{"product_id":"real-estate-development-and-investment-isbn-9780470223086","title":"Real Estate Development and Investment","description":"\u003cp\u003eReal Estate Development and Investment\u003c\/p\u003e \u003cp\u003eA Comprehensive Approach\u003c\/p\u003e \u003cp\u003eWritten by real estate industry veteran Stephen Peca, this timely guide skillfully outlines the various phases of the real estate development process and addresses some of the most important issues associated with this discipline.\u003c\/p\u003e \u003cp\u003eUsing numerous illustrations and anecdotes, this book takes you through the development process, from historical considerations and idea formulation to financial feasibility and asset disposition, while covering the entire cycle of real estate development for various property types. Topics touched upon throughout these pages include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe key factors affecting demand for different land uses and development\u003c\/li\u003e \u003cli\u003eThe interaction of market research, financing, planning, contract negotiation, marketing, leasing, and property management\u003c\/li\u003e \u003cli\u003eThe need for universal, current, and broad knowledge\u003c\/li\u003e \u003cli\u003eThe importance of ethics in the development process\u003c\/li\u003e \u003cli\u003eThe role of different professionals and companies involved in the development process\u003c\/li\u003e \u003cli\u003eEnvironmental considerations in real estate development\u003c\/li\u003e \u003cli\u003eAnd much more\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with in-depth insights and practical advice, this reliable resource will help you gain a firm understanding of the functional skills necessary to be successful in this field and familiarize you with several often-overlooked-but essential aspects of commercial real estate development.\u003c\/p\u003e  Preface.  \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Overview of the Development Process.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEconomic Perspective.\u003c\/p\u003e \u003cp\u003eRelevancy of Universal Knowledge.\u003c\/p\u003e \u003cp\u003eGround-Up Development versus Redevelopment.\u003c\/p\u003e \u003cp\u003eThe Six Phases of Development.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Business Ethics.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRelevancy to the Real Estate Industry.\u003c\/p\u003e \u003cp\u003eLegislated Ethics.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Project and Development Teams.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTypes of Developers.\u003c\/p\u003e \u003cp\u003eFunctional Disciplines in the Development Process.\u003c\/p\u003e \u003cp\u003eFactors to Consider When Forming a Development Team.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Historical Perspective Of Real Estate Development.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Beginnings of Real Estate Development.\u003c\/p\u003e \u003cp\u003eMajor Events Causing Change in the United States.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Market Research.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInception of the Idea.\u003c\/p\u003e \u003cp\u003eMarkets, Market Research, and Marketing (Analysis of Development Potential).\u003c\/p\u003e \u003cp\u003eConcepts That Define Marketing (and Markets).\u003c\/p\u003e \u003cp\u003eUsing Market Studies and Preparing for Marketability Studies.\u003c\/p\u003e \u003cp\u003eSources of and Methods for Gathering Information.\u003c\/p\u003e \u003cp\u003eFlaws of a Study.\u003c\/p\u003e \u003cp\u003eValidate the Data and the Importance of Revisions and Updates.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Marketability Studies.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eShowing That Your Development Concept Could and Should Be Built.\u003c\/p\u003e \u003cp\u003eImportance of Marketability Studies Revisited.\u003c\/p\u003e \u003cp\u003eIdea Refinement and the Application of the Marketability Study.\u003c\/p\u003e \u003cp\u003eThe Process of Idea Refinement.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Land Acquisition and Control.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNonspatial and Spatial Markets.\u003c\/p\u003e \u003cp\u003eElements of Design.\u003c\/p\u003e \u003cp\u003eTarget Markets and Market Share.\u003c\/p\u003e \u003cp\u003eSite Control and Acquisition.\u003c\/p\u003e \u003cp\u003ePublic and Private Restrictions on Land Use.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Land Planning and Siting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eValue Creation.