ABSTRACT
The Real Estate Development Matrix combines the seven stages of the Real Estate Development Process with the eight tasks that must be completed during each stage. The stages include land banking stage, land packaging stage, land development stage, building development stage, building operations stage, building renovation stage, and property redevelopment stage. Real estate has several unique characteristics which affect its physical development, as well as the economic markets in which it is traded. Ownership of the tangible real estate is defined as a "bundle of rights," which are intangible rights or assets. Sustainability and green building technologies are no longer a choice, but they are now the market standard in real estate development. These are not articles of faith, but rather they provide us with the language that we use to discuss and convey the impact of the development process. In today's world, no one brags about developing a new "brown" building.
