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Course Description

Choosing the best available building site for your project is the first step in getting a commercial real estate project off the ground. In this course, you will develop a systematic, project-based site selection process. Using a set of building sites, you will evaluate each site’s proximity to economic generators, as-of-right zoning, budget, and size fit to quickly and efficiently eliminate sites. You will then analyze the project’s target market to assess each property’s intrinsic and extrinsic qualities to further verify the project fit. Lastly, you will compare, contrast, and rank each site based on project filters. Ultimately, you’ll efficiently and systematically select the optimal site for your project.

You are required to have completed the following courses or have equivalent experience before taking this course:

  • Introduction to Commercial Real Estate Development
  • Managing Real Estate Development Projects

Faculty Author

Brad Wellstead

Benefits to the Learner

  • Evaluate potential sites on whether they fit your project
  • Perform a detailed site analysis to find sites that are feasible for your project
  • Complete a systematic prioritization of the best sites for your project

Target Audience

  • Developers of complex, multi-unit projects
  • Real estate portfolio and asset managers
  • Project managers
  • Underwriters
  • Property attorneys
  • Loan officers
  • Facilities managers of complex, multi-unit properties
  • Property managers of complex, multi-unit properties

Accrediting Associations

Applies Towards the Following Certificates

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Cornell Peter and Stephanie Nolan School of Hotel Administration
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