Real estate developers orchestrate the talents of many team members and balance the interests of a variety of constituents. As a creator of the urban landscape, the developer must navigate the challenging waters of complex public policy, private needs and desires and the constant risks and responsibilities associated with building a superior environment.
This intensive introduction to real estate development will communicate the basic skills necessary to be a successful developer and examine the required capabilities. You will be asked to participate in discussions and share your ideas on the challenges of real estate development. This is an interactive seminar with your comments, questions and ideas as an essential ingredient. This seminar offers the keys to the core issues facing real estate developers today such as:
What type of developer do you want to be?
How developers make money
Assessing the real value of land
Understanding land use, zoning and other public policies
The keys to successful development
How to conduct a preliminary financial feasibility
Important financial terms and ratios
Key aspects of developing each property type
The integrated stages of development
The different types of leases
How to borrow money
Details of joint venture structures
Purchasing notes and distressed properties
Who should attend?
Real estate brokers and associates
Financial advisors and planners
Real estate owners
None. This course is designed to be accessible to individuals with little to no experience with urban development.
Stephen Nostrand, UM MRED+U Adjunct Professor
Mr. Nostrand is the CEO/COO of NAI Miami. As the third generation in his family to specialize in commercial real estate, Stephen has a diverse background in not only executive leadership, but CRE service lines including investments sales and leasing brokerage, development, debt and equity capital markets, project management, strategic planning, asset and property management, receiverships, training and education. Prior to joining NAI Miami, he was CEO of the Colliers International South Florida office. Mr. Nostrand is a professor in the Master of Real Estate Development + Urbanism program at the University of Miami.
|Private Sector||$ 375|
|Group (3+ from same company)||$ 325|
|Public Sector/Nonprofit||$ 275|
|Alumni and Faculty*||$ 175|
|UM Students||$ 100|
* Student/faculty must provide copy of ID or class registration.
University of Miami School of Architecture
1223 Dickinson Drive, Coral Gables, FL 33146
Classroom 48 - 3rd Floor (Click here for a map)
We recommend parking in one of the two adjacent lots (click here for a map). Decals are not required on weekends.
If you choose to park at a meter, please pay as described on the meter. Do not park at an inoperative meter. A citation may be issued to a vehicle parked at an inoperative meter.
Refund requests must be made in writing seven days prior to the start of the course, and will be charged a $50 processing fee. Refund requests will not be accepted seven days prior to the course. You may send a replacement, transfer requests must be made in writing.