This module goes over the seven stages and eight tasks of the Real Estate Development Matrix, then focuses on the first task, Acquisition. It covers the subtasks of acquisition including feasibility studies, underwriting, contract negotiations, due diligence reviews and closing conditions and outlines various acquisition strategies.

This module goes over the fifth task in the matrix, Approvals and Permits. It outlines the process of seeking approvals and permits from various authorities, describes the complexities of working with the multiple authorities and agencies that grant approvals and permits, recommends communication and negotiation strategies, and provides best practices for addressing common challenges.

This module reviews key real estate finance concepts and introduces capital markets and property valuation using direct capitalization and the discounted cash flow approach.

This module goes over the fourth stage of the development process in which building developers buy a building-ready property from land developers, construct a building, and then sell it to building operators or continue to the building operations stage themselves.

This module outlines the fifth stage of the development process in which building operators create value by converting an empty constructed building to a portfolio of leases with satisfied tenants and accurate record keeping.

This module goes over the sixth stage of the development process in which building renovators buy properties which have substantial economic and/or physical depreciation and create value by fixing these deficiencies without changing the use, then repositioning and operating the properties until they are ready for redevelopment.

This module focuses on debt financing for commercial real estate projects. It reviews common types of commercial loans and their sources and explains the components of a loan submission package.

This module examines the relationship between the two primary valuation methods, the discounted cash flow approach and direct capitalization, with a particular focus on the relationship between discount rates and cap rates. It also discusses the key economic drivers of cap rates, discount rates and property values.

The module covers several key basic finance skills for developers including determining property value, estimating building and renovation costs, and assessing land value.

The module goes over the process of estimating property value using the discounted cash flow approach and explains the concepts of net present value and internal rate of return. It also outlines the ways that developers get paid, such as fees, equity returns and carried interest.