Real Estate Development: Land Banking
The Course Will Teach You to
Land Banking is the first stage of the seven stage real estate development matrix. It is considered a passive investment position, but is an important aspect of the overall process.
Property is acquired as underutilized, undeveloped or raw land and held until market or general conditions present an opportunity for value creation. Planned public infrastructure improvements and zoning changes can impact market trends that result in added value. Land Bankers need patient money, but the goal is for the spread between the eventual sales price and acquisition price plus holding costs will deliver acceptable financial returns. Once these goals are achieved and market conditions are right, the property moves to Land Packaging, the second stage in the development process. This session will explore how property can be acquired, financed and positioned to achieve the highest and best potential use for future development.
This course may require the use of a laptop or desktop computer with full Excel capabilities. Mobile devices, like iPads, tablets, and cellphones, will not run The CCIM Institute's macro-enabled spreadsheets.
PC: Microsoft Office 2000 or higher is necessary to run The CCIM Institute macro-enabled spreadsheets.
Mac: Mac versions of Microsoft Office 2004, 2011, 2016, or 365 are required to run The CCIM Institute macro-enabled spreadsheets.
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