Marsh & Partners published a comprehensive guide to help small businesses and investors better understand and navigate the real estate development process.
"The real estate development process can be brutal - it's risky, time-consuming, and unpredictable," said Marsh. "And experience in development is valuable, so many developers keep information tightly guarded. And that creates a disconnect between those service providers and potential customers."
The comprehensive 65-page guide offers a deep dive look into the process of real estate development and then takes a non-technical, jargon-free, step-by-step approach to walk readers through each phase involved in developing a property from start to finish - applicable for small businesses, investors, and developers alike.
Further, the guide explains different types of real estate development, details different types of construction delivery methods, and offers readers extensive resources to help with their next project - all while taking a radical approach to challenging the industry status quo, through information sharing, collaboration, and a focus on positive outcomes.
"There's an air of mystique that often surrounds the development business and I have yet to find a solid one-stop shop for all things real estate development." Marsh adds. "In building this guide, our goal is to demystify the real estate development process and help connect the dots between customers and stakeholders, and complex development projects."
There are various circumstances where development makes sense, but the process is rarely straightforward. This guide and Marsh & Partners' expertise in this area, offers a roadmap for businesses and investors interested in participating in the many well-recognized benefits of new construction.
The guide is available for free download here.
About Marsh & Partners: It's past time for commercial real estate to change to meet buyer needs and expectations. COVID has changed the market parameters and Marsh & Partners is disrupting the execution. While many firms focus on transactions, Marsh digs deep into the investment and business goals to align not only property and project selection, but structure, ownership and financing to help achieve the goals. Founding partner Matt Marsh was born in NC, and brings the experience and perspective of years as a US Army Infantry Officer and his Wake Forest University Business School education to every client engagement.