
Construction Funding - The Process of Real Estate evelopment, Appraisal, and Finance, Fourth Edition
Wiley (Publisher)
Published on 17. March 2008
Software
Other digital
544 pages
978-0-470-25993-1 (ISBN)
Description
The Fourth Edition of the classic Construction Funding acquaints professionals and students alike with the critical tools needed for developing any successful real estate venture. Using a case example of an actual apartment development, Construction Funding walks the reader through each phase of the project, offering invaluable guidance on selecting markets, rating sites, choosing construction professionals, raising capital, understanding financing options, and mastering cash flow management.
More details
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
Professional and scholarly
Dimensions
Height: 250 mm
Width: 150 mm
Thickness: 15 mm
Weight
666 gr
ISBN-13
978-0-470-25993-1 (9780470259931)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Nathan S. Collier is the founder and owner of The Collier Companies, a Florida-based firm that develops, owns, and manages close to 9,000 apartments in thirty-four communities. He has endowed the Nathan S. Collier Master's in Real Estate program at the University of Florida, and is a registered real estate broker, a licensed building contractor, a Certified Public Accountant, and a member of the Florida Bar. Courtland A. Collier, PE, is Associate Professor Emeritus, Civil Engineering, at the University of Florida. Don A. Halperin, FAIG, is Director Emeritus, School of Building Construction, at the University of Florida.
Author
Founder and owner of Paradigm Properties; A member of the Board of Directors of the National Multihousing Council, the National Association of Real Estate Investment Trusts, and the Urban Land Institute
Content
Preface. Foreword. Acknowledgments. I BACKGROUND. 1 Characteristics of Real Estate. 2 Different Types of Business Organizations. 3 Negotiation. II THE DEVELOPEMENT PROCESS START TO FINISH. 4 The Development Process: An Overview. 5 Market Studies, Site Feasibility Analysis, and Selection. 6 Creating the Project Pro Forma. 7 The Appraisal. 8 Sources of Financing, the Loan Application Process, and Term Sheets. 9 The Commitment. 10 Closing the Loan: The Note, Mortgage, Construction Loan Agreement, and Unconditional Guaranty. III EVOLUTION OF THE DEVELOPMENT PROCESS. 11 Joint Ventures. 12 Condominiums and Condominium Conversions. IV CASH FORECASTS AND THE TIME VALUE OF MONEY. 13 How to Forecast Cash Needs During Construction. 14 Basic How-to-Do-It Time Value of Money Calculations. APPENDIX A. APPENDIX B. APPENDIX C. APPENDIX D Interest Tables. APPENDIX E End-of-Chapter Answers to Questions. Index.