CFM 426
Real Estate Development
Civil and Construction Engineering
Ira A. Fulton College of Engineering
Course Description
The iterative processes of real estate development, including market analysis, coordination with local governments, designing development concepts, estimating and financial forecasting, identifying and engaging stakeholders, sequencing the timing of development activities to create project schedules, considering sales/marketing within the process, and communicating development plans and proposals (written and oral) to various audiences.
When Taught
Fall and Winter
Grade Rule
Grade Rule 8: A, B, C, D, E, I (Standard grade rule)
Min
3
Fixed
3
Fixed
4
Fixed
0
Title
Market Analysis
Learning Outcome
Conduct market studies, needs assessments, and demographic analysis in real estate development planning.
Title
Public Governance in Development
Learning Outcome
Understand public processes and analyze municipal planning and zoning ordinances, procedures, and other regulations.
Title
General Arrangement Design
Learning Outcome
Create a project general arrangement plan that addresses site constraints (topography, open water, climate exposures, etc.), infrastructure, traffic flows, adjacent buildings and services (urban planning), zoning ordinance requirements.
Title
Estimating
Learning Outcome
Analyze development activities and estimate associated soft and hard costs.
Title
Financial Forecasting
Learning Outcome
Apply basic principles of TVM to evaluate financial performance of developments and create basic project financial pro formas.
Title
Financial Planning
Learning Outcome
Understand how development projects are financed, and create a project finance plan.
Title
Stakeholders Engagement and Management
Learning Outcome
Analyze stakeholder interests and impacts in development, and create engagement and management plans.
Title
Scheduling
Learning Outcome
Organize the sequence of development activities and create a project schedule.
Title
Communication
Learning Outcome
Communicate complex ideas and proposals clearly and persuasively to both specialized and non-specialized audiences, utilizing various mediums such as written reports, oral presentations, and visual aids.
