Tuesday, October 21, 2014
Getting Started in Commercial Development
Partner for needed expertise, experience, credibility
Find the Property:
Size, Zoning, Price
Multiple Exit Strategies
Community Building: For what does the property lend itself best? Where is the economic opportunity? What problem needs to be solved?
Building Your Team:
Who has done similar projects in the past? What architect/builder has experience in this particular asset class or construction?
Does the project pencil?
Are there financial incentives available?
Market Trends and Long-Term Strategies
Buy and Hold
Build, Stabilize and Sell