CITATION

McMahan, John. Professional Property Development. McGraw-Hill, 2007.

Professional Property Development

Authors:

Published:  July 2007

eISBN: 9780071510691 0071510699 | ISBN: 9780071485982
  • Contents
  • Acknowledgments
  • Chapter Reviewers
  • Introduction
  • Part I: Historical Perspective
  • Chapter 1 The Inalienable Right
  • Land for all
  • Growth of urban areas
  • Dominance of suburbia
  • Search for alternatives
  • Changing leisure patterns
  • Chapter 2 The Changing Ground Rules for Property Ownership
  • The evolution of planning and zoning in America
  • The environmental movement
  • Chapter 3 The Restructuring of the Industry
  • Responding to consumers
  • Broadening the financial base
  • Part II: The Economics of Real Estate
  • Chapter 4 The Economics of Real Estate at the Global Level
  • Major forces underlying globalization of real estate investment
  • Regional and country characteristics
  • Comparing potential investment markets
  • Chapter 5 The Economics of Real Estate at the National Level
  • National demand patterns
  • National supply patterns
  • Real estate and the business cycle
  • Chapter 6 The Economics of Real Estate at the Local Level
  • Local demand patterns
  • Local supply factors
  • Theories of land use development patterns
  • Chapter 7 The Economics of the Individual Parcel
  • The concept of highest and best use
  • The importance of location
  • The real estate market
  • Purchase transactions
  • Part III: Analyzing Market Demand
  • Chapter 8 Residential
  • Ownership housing
  • Rental housing
  • Planned unit developments
  • Chapter 9 Retail
  • Goods and services
  • Potential demand
  • Venues
  • Tenants
  • Location
  • Analyzing market demand
  • Chapter 10 Office
  • The changing American workplace
  • Office activity nodes
  • Influence of tenancy on market analysis
  • Analyzing market demand
  • Chapter 11 Industrial
  • Theories of industrial location
  • Major changes in product distribution
  • Site selection process
  • Analyzing market demand
  • Chapter 12 Transient Commercial
  • Differentiating characteristics
  • Types of facilities
  • Sources of lodging demand
  • Analyzing market demand
  • Chapter 13 Multiuse Projects
  • The case for multiuse development
  • Characteristics of multiuse developments
  • Analyzing market demand
  • Market synergy
  • Market analysis for new towns
  • Part IV: Financing the Project
  • Chapter 14 Mortgage Financing
  • Rationale supporting real estate debt
  • Legal instruments
  • Primary mortgage market (origination)
  • Secondary mortgage market
  • Mortgage lending process
  • Financing characteristics for different types of properties
  • Chapter 15 Equity Investment
  • Real estate risk and return
  • Vehicles for equity investment
  • Chapter 16 Measuring Real Estate Returns
  • Simple return analysis
  • Discounted cash flow analysis
  • Part V: Building and Operating the Project
  • Chapter 17 Planning and Designing
  • Planning and design process
  • Planning and design aspects of various types of projects
  • Chapter 18 Construction
  • Types of construction
  • Contract construction
  • Dealing with potential problems
  • Scheduling and monitoring progress
  • Chapter 19 Marketing
  • Internal brokerage team
  • Independent brokerage firm
  • Listing agreements
  • Commissions
  • Project promotion
  • Closing the deal
  • Monitoring progress
  • Chapter 20 Property Management
  • Importance of good property management
  • Tenant relations
  • Leases
  • Rental income
  • Operating expenses
  • Capital improvements
  • Construction management
  • Security-related improvements
  • Disaster planning
  • Appendix: The Appraisal Process
  • Definition of appraisal
  • Definition of market value
  • The traditional approach
  • Problems with the traditional approach
  • Future directions
  • Glossary
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • Y
  • Z
  • Index