Author: Stan Longhofer
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Investment and Portfolio Management
Many real estate graduates work for themselves as private real estate investors, or as analysts for larger corporations or syndicates. Key to success in property investment is a solid understanding the structure of real estate markets, knowledge about how to analyze the cash flows generated by income properties, and insight into the proper role of real estate within…
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Facilities Management
Facility management is a profession that encompasses multiple disciplines to ensure functionality, comfort, safety and efficiency of the built environment by integrating people, place, process and technology. From apartment complexes to office building to manufacturing facilities to complex mixed use campuses, facilities managers help ensure the real estate works to meet the needs of the…
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Development
Development involves the subdivision of land and the construction of improvements such as roads, utilities and buildings to transform vacant or underutilized property for a new, more valuable use. Developers may specialize in land or building development, and may further specialize in the development of a particular type of property. Real estate development is an exciting career that…
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Corporate Real Estate Management
For most businesses, real estate often makes up a large fraction of the company’s total assets, even if its primary business is not related to real estate. In addition, all businesses make real estate decisions on a regular basis: where to locate manufacturing plants, corporate offices, warehouses, retail operations, etc.; whether to buy or lease space; is it…
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Commercial and Residential Brokerage
Brokerage is probably the most familiar—and most prevalent—career in the real estate industry. Real estate brokers act as intermediaries, helping buyers and sellers or owners and renters of real estate find one another, and facilitating the transaction once a “match” has been made. Because of the unique characteristics of different real estate markets, most brokers tend to specialize in…
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Appraisal
Nearly every user of real estate—buyers and sellers, mortgage lenders, investors, tax assessors, insurance adjusters, government officials—requires an unbiased estimate of a property’s true market value. As such, appraisers play an important role in real estate transactions, appraising properties as diverse as single-family homes, undeveloped farmland, retail strip malls, and high-rise office buildings. Real estate…