors
The Pattern of Land Supply
Business Fluctuations
Trends in Real Estate Development
Summary
- Chapter 3: Forces Shaping Real Estate Development: Political and Government
How Government Influences Real Estate Development
Local Political Forces Affecting Development
Important Emerging Techniques for Managing Growth
Planning Legislation
Summary
- Chapter 4: Analysis of Development Potential
Development Planning: Purpose and Method
Development Research
Market Analysis
Neighbourhood Analysis
Location Analysis
Site Analysis
Political Analysis
Summary
- Chapter 5: Land Acquisition
Introduction to Land Acquisition
Acquisition Strategy
Example of an Offer to Purchase
Summary
Appendix: Acquisitions Issues
- Chapter 6: Urban Planning and Design
Importance of Planning and Design
A Critique of Contemporary Development
Urban Design Principles
The Planning and Urban Design Process
Planning and Design Process: Large Developments
Planning and Design Process: Small Developments
Summary
- Chapter 7: Introduction to Economic Feasibility Studies
Types of Feasibility Studies
Feasibility Studies: Uses, Investment Objectives, and Risk
Project Evaluation: Economic Feasibility Analysis
Summary
- Chapter 8: Economic Feasibility Analysis
Overview
The Pro Forma Budget
Project Cash Flow
Discounted Cash Flow (DCF) Analysis
Project Evaluation
- Chapter 9: Development Approval Process
Implementation
The Ground Rules Change
The Six Approval Processes
The Dynamics of the Approval Process
Summary
- Chapter 10: Introduction to Development Finance
The Marriage of Finance and Real Estate
Real Estate Equity Investments
Real Estate Debt Market
Underwriting the Financing
Summary
Appendix A: Project Financing Underwriting Process � Case Studies
Appendix B: Terms and Conditions to Qualify for Mortgage Insurance
- Chapter 11: Financing Development
The Land Development Process
Development Financing
The Interim Loan
Alternative Development Financing Arrangements
Sources of Development Financing
Summary
- Chapter 12: Project Management in Construction
Managing Development and Construction
The Project Life Cycle and Construction Management
Project Management
Decisions About Design
Organizing the Project
Approaches to Project Construction
Selecting the Contractor
Construction Contracts
Key Tasks in Land and Building Development
The Changing Environment in the Construction Industry
Project Risk
Attributes of the Successful Project
Attributes of the Unsuccessful Project
Conclusion
- Chapter 13: Marketing and Sales
From Marketing to Sales: An Overview
Marketing
Public Relations
The Selling Process
Accounting for Sales
Different Approaches to Marketing Real Estate Projects
Conclusion
- Chapter 14: Strategic Decision Making
Corporate Strategy
Commentary on Corporate Strategies of Western Developers in the 1978-82 Property Boom and Bust
Sources of Error in Strategic Decision Making
Developer Behaviour During Business Cycles
Commentary on Sources of Strategic Decision Error
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