MIT/ILP Calendar Event
Commercial Real Estate Development
Designed to analyze the real estate development process primarily from the perspective of the equity participant, this course concentrates on the identification and evaluation of critical assumptions related to the creation, construction and operation of economically viable commercial real estate projects. Inherent risk factors, and ways to manage risk, are explored. All phases of the development process are examined ? from idea conception, contract negotiations, and marketability, through asset management. During this intensive three-day course, prominent and expert real estate attorneys will guest lecture and review, in detail, two common contracts utilized in the development process ? a Joint (LLC) Venture Agreement and a Construction Loan Agreement.
The course distinguishes between the markets for real estate space (occupancy) and the market for real estate investment (capital). It goes on to evaluate the impacts of global, macro, and local market forces on both.
Many current issues in real estate are covered in this course. These include the recent and continuing housing ?crisis,? the globalization of real estate capital and its impact on pricing, technology, the changing spatial structure of cities (what this means for location decisions), and the evolution and increasing scale of real estate development.
This course is part of the Real Estate Finance and Development certificate program, offered jointly by MIT Professional Education and the MIT Center for Real Estate.
Learn more about how you can earn a Professional Certificate when you take this and other real estate courses.
MIT is located in Cambridge, Massachusetts. The campus, situated in close proximity to Boston’s Logan International Airport, profits from Boston’s excellent public transportation system and the on-campus Tech Shuttle. The closest subway station is Kendall Square, which acts as a commercial center for MIT and the local community.
FOR FURTHER INFORMATION OR TO REGISTER, CONTACT:
MIT Professional Education - Short Programs
238 Main Street, Suite 401
Cambridge, MA 02139
TEL: 617 253 2101 * FAX: 617 258 8831
ILP members receive a 15% discount on all MIT Professional Education open enrollment programs held in Massachusetts. ILP members receive a 15% discount on all MIT Professional Education courses. To obtain the discount code, click here (you must be signed in to this website as an ILP member to access the code).