Selected by REONOMY BLOG as the best book for Real Estate Developers. How does a land owner, real estate professional, entrepreneur or developer build and own a hotel, retail center, apartment complex or office building? How does someone convert an idea or vision into a successful real estate development? This book explores not only the how but the, who, what, where and why principles of developing commercial real estate. It guides the reader through a simple step by step process. It leads the developer to ask and answer all the important questions needed to be asked and answered to purchase the land and get a new CRE development project financed, built, leased, managed and open for business.
The Skinny: Useful and fairly quick read on the world of real estate development.
The Good: Real solid book that covers a lot of ground on development. Excellent balance between being overly simple and too detailed. The author is clearly experienced and does a great job describing things succinctly.
The Bad: More real life examples and case studies to go along with the text is what the book definitely needs. Not sure if it was just the Kindle version but there were a ton of typos and other errors like that as well.
This book is really a 2/3 star in the embarrassingly obvious typos, the utterly worthless images and graphics, and the zig-zag structure.
BUT, there are plenty of gems and it is generally good reference information. This type of detail and guidance is so rare that it is appreciated and valuable despite the drawbacks mentioned.
Very good book The author walks the reader from getting investors, to debt financing, to dealing with architects, engineers and everything in between to get a commercial property developed Some math, but not a lot in this book I recommend this book to anyone wanting to get the entire contextual framework around developing a commercial building
To call it complete might be an overstatement, it it absolutely is a broad look at the elements of commercial real estate development, including financing, the GC, planning, equity raise and more. It’s a good spot to start your learning process.