Commercial Real Estate Development

Hiring a real estate developer is highly beneficial to maximizing the return on your investment, especially since commercial construction projects involve hundreds of decisions every day. Real estate developers will shoulder the majority of the load by walking you through the development process. Whether it is navigating budgetary needs, acquiring permits and licenses, contracting vendors, or other day-to-day duties, real estate developers will be right by your side. You can also count on a real estate developer to advise you on land acquisition decisions if you are still in the purchasing phase. Developers will also help you mitigate costs by focusing on project design and managing construction. You can begin your search for a real estate development team by contacting the Boyer Company’s experienced developers. Our commercial real estate development services will help you get your project headed in the right direction. Learn more by calling us today.

Real estate developer requirements don’t include certification. However, commercial developers or self-employed developers can explore various licenses that may boost their qualifications. For example, the Realtors Land Institute’s Accredited Land Consultant (ALC) credential is a license offered within real estate development. Land developers can qualify by submitting several documentation pieces, including an active real estate license, institute membership for at least six months, and a minimum of three years of real estate experience in areas like real estate sales, brokerage, or development. Additionally, applicants must complete courses through Land University and pass an exam. Property developers must keep their membership active for it to remain valid. If you want to learn about property developers’ specific requirements in your area, contact the Boyer Company.

Many real estate development projects require financing from outside investors. If needed, a professional real estate developer can offset the stress of financing and help secure funding. A real estate developer should have many long-standing banking relationships and offer a vast real estate portfolio showing financial strength. The hired development firm should have an outstanding reputation and no history of defaulting on a project or lending obligation. Another role of a real estate developer is to offer their internal cash for project delivery costs incurred during the initial stages of project development, including design fees, site due diligence expenses, and project mobilization costs. The ability to invest additional equity as needed to facilitate financing terms is a plus. Banks should be familiar with the developer’s operations, development capability, and financial capacity. Once you receive funding, you will need to manage your project’s costs and expenses. You can also work with your real estate developer to create a plan that optimizes your budgetary needs. While the entire property development process, including financing, seems complex, having an experienced real estate developer can help you navigate the challenges ahead of you. Contact Boyer to learn more about our real estate services.

Real estate development is the handling of development and construction of land or property. These development projects involve acquiring property, designing construction plans, managing day-to-day activities, and navigating costs. Real estate companies provide services depending on the project needs, whether its contracting vendors, acquiring licensing, and permits, creating space design, securing financing, managing buildouts, securing leases etc… Property owners and investors may handle real estate development on their own. However, it is challenging and can quickly become time-consuming and expensive if you don’t have professional experience in the field. The real estate developers at Boyer can help you manage development by guiding you through the life of the project, including the acquisition, design, and construction phases. If you are interested in working with our qualified real estate developers in Utah, contact the Boyer Company today.

Real estate development involves making tangible improvements to a property that provides monetary value. The real estate development process ranges from land speculation and acquisition to new construction and tenant improvements. It is the developmental process by which land and property are visualized, designed, constructed, occupied, and sold. A real estate developer will provide management services that bring the entire development process together, whether it is hiring an architect or other vendor, establishing necessary licensing, and handling other day-to-day activities. Real estate development also involves navigating financial needs by focusing on project design and managing construction activities. You can begin your search for a real estate development team by contacting the Boyer Company in Utah. Our commercial real estate developers offer services that will maximize the potential of your project.