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Showing posts from May, 2023

Green Real Estate: The Rise of Sustainable and Eco-Friendly Buildings

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  Introduction The world we live in is changing, and it's important that our buildings change with it. Buildings are responsible for an estimated 40% of all global energy consumption, according to the U.S. Environmental Protection Agency (EPA). In the