Real Estate Development Fundamentals

This two day course is focused on planning and implementing real estate development projects and what it means to be a real estate developer. In this class, students will gain an understanding of the process of real estate development, including:
Design and construction; how to mass a building on a site based on zoning and dimensional restrictions
How developers engage with the public sector and the surrounding community to obtain approval for a development and necessary tradeoffs in that process
The legal aspects of development
The ways that development is a catalyst for neighborhood improvement and local economic growth
How projects are financed
Trends in sustainable development
Other important elements that contribute to completing successful real estate projects.
The primary student outcomes are an improved ability to understand the diverse risks that need to be managed in development, the roles and responsibilities of the development team, and techniques to control land and build a successful project.

Instructor

Ed Chazen
Senior Lecturer, Boston College, Carroll School of Management