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Phases of Commercial Real Estate Development

Construction Marketing

After acquiring the property, the developer must design and plan the project, considering factors such as building codes and zoning regulations, the intended use of the property, and the target market. Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount.

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Gen Z May Surpass Millennials in the Homeownership Race—Here’s Why

Pro Builder

While a survey by Gen Z Planet Research reveals that just 63% of Millennials plan to become homeowners in the future, 87% of Gen Z expressed a desire to own a home, and 68% consider homeownership as a way to build personal wealth, according to National Mortgage News. The next generation has the opposite view.

Debt 59
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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. A Grow NJ award worth up to $24.3 million over 10 years was approved for IDT Corp.

Zoning 47
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John Green’s Plan to Eliminate Predatory Lending Practices

Pro Builder

Blackstar Stability’s revolutionary approach to refinancing and restructuring distressed debt products earned the company a 2022 Ivory Prize for innovation in finance, but Green says the work has only just begun. During that process, we transfer equity to those families and we’re also able to reduce monthly mortgage payments.

Plans 52
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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

These bonds finance job creation and business growth for Oregon traded-sector, value-added manufacturers and processors by providing long-term debt financing for land, buildings and other fixed assets at a rate below prime. Qualifying businesses may receive a credit against the business’ annual state income or corporate excise tax liability.

Oregon 40
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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. -. Breakeven - Is fairly easy to calculate because there is a direct relationship between income and expenses on every item. They form the foundation of a Business Process Improvement Plan and Construction Business Strategy.