REP-601 The Development Process
The course provides an overview of the development process, including site selection, due diligence, design, finance, construction, leasing, operations, and sales. It explains how the real estate ownership cycle-acquisition. Administration, alienation-provides an integrated, continuing frame of reference for the decision-making and implementation process. Students learn about the participants in the development process, the types of real estate development, and contract and closing procedures. The course examines the roles played by the public and private sectors, emphasizing the differences in perspective associated with each sector.