When taking on the task of development whether it be residential neighborhood, multifamily, or commercial your broker needs to know the ins and outs to help you maximize your profits.
There are vast differences between commercial and residential development, but the process getting started may seem similar!
Due diligence is your best friend when it comes to assessing a property for development. Before you start planning and developing a project, use this checklist to ensure you know what you are getting into.