Introduction to Urban Commercial Real Estate Development for Non-Developers

Written by & filed in Community.

Feed your head with a little commercial real estate knowledge.  Check out this course:

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 December 19, 2012.

To pay by check/money order:
Click here to download registration form

To pay by credit card please 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
We recommend parking in one of the two adjacent lots (click here for a map). Decals are not required on weekends.
If you choose to park at a meter, please pay as described on the meter. Do not park at an inoperative meter.  A citation may be issued to a vehicle parked at an inoperative meter.

Start-up City: Miami to bring national and local experts together for day-long event

Written by & filed in Community, Urbanism.

From the Miami Herald:

 

Next month,  The Atlantic will launch  Start-up City: Miami, the inaugural event in a new series of day-long programs exploring the emerging models of “urban tech” taking root in cities around the world. The free event, produced in partnership with the Creative Class Group and the John S. and James L. Knight Foundation, will be Feb. 13 at the New World Center in Miami Beach, conference organizers announced Tuesday.

Start-Up City: Miami will explore short- and long-term strategies to attract entrepreneurs and start-ups. “This conference is completely unique. It’s designed to both showcase and deepen Miami’s ongoing urban transformation and learn what it takes to evolve from arts and culture based transformation to technology transformation,” said Richard Florida, an urban studies expert, author and Atlantic senior editor who is spearheading and curating the conference.

The program will bring together leading voices in the urban planning and community building arenas, including Tony Hsieh, Zappos founder and CEO who has been deeply involved in Las Vegas’ start-up ecosystem, Steve Case, chairman of the Start-up America Partnership and founder of AOL; and Brad Feld, a TechStars founder and author of  Start-Up Communities: Building an Entrepreneurial Ecosystem in Your City.

“Part of our strategy is providing compelling convenings for people and strong opportunities to connect and to learn,” said Matt Haggman, the Knight Foundation’s Miami program director. “I’ve been talking to Richard Florida for some time about doing a one-day conference focusing on Miami and all the different things that have come together to make this a really promising moment for the startup community in Miami to really make some big strides. … I think it is going to be a really compelling, interesting, thought provoking day-long conversation.”

Local speakers and panelists include Manny Medina, founder of Terremark and an investor who is developing a major tech conference for South Florida; Adriana Cisneros, vice chairman of the board and director of strategy for the Cisneros Group of Companies; Susan Amat, executive director of The Launch Pad at the University of Miami and founder of Launch Pad Tech; Juan Pablo Cappello, attorney, co-founder of idea.me and investor; former Miami Mayor Manny Diaz; Elizabeth Plater-Zyberk, dean of the School of Architecture at the University of Miami and urban design expert; and about a dozen others.

“Great global cities are more than real estate and arts and  culture, fun and lifestyle. From London and Paris to New York and San Francisco, great global cities are idea capitals,” Florida said. “The conference is one small step in this direction and we hope to build from it over time toward something like the broader ideas conference for entrepreneurs, urban transformers, city-builders, place-makers and all those with a stake in a startup city.”

To register for the conference: http://startupcitymiami.eventbrite.com/#

Program website: http://events.theatlantic.com/start-up-city-miami/2013/

Read more from Richard Florida on The Starting Gate blog.

 

Crescent Heights South Shore Hospital Proposal

Written by & filed in Community, Development Pipeline.

This summary was sent by the  West Avenue Corridor Neighborhood Association. Crescent Heights made this presentation last night.

Crescent Heights Presented Latest Plans to Clean Up Hospital Site

The owners of the property South Shore Hospital, left for an abandoned shell for years, presented plans to redevelop the property.  Almost 75 WAvNA members listened intently at the meeting held at the Miami Beach Golf Course on Alton Road.

The project extending from 5th Street north to 7th Street, if 7th Street cut through from Alton to West Avenue, will cover almost 450K square feet, include almost 60K of retail space and about 450 rental units.  The parking will be underground for about 1,100 parking spaces.

The magic words, aside from saying Crescent Heights was making a serious effort to clean up the lots, were pedestrian friendly, LEED certification, no more than 30% of retail turned over to restaurants, businesses closing no later than midnight and no neighborhood impact establishments.

Traffic circulation is a major issue and not a part of the presentation.  WAvNA will schedule another meeting for this presentation.

You can view pictures on WAvNA’s Facebook page and on its Youtube channel.

Facebook: www.facebook.com/wavna
YouTube: www.youtube.com/user/WAvNAMB

Christine Florez and Gayle Durham, Co-Chairs
West Avenue Corridor Neighborhood Association

Searching for real estate near transit on StreetEasy

Written by & filed in Condo, Single Family, Transit, Urbanism.

Today we launched a pretty nifty search tool over at StreetEasy.  Now you can search for property by distance from any Metrorail, Tri-Rrail or Metromover station. It’s a pretty great feature for those of you that are looking for property and realize the benefits of having mass transit near your residence. We’ll be adding a bunch of great new features on StreetEasy in the next coming months. You can like StreetEasy South Florida on facebook and stay up-to-date with all the newest features we’ll be launching soon.