Real estate development is a crucial process in the industry that creates value for the property. That’s why as an investor or syndicator, there is a need to have at least an idea of the processes of development. In today’s Highlight’s episode, we look back at our conversations with Edward Orasi, the market director at Keller Williams in Las Vegas, and Scott Choppin, founder of The Urban Pacific Group of Companies.

Edward stresses the importance of surrounding yourself with the right, well-connected and knowledgeable team. He also said that it is necessary to do thorough due diligence before proceeding with the development to ensure its efficiency both with time and money. Meanwhile, Scott shares the criteria a property should meet before they would consider getting involved. He also discusses how developers can best prepare for the downturn. Learn more about the world of development by joining us!