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Real Estate Development

Real estate development, or property development, is a multifaceted business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. CITISEEK coordinates all of these activities, converting ideas from paper to real property. For us real estate development is different from construction, although we as developers also manage the construction process.

CITISEEK buys land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. We usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. Typically, CITISEEK purchases a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structures, and rent out, manage, and ultimately sell it. Sometimes we will directly undertake part of the process. For example, some developers source a property get the plans and permits approved before on selling the property with the plans and permits to a builder at a premium price. Alternatively, a developer that is also a builder may purchase a property with the plans and permits in place so that they do not have the risk of failing to obtain planning approval and can start construction on the development immediately. We work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, lawyers, leasing agents and more.