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Lecture 1: Real Estate Process Overview - Dr. James R. DeLisle

Lecture 1: Real Estate Process Overview - Dr. James R. DeLisle

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© JR <strong>DeLisle</strong>, Ph. D.<br />

Interdisciplinary Spectrum: A Life Cycle Approach<br />

$<br />

Operation<br />

Disposition/<br />

Redevelop<br />

Planning<br />

Acquisition<br />

/Production<br />

Feasibility<br />

Marketability<br />

Appraisal<br />

Engineering<br />

Architectural<br />

Environmental<br />

Legal<br />

Cost Estimation<br />

Negotiations<br />

Construction Mgmt.<br />

Quality Controls<br />

Project Mgmt.<br />

Architectural Oversight<br />

Cost Mgmt.<br />

Construction Financing<br />

Inspections<br />

Pre-leasing<br />

Releases<br />

Final Inspection<br />

or<br />

Sourcing if Existing<br />

Portfolio Mgmt.<br />

Asset Mgmt.<br />

Leasing<br />

Tenant Improvements<br />

Tenant Relations<br />

Property Mgmt.<br />

Accounting/Reporting<br />

Engineering<br />

Financial Mgmt.<br />

Time<br />

Hold/Sell Analysis<br />

Marketing<br />

Valuation<br />

Buyer Selection<br />

Broker Management<br />

Negotiations<br />

Closing<br />

<strong>Real</strong> <strong>Estate</strong> <strong>Process</strong>

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