REALESTATEDEVELOPMENT

Real estate development

Real estate development, or property development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property. Real estate development is different from construction, although many developers also construct. Developer Louis Lesser drew the distinction in a 1963 New York Times article, "Developing is the key word. 'We don't build ourselves', Mr. Lesser stresses. 'We buy the land, finance the deal, and then we have ...

The above text is a snippet from Wikipedia: Real estate development
and as such is available under the Creative Commons Attribution/Share-Alike License.

real estate development

Noun

  1. A group of buildings planned as a whole.
    This real estate development will provide both residential and retail space.
  2. The process or amount of building activity.
    The current residents feel there is too much real estate development.


The above text is a snippet from Wiktionary: real estate development
and as such is available under the Creative Commons Attribution/Share-Alike License.

Need help with a clue?
Try your search in the crossword dictionary!