Financial

Marketing Terms

What is Absorption? As noted before, our industry tends to have some terms that may seem to be a bit...
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Land Development

Site Planning

Acres - Gross vs. Net? In the process of site planning, financial analysis, and land development, one of the main...
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Entitlements

Entitlement Documents

What Is A Development Agreement? When you are trying to obtain entitlements for a project, you typically will have some...
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Entitlements

Site Planning

Why Is Parking Such A Factor? More and more, particularly with infill projects, the parking requirements from the local jurisdiction...
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Land Acquisition

Land Transactions

How Do Option Contracts Work? In a previous post, we talked about option contracts as they relate to longer escrow...
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Land Acquisition

Land Transactions

Why Are Escrow Periods So Long? In most real estate transactions, escrow opens when the purchase agreement is fully executed...
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Financial

Cost Categories

What Makes Up Finance Costs? In a previous post, we talked about indirect and soft costs related to construction.  One...
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Construction

Cost Categories

What Are Indirects? Keep in mind that terminology can vary from region to region, but one of the more common...
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Engineering

Wet Utilities

Sizing Water and Sewer Laterals? Within new developments, the water and sewer lines are placed in trenches underneath the new...
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Entitlements

City Fees

Why Do Impact Fees Vary So Much? In a previous post, we talked about the various type of city fees...
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Land Acquisition

Making Land Offers

What Is Preliminary Underwriting? We like to think of “underwriting” as the analysis and vetting of a prospective project –...
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Entitlements

Local Jurisdictions

Does City Or County Approve Your Project? One of the first steps in an entitlement project is to make the...
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Construction

The Permit Process

What Are Construction Drawings? In a previous post, we talked about the entitlement process and the approvals by the political...
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Entitlements

The Entitlement Process

Why Does It Take So Long? Entitlements are essentially the government approvals for proposed projects, with these approvals being voted...
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Entitlements

Entitlement Conditions

What Are Affordable Housing Requirements? In more affluent and expensive housing markets, it is often common that a local jurisdiction...
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Engineering

Site Planning

Land Planner vs Civil Engineer? In the creation of grading and site improvement plans, the effort usually requires the services...
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Engineering

Architectural Plans

The Role of Structural Engineers? In last week's post, we talked about the various design phases of architecture.  The final...
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Architecture

Architectural Plans

Phases of Architectural Design? In looking at a scope of work for an architect, you might see the scope refer...
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Land Acquisition

Finding Land Opportunities

The Role of Land Brokers? It seems that the role of a land broker can vary from market to market,...
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Land Acquisition

Letters of Intent

How Do Deposits Work? When making an offer for land, the Letter of Intent contains the price being offered and...
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