The University of Miami ‘s School of Architecture is offering a one-day introduction course to Urban Commercial Real Estate Development on Nov 16th from 9am-2pm:
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
Managing risk
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
Mortgage brokers
Bankers
Lawyers
Financial advisors and planners
Public officials
Real estate owners
Property managers
Investors
Course Prerequisites
None. This course is designed to be accessible to individuals with little to no experience with urban development.
Learning Objectives
- Identification and understanding of basic skills required for developers
- Recognizing common pitfalls of urban commercial developers
- Discovery and application of solutions to common problems
Instructor
Stephen Nostrand, UM MRED+U Adjunct Professor
Stephen Nostrand is CEO of Colliers International’s South Florida office. Colliers is one of the largest global real estate service companies. Stephen followed in the footsteps of his family and joined the commercial real estate world 40 years ago. His dad spent 60 years with one of the largest commercial real estate companies in the northeast United States and his brother is a real estate developer in the mid-west. Mr. Nostrand has been involved in all aspects of the real estate business including development, leasing, sales, financing and managing. Mr. Nostrand is a professor in the Masters in Real Estate Development + Urbanism program at the University of Miami.
Tuition
| Private Sector | $ 375 |
| Group (3+ from same company) | $ 325 |
| Public Sector/Nonprofit | $ 275 |
| Students and Faculty* | $ 175 |
* Student/faculty must provide copy of ID or class registration.
Required Materials
Optional: Calculator
Registration
Register and save $25 for early bird registration by November 1, 2013.
To pay by check/money order:
Click here to download registration form
To pay by credit card click here.
* If you are paying by credit card, in order to receive early bird and other discounts, you must pay the full fee up front. Email [email protected] to request refund with the proof of group, public sector, student/faculty.
Location
University of Miami School of Architecture
1223 Dickinson Drive, Coral Gables, FL 33146
Rinker Classroom (Click here for a map)
Parking Information