Richard B. Peiser
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“Landowners may contribute their property as equity—always scarce for the beginning developer—but they might also supply debt, via seller financing, at terms unavailable through financial institutions. Even if they do not materially participate, landowners can tie up land while financing and approvals are obtained. In income property, key tenants might also be offered partnerships to induce them to lease space in the project, particularly if the project can be designed around the tenant’s specific needs.”
― Professional Real Estate Development: The ULI Guide to the Business
― Professional Real Estate Development: The ULI Guide to the Business
“A common practice among even very large firms is for the principals to retain the responsibility for making deals, initiating and maintaining strategic relationships, hiring and compensation, the activities most reliant on personal contacts, reputation, and understanding of”
― Professional Real Estate Development: The ULI Guide to the Business
― Professional Real Estate Development: The ULI Guide to the Business
“Successful developers know that accountability is just as important for functions handled by consultants as it is for in-house services.”
― Professional Real Estate Development: The ULI Guide to the Business
― Professional Real Estate Development: The ULI Guide to the Business
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