RED01 - Introduction to Real Estate Development 

Developing real estate is a multi-phase process that requires careful planning, coordination, and execution. This introduction course provides a general overview of the proces and issues to address.  The next seven courses  guide participants through the real estate development process using a hands on approach

RED02 - The Real Estate Pre Development Phase

A. Market Research and Feasibility Study

• Researching Target Market: How to Identify the type of property (residential, commercial, mixed-use, etc.) that suits the area and target buyers or tenants.

• Site Analysis: How to Assessing location, zoning, infrastructure, local economy, and demographics.

• Financial Feasibility: Master methods and tools to estimate construction costs, financing options, potential returns on investment (ROI), and market absorption rates.

B. Land Acquisition

• Identify potential properties for purchase.

• Negotiating purchase price, consider market conditions, and evaluate risks.

• Zoning: How to ensuring land is usable for intended use, when to pursue rezoning.

C. Legal and Regulatory Considerations

• Permits and Zoning: Confirm zoning laws and obtain necessary permits for land use, construction, and development.

• Environmental Impact Assessment: Conducting environmental studies to ensure compliance with regulations.

• Title Search: Ensuring the property title is clear, free of encumbrances, and properly documented.

• Corporate Structuring: Asset and tax protection, setting up operation and holding companies

RED03 - Onsite Application Workshop 1 - Miami, USA (March)

RED04 - RED Planning and Design Phase

A. Conceptual Design

• Hiring architects, engineers, and urban planners to draft an initial concept for the property, aligning with market demand and zoning requirements.

• Creating a master plan, including building designs, landscaping, amenities, and infrastructure.

B. Cost Estimation and Budgeting

• Working with contractors to estimate costs for construction, utilities, permits, and fees.

• Establishing a contingency fund for unforeseen costs.

C. Financing

• Securing Funding: Approach banks, private lenders, or investors for financing, or use internal funds if available.

• Various options such as loans, equity financing, or joint ventures.

• Sensitivity Analysis: Understanding the impact of interest rates, loan terms, and repayment schedules.

RED05 - The Project Development Phase

A. Construction

• Selecting Contractors: Choose reputable general contractors, subcontractors, and suppliers.

• Site Preparation: Clearing the land, prepare the foundation, and install necessary utilities (water, electricity, sewage, etc.).

• Building Construction: Following the approved design, keeping an eye on timelines, cost overruns, and quality control.

• Project Management: How to ensure the project stays on track, meets quality standards, and adheres to the budget.

B. Infrastructure Development

• Developing the infrastructure:  roads, parking, sewage, water supply, and other infrastructural needs that support the project.

• Ensuring compliance with safety regulations, building codes, and environmental standards.

RED06 - Onsite Application Workshop 2 - Bangkok, Thailand (June)

RED07 - RED Marketing and Sales Phase

A. Marketing Strategy

• Developing a marketing plan targeting potential buyers, tenants, or investors.

• How to utilize a mix of advertising channels: digital (website, social media), traditional (brochures, billboards), and local outreach.

• Hiring real estate agents or brokerage to help with sales and leasing efforts.

B. Pre-Sales/Leasing

• For residential properties: Pre-sales options to secure early buyers or tenants.

• For commercial properties: Pre-leases or pre-sell spaces to anchor tenants.

• Incentives to early adopters, such as discounts or special financing terms.

RED08 - Completion and Handover Phase

A. Final Inspections and Approvals

• Conducting inspections with local authorities to ensure all work complies with zoning laws, codes, and regulations.

• Addressing any issues or deficiencies found during inspections.

B. Handover to Owners/Tenants

• Finalizing all paperwork, transfer ownership or leases, and ensure that buyers or tenants are satisfied.

• Final touches: Providing maintenance guidelines, warranties, and necessary documentation.

C. Post-Completion Marketing

• Ways to promote the completed project to fill any remaining vacant units.

• Methods for collecting feedback from buyers or tenants to improve future developments.

RED09 - Onsite Application Workshop 3 - Nice , France (Sept)

RED10 - Post-Development and Property Management Phase

A. Property Management

• How to hire a property management company to handle day-to-day operations, including maintenance, tenant relations, and lease renewals.

• How to Manage rent collection and ensure the property is well-maintained.

B. Continuous Monitoring and Investment

• Tracking the performance of the property to ensure it meets financial projections.

• 2B3R strategies: How and when to refinance, sell, or expand the project as the market and business conditions evolve.

RED11 - Managing Risk, Reducing Dev. Time and increasing Project Quality

1. Risk Management: Learn to monitor risks like market downturns, construction delays, and unexpected costs and put contingency plans in place.

2. Reducing Development Time: The development process can take several months or years, depending on the project scale. Here participants will learn how establish realistic timelines and milestones.

3. Sustainability: Increasingly, sustainable development practices are important. Participants will learn various green building certifications available, and about energy efficiency, and eco-friendly materials.

RED12 - Onsite Application Workshop 4 - Marrakesh, Morocco (December)

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For more information , call +1 819 923-2760 (cell/whatsapp) for a pre-qualification interview or contact office@gpeks.com