This session will provide a thorough overview of financing and investing in development. We will discuss the complexities of valuing and assessing development projects and identify the differences between valuing a for-sale versus a for-rent development project. Students will learn how to deal with changes in project risk over time and how to determine the appropriate equity return for a development project. Finally, students will complete two case studies: one evaluating a for-rent development and the other a for-sale development.
Facilitator for this Lesson:
In his 30 year career, David Domres CPM® CCIM has been involved in virtually every aspect of real estate investment, management and development in numerous capacities including Asset and Property Manager for office, medical, corporate, retail, industrial and multi-family properties. Individual property portfolios have totalled more than 30 million square feet of commercial space and 5,000 apartment units. David is a Certified Property Manager®, Certified Commercial Investment Member and a frequent speaker, instructor and author on real estate strategy, investment, management, financial analysis and property performance.
David's extensive career experience includes service to individuals, corporations and full service real estate companies. David is well respected for his innovation, attention to detail, implementation and professionalism with asset, property and facility management, capital project planning and implementation, investment and leasing transactions, strategic planning and forecasting. His passion goes beyond the workplace to support real estate in the community as the past President of numerous professional real estate associations including 2008 NAIOP Wisconsin Chapter President, NAIOP Corporate Board member from 2010 – 2012, 2013 NAIOP National Volunteer of the Year Award and being recognized three times as CPM of the Year by the Milwaukee Chapter of the Institute of Real Estate Management and 2012 IREM Professional Achievement Award.