Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Garden style home with cheap luxury looking products is the development project. Provide details for part 2 and 6 Overview: RevEquity Group, an Aggie Real
Garden style home with cheap luxury looking products is the development project. Provide details for part 2 and 6
Overview: RevEquity Group, an Aggie Real Estate Investment Company, would like to partner with you in a real estate development project. Please propose a development idea you believe RevEquity would want to invest in. You can select a property type of your choice: Retail Office Multifamily (condominiums or apartments) Industrial Hospitality Single Family Residential Public Use (Hospital, Transportation hub, Public Schools, Universities. Etc...) Deliverables: (Written Proposal, Presentation of the Written Proposal). Written Proposal, Minimum 20 pages Presentation: 15 minutes (Q\&A at the end). Each member must have a speaking part Written: Submit a written market/marketability analysis for your team's specific real estate sector. The written proposal should follow the six-step process outlined on page 15 of the textbook Market Analysis for Real Estate, 2nd Ed. An overview is listed below: Executive Summary Product and Location Description Team Member Brief Biographies 1. Property Productivity Analysis 2. Delineating the Market 3. Demand Analysis 4. Supply Analysis 5. Market Condition Analysis 6. Subject Marketability Analysis Please make a recommendation of: -Product type, Product size (land and building), Location (specific site), Target Markets/users (primary, secondary, tertiary), Rental Rates, Sales Prices (developed and undeveloped), and related items. -Keep in mind "fundamental" versus "capital" markets. Helpful Resources: Textbook (Chs. 13-16 have market analysis examples of different types of properties) CoStar/Loopnet Business Analyst Online Texas Real Estate Center city-data.com census.gov County Appraisal District bls.gov -NAHB Student Competition (Past Winners) NAHB 2020 Competition Team WinnersStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started