Now that the 2016 election is over and a former commercial real estate developer is poised to be the next President, many investors think that there will be an easing... read more →
Party time is back again... condominium pre-sales are back in fashion with residential buyers. Nothing seems more fortunate for developers than being able to sign sales contracts and take deposits for units in a... read more →
Some of the many nuances across these various development analyses. See here for a similar chart on condominiums vs. housing subdivisions.
Whether a commercial real estate senior loan is issued for an acquisition or a development, if it is sized to the the lender's maximum specified threshold (whether Loan To Value--"LTV", or... read more →
Modeling development transactions can be tricky if you want to avoid allowing circular references in your spreadsheets. Circular references can distort your calculations dangerously in that they mislead your expectations... read more →
There is something of a mystery surrounding the mechanics of Senior Construction Loans. Here's our plain-English attempt to provide better clarity: 1. The Senior Construction Loan is not drawn down... read more →
In 2008, Abdo Development faced a situation that many developers did – they had control of a great condominium development site, but no... read more →
Here is another great piece from Project Leadership Guru's Ravi Bhatia on some of the essential elements of running a successful real estate development or renovation construction project. Enjoy, and... read more →
As we all know, construction hard costs are the lion's share of any ground-up development project, and they are often a significant share of the total costs when a property... read more →