What is Commercial Real Estate Development?
Real estate development is a complex process that requires the expertise of people and companies in many different fields. Without a reliable and experienced team, a commercial real estate developer can run afoul of political, economic, or environmental laws and regulations. For this reason, it is absolutely critical for a commercial real estate development company to have developed excellent relationships and friendships with professionals in a variety of industries. The larger the commercial real estate developer, the more complex the process can become, but even the smallest commercial real estate developers have to deal with many competing concerns. Commercial real estate developers run the gamut from small companies with only a few staff who contract out the majority of the rest of the work, to giant conglo (more…)