Acquiring property is the first step of the real estate development process. In this course, Mark Van Ark, CCIM, will share the knowledge and skills needed to acquire the property with attractive price and terms, add value by successfully completing critical tasks, and sell the improved property to a willing buyer. Participants will develop the foundations of a profitable acquisition strategy.
Upon completion of this course, you will be able to:
- Identify the role of acquisitions in the real estate development process
- Articulate the five sub-tasks of acquisition
- Differentiate among feasibility, underwriting, and due diligence
- Define various acquisition strategies