Overview
Completely revised and updated, the fifth edition of this bestselling textbook covers each stage of the real estate development process, explaining the basics of idea conception, feasibility, planning, financing, market analysis, contract negotiation, construction, marketing, and asset management. This new edition has been revised to include new topics such as sustainability, green building, and how development financing has changed since the Great Recession. It includes all-new examples, case studies, and photographs. The text is intended for university students in schools of business, planning, architecture, engineering, and law. It is also a useful beginning point for those shifting careers, either into development or between roles in development.
Author Biography
Mike E. Miles is a portfolio manager for Guggenheim Real Estate, manager of nearly three billion in assets. He is a former professor of real estate and the dean of the business school at University of North Carolina–Chapel Hill. He lives in Chapel Hill, North Carolina. Laurence M. Netherton is a 40 year veteran of real estate investment and development. He is a former professor of land planning at the University of California–Irvine. He lives in Newport Beach, California. Adrienne Schmitz is the senior director of publications at the Urban Land Institute. She is the author and editor of several books and articles on real estate and urban planning topics, including The New Shape of Suburbia and The Residential Development Handbook. She lives in Washington, DC.