\u003c\/p\u003e \u003cp\u003eProject Programming and Design.\u003c\/p\u003e \u003cp\u003eElements of Design—Again.\u003c\/p\u003e \u003cp\u003eTalking to End Users.\u003c\/p\u003e \u003cp\u003eTenant Mix and Marketability.\u003c\/p\u003e \u003cp\u003eA Brief Word about Architectural Drawings.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Entitlement Process and Public-Private Partnerships.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTypical Community Approval Process.\u003c\/p\u003e \u003cp\u003ePublic-Private Partnerships.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Budgeting, Financial Analysis, and Capital Structure.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparing for the Financial Analysis and Pro Forma.\u003c\/p\u003e \u003cp\u003eThe Development Budget.\u003c\/p\u003e \u003cp\u003eThe Operating Pro Forma.\u003c\/p\u003e \u003cp\u003eReview of Common Analytical Measurements.\u003c\/p\u003e \u003cp\u003eFinancing and the Capital Markets.\u003c\/p\u003e \u003cp\u003eShort- and Long-Term Financing.\u003c\/p\u003e \u003cp\u003eFinancing Cycle—Anticipating Requirements.\u003c\/p\u003e \u003cp\u003eElements of a Feasibility Study or Deal Book.\u003c\/p\u003e \u003cp\u003eGuarantees.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Contractors, Consultants, and Construction Contracts.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBudgeting and Scheduling.\u003c\/p\u003e \u003cp\u003eContractors and Construction Contracts.\u003c\/p\u003e \u003cp\u003eRisk Management during Construction.\u003c\/p\u003e \u003cp\u003ePreparing for Construction: Bid Proposals and Review.\u003c\/p\u003e \u003cp\u003eConstruction Documents and Construction Agreements.\u003c\/p\u003e \u003cp\u003eRisk Management: Part 2.\u003c\/p\u003e \u003cp\u003eScheduling.\u003c\/p\u003e \u003cp\u003eBonding and Insurance.\u003c\/p\u003e \u003cp\u003eConstruction Monitoring: Draw Meetings; Managing Change Orders.\u003c\/p\u003e \u003cp\u003eTenant Improvements and Coordination.\u003c\/p\u003e \u003cp\u003eConstruction Closeout.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Leases and How They Are Used.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eValue Creation.\u003c\/p\u003e \u003cp\u003eWhat Is a Lease?\u003c\/p\u003e \u003cp\u003eCommon Lease Structures.\u003c\/p\u003e \u003cp\u003eLease Management and Analysis.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Marketing Focus of Development.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKnow Your Target Audience.\u003c\/p\u003e \u003cp\u003eYour Essential Vision.\u003c\/p\u003e \u003cp\u003eThe Importance of Branding.\u003c\/p\u003e \u003cp\u003eImage, Identity, and Communication.\u003c\/p\u003e \u003cp\u003eComponents of Marketing Centers.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Investment Management.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFunction and Goal of Property Management.\u003c\/p\u003e \u003cp\u003eFunction and Goal of Asset Management.\u003c\/p\u003e \u003cp\u003eFunction and Goal of Portfolio Management.\u003c\/p\u003e \u003cp\u003eProperty Life Cycle.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 The Future.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRecent History—Where We Left Off.\u003c\/p\u003e \u003cp\u003eApparent Future Trends.\u003c\/p\u003e \u003cp\u003eGreen Development and Smart Growth.\u003c\/p\u003e \u003cp\u003eSocial Responsibility and Ethics.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eGlossary.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e \u003cb\u003eStephen P. Peca, CPA, MRICS,\u003c\/b\u003e is a Managing Director of Concourse Realty Group, LLC, and is an adjunct assistant professor in the Real Estate Institute of New York University. Before forming Concourse Realty Group, he was with Fleet Securities, Inc. Peca also has extensive experience as a commercial banker, chief financial officer, and property developer. Much of his work extends into overseas markets, and as such, Peca has extensive experience arranging international and cross-border transactions, including corporate, project, and infrastructure finance. Peca has a Certificate in Advanced Management from the University of Chicago and has a BBA in public accounting. He has received the New York University Award for Outstanding Service and is a Member of the Royal Institution of Chartered Surveyors as a Chartered Management Consultancy Surveyor. He is also a member of the Financial Executive Networking Group (FENG) and established and leads the FENG NYC Real Estate Special Interest Group and is a member of CoreNet Global.  Real estate development and investment is an exciting endeavor that offers as many opportunities as it does challenges. In order to achieve success in this evolving field, you have to have a firm understanding of how to operate within it. And while this won't happen overnight, there is a way to shorten the learning curve.  \u003cp\u003eAuthor Stephen Peca has been involved in the real estate industry and development business in one aspect or another for thirty years. During this time, he's gained some valuable insights into this dynamic discipline and now, with \u003ci\u003eReal Estate Development and Investment\u003c\/i\u003e, Peca shares them with you.\u003c\/p\u003e \u003cp\u003eWritten in a straightforward and accessible style, this informative guide skillfully outlines the different phases of the real estate development process-from conceptualization, site acquisition, and construction to financing, leasing, marketing, and investment management and discusses what you need to be aware of in order to keep projects organized and on track. And while leadership, management, control of the development team, and public\/private partnerships are featured issues in this volume, Peca also takes the time to address other essential aspects of this process, such as idea refinement, ethics, and branding.\u003c\/p\u003e \u003cp\u003eWith \u003ci\u003eReal Estate Development and Investment\u003c\/i\u003e as your guide, you'll quickly gain an appreciation of the functional skills necessary to be successful in this field. Chapter by chapter, you'll become more familiar with:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe factors affecting demand for different land uses and development\u003c\/li\u003e \u003cli\u003eThe need for universal, current, and broad knowledge\u003c\/li\u003e \u003cli\u003eThe key legal issues that must be considered by real estate developers\u003c\/li\u003e \u003cli\u003eThe importance of environmental considerations in real estate development\u003c\/li\u003e \u003cli\u003eThe role of different professionals and companies involved in the development process\u003c\/li\u003e \u003cli\u003eAnd much more\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eOnce you understand the overall real estate development process, you can pursue this endeavor anywhere in the world—because while the laws may differ, the process is exactly the same. Whether you're an experienced real estate professional or putting your first project together, this reliable resource will show you what it takes to be successful in today's real estate development and investment business.\u003c\/p\u003e  \u003cp\u003eReal Estate Development and Investment\u003c\/p\u003e \u003cp\u003eA Comprehensive Approach\u003c\/p\u003e \u003cp\u003eWritten by real estate industry veteran Stephen Peca, this timely guide skillfully outlines the various phases of the real estate development process and addresses some of the most important issues associated with this discipline.\u003c\/p\u003e \u003cp\u003eUsing numerous illustrations and anecdotes, this book takes you through the development process, from historical considerations and idea formulation to financial feasibility and asset disposition, while covering the entire cycle of real estate development for various property types. Topics touched upon throughout these pages include:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe key factors affecting demand for different land uses and development\u003c\/li\u003e \u003cli\u003eThe interaction of market research, financing, planning, contract negotiation, marketing, leasing, and property management\u003c\/li\u003e \u003cli\u003eThe need for universal, current, and broad knowledge\u003c\/li\u003e \u003cli\u003eThe importance of ethics in the development process\u003c\/li\u003e \u003cli\u003eThe role of different professionals and companies involved in the development process\u003c\/li\u003e \u003cli\u003eEnvironmental considerations in real estate development\u003c\/li\u003e \u003cli\u003eAnd much more\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with in-depth insights and practical advice, this reliable resource will help you gain a firm understanding of the functional skills necessary to be successful in this field and familiarize you with several often-overlooked-but essential aspects of commercial real estate development.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989921382629,"sku":"NP9780470223086","price":100.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470223086.jpg?v=1761785916","url":"https:\/\/k12savings.com\/products\/real-estate-development-and-investment-isbn-9780470223086","provider":"K12savings","version":"1.0","type":"link"}