Applied Development: Moving Beyond Highest and Best Use - Live

When

Friday, February 5th, 2021
to Friday, February 26th, 2021

Where

ULI Learning Platform
Through discussions of best practices and the analysis of case studies, this course will provide a look into the art and science of real estate development.

Pricing

Pricing Members Non-Members
Private $395.00 $525.00
Public/Academic/Nonprofit $350.00 $525.00
Retired $395.00 N/A
Student $350.00 $525.00
Under Age 35 $395.00 $525.00
 

 

 Many real estate developers, investors, and other landowners rely heavily on the concept of “the highest and best use” to determine what to do with a parcel of land. The reality, however, is that creating a development program – in other words determining the use or mix of uses –is a more complex process that requires a nuanced approach. By balancing the goals of the developer/investor with the specific factors influencing a piece of land, it is possible to create a unique and tailored development strategy. Through discussions of best practices and the analysis of case studies, this course will provide a look into the art and science of real estate development.

Learning Objectives
Upon completion of this course, students will be able to:
  • Understand best practices in creating conceptual development plans
  • Identify key factors for success and unique site features/opportunities
  • Tie qualitative outcomes to sound financial strategy
  • Effectively manage and lead the project team
  • Analyze project alternatives and various scenarios

Prior to taking this course, you should have a basic understanding of real estate development, real estate finance, and pro forma analysis. If you would like to enhance your knowledge in any of these areas, please consider taking Introduction to the Real Estate Development Process, Introduction to Real Estate Finance and Investment, or Introduction to Pro Forma Excel Modeling.