Share these talks and lectures with your colleagues
Invite colleaguesWe noted you are experiencing viewing problems
-
Check with your IT department that JWPlatform, JWPlayer and Amazon AWS & CloudFront are not being blocked by your network. The relevant domains are *.jwplatform.com, *.jwpsrv.com, *.jwpcdn.com, jwpltx.com, jwpsrv.a.ssl.fastly.net, *.amazonaws.com and *.cloudfront.net. The relevant ports are 80 and 443.
-
Check the following talk links to see which ones work correctly:
Auto Mode
HTTP Progressive Download Send us your results from the above test links at access@hstalks.com and we will contact you with further advice on troubleshooting your viewing problems. -
No luck yet? More tips for troubleshooting viewing issues
-
Contact HST Support access@hstalks.com
-
Please review our troubleshooting guide for tips and advice on resolving your viewing problems.
-
For additional help, please don't hesitate to contact HST support access@hstalks.com
We hope you have enjoyed this limited-length demo
This is a limited length demo talk; you may
login or
review methods of
obtaining more access.
Printable Handouts
Navigable Slide Index
This material is restricted to subscribers.
Topics Covered
- Role of local public officials
- Role of citizens
- Role of developers
- Role of planners
- Financial analysis of proposed developments
- Policies
- Housing and zoning codes
- Styles of planning
Talk Citation
McDonald, J.F. (2024, August 29). Real estate development and finance [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved October 11, 2024, from https://doi.org/10.69645/CEFV4960.Export Citation (RIS)
Publication History
Other Talks in the Series: Key Concepts: Real Estate Economics
Transcript
Please wait while the transcript is being prepared...
0:00
Welcome again to
Real Estate Finance.
This is the last talk of
the 10-part series on
this subject and the
third and last talk
on Real Estate Finance.
I'm John McDonald,
Emeritus Professor of
Economics, University of
Illinois, Chicago and
Emeritus Professor of
Real Estate from
Roosevelt University.
The talk this time is about
real estate development
and finance.
This last presentation provides
an outline of the
typical process involved
in getting a real estate
development up and
going and the financing that
is used for that purpose.
0:46
The actors in the real
estate development drama,
there are several.
There's the local
elected officials
who will play a role,
the citizens, including
nearby neighbors,
real estate developers,
and the planners that are
employed by the
local government.
1:08
The local public
officials include
the mayor who has an agenda and
then city council members with
their own districts
that may have
their own specific
goals in mind.
As I say here, one
may represent a slum,
another a high-income area,
and so those people would have
very different goals in mind
for their own districts.
1:34
Then there are citizens,
of course, including
the nearby neighbors.
Citizens vote for mayor
and their council members
and so they have their
own interests in mind as
well and that nearby neighbors
especially to the site of the
proposed development, often
worry about something
"new" coming in and may
have a parochial interest
in keeping the
neighborhood as it is.
In other words, "not
in my back yard".