Nevada Commercial Real Estate Development

A real estate developer often increases your return on investment — especially with commercial projects. Office, retail, medical, or industrial construction requires constant decision-making and oversight. With a development partner like Boyer, you don’t have to shoulder the majority of the work; they will guide you through the development process and handle much of the day-to-day decisions. With experience budgeting, getting permits and licenses, hiring vendors, as well as other duties, skilled real estate developers are well-known to save you both time and money.

A development firm can also consult with you on land acquisition before you begin construction. Begin your search for a real estate development team by contacting the Boyer Company’s experienced commercial developers in Nevada, Utah, Idaho, and other areas of the Intermountain West. Our commercial real estate development services in Nevada will help you get your project in Las Vegas or Reno headed in the right direction.

It is not required that real estate development companies in Nevada obtain certification or licenses. However, highly-skilled commercial developers often choose to earn licenses that enhance their qualifications and ultimately benefit their clients. 

For example, the Realtors Land Institute’s Accredited Land Consultant (ALC) credential is a license for land developers. To qualify, they must submit several documentation pieces, including:

• An active real estate license
• Institute membership for at least six months
• Proof of a minimum of three years of real estate experience in areas like real estate sales, brokerage, or development.

Additionally, applicants must complete courses and pass a test through Land University. Property developers must keep their membership active for it to remain valid. If you want to learn about property developers’ specific requirements in Nevada, contact the Boyer Company.

Commonly, real estate development projects need financing from outside investors. When this happens, a professional commercial developer can reduce the stress of finding this outside funding. If funding expertise is high on your list, select a company with long-standing relationships with financial institutions and a large real estate portfolio that proves its financial integrity. Additionally, the commercial real estate developer should boast an excellent reputation and have no history of defaulting on a project or loan. 

Real estate developers may also be responsible for offsetting early project costs from the initial stages of development. This could mean covering design feeds, site due diligence expenses, and project mobilization costs. Some commercial developers may even invest equity as needed to support financing terms. After funding is secured, you can manage your project’s costs and expenses yourself or work with your real estate developer to optimize your budget. The entire property development process, primarily financing, is difficult to manage alone. However, experienced real estate developers, like those at Boyer, can guide you through it.

Real estate development, or property development as it is often called, is activity that involves the acquisition, management, improvement, construction, and sale or lease of property. 

A real estate developer will provide management services that bring the entire development process together. From hiring an architect and other vendors and establishing necessary licensing, to managing other day-to-day activities, and leasing, real estate developers offer services that will maximize the potential of your project.

Real estate development includes many moving parts — each of which may change from project to project. Generally, the process encompasses buying property, designing construction or renovation plans, overseeing day-to-day activities, and managing costs. Real estate developers assist at every phase of this process, whether it’s contracting vendors, acquiring licensing, and permits, creating space design, finding financing, managing buildouts, or securing leases. While it’s possible for property owners and investors to manage real estate development projects on their own, it is a challenging, time-consuming process that can quickly drain funding without the right oversight in place.

Boyer, one of the most experienced  Nevada real estate companies, can help you manage development throughout the entire project, from acquisition, design, and construction. If you are interested in working with our qualified commercial developers in Nevada, contact us today.