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Foundations of Real Estate Development Financing - A Guide to Public-Private Partnerships (Paperback, 2nd None ed.)
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Foundations of Real Estate Development Financing - A Guide to Public-Private Partnerships (Paperback, 2nd None ed.)
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American's landscape is undergoing a profound transformation as
demand grows for a different kind of American Dream - smaller homes
on smaller lots, multifamily options, and walkable neighbourhoods.
This trend presents a tremendous opportunity to reinvent our urban
and suburban areas. But in a time of fiscal austerity, how do we
finance redevelopment needs? In Foundations of Real Estate
Development Finance: A Guide for Public-Private Partnerships, urban
scholar Arthur C. Nelson argues that efficient redevelopment
depends on the ability to leverage resources through partnerships.
Public-private partnerships are increasingly important in reducing
the complexity and lowering the risk of redevelopment projects.
Although planners are in integral part of creating these
partnerships, their training does generally not include real-estate
financing, which presents challenges and imbalances in
public-private partnership. This is the first primer on financing
urban redevelopment written for practicing planners and public
administrators. In easy-to-understand language, it will inform
readers of the natural cycle of urban development, explain how to
overcome barriers to efficient redevelopment, what it takes for the
private sector to justify its redevelopment investments, and the
role of public and non-profit sectors to leverage private sector
redevelopment where the market does not generate sufficient rates
of return. This is a must read for practicing planners and planning
students, economic development officials, public administrators,
and others who need to understand how to leverage public and
non-profit resources to leverage private funds for redevelopment.
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