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. Real estate development financing usually involves two loans short term and long term the short term construction loan is used to finance the construction and lease up phases of a project when construction is completed the income is stable and the appropriate market level of occupancy is reached a long term loan often called permanent or . As traditional sources of funding and the real estate markets have changed entrepreneurial public and private leaders are figuring out how to move their communities forward. Finance and valuation in terms of how the real estate development process is described and explained a grasskamps early work on real estate development the fundamentals of real estate development 2 in this article graaskamp sets the stage for the discussion of complexities and nuances of the real estate development process he writes. Year after year the commercial real estate development financing market changes evolves in turn developers and investors are forced to keep up with the changes while doing what is best for them in todays day and age there are many types of commercial real estate financing including the options detailed above
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