Please read the case carefully, use your own words to write up a three-page summary. An outline format is recommended.

Suggested questions:

1. What are the important steps in a real estate development?
2. Who are the key players and what are their roles?
3. What are the strategies making this project successful?

Answer  preview

Real estate development is amulet- step process that is often complicated, lengthy, and risky.  From the provided article, it is evident that it takes years to bring a project from the initial planning stage through construction to the final completion, and numerous obstacles can arise along the way. Although there are numerous challenges encountered along the way, the project’s development can yield high investment proceeds to the project owners.   The real estate development follows a series of steps which are outlined below.

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