One of the risks of project development is “project risks,” which

One of the risks of project development is “project risks,” which are the result of unexpected changes in general market conditions affecting the supply and demand for space
True or False

Permanent financing commitments usually allow the lender to approve major leases.
True or False


Which of the following is the usual progression for a real estate development project?

(A)   Land acquisition, completion, management, sale, construction
(B)   Land acquisition, construction, completion, management, sale
(C)   Land acquisition, construction, completion, sale, management
(D)   Land acquisition, management, construction, completion, sale