Real Estate Development

Real estate development is a complex and iterative process that relies on the skills, efforts, and knowledge, of multiple professional disciplines to be successful (Urban Land Institute). 

The real estate industry follows an eight-stage model in development:

1. Idea Inception
2. Idea Refinement
3. Feasibility
4. Contract Negotiation
5. Formal Commitment
6. Construction
7. Completion and Formal Opening
8. Property, Asset, and Portfolio Management

The Center ensures that students are educated in this process by providing opportunities to hear from and network with real estate industry leaders, technical site tour visits, and internships. 

Useful sources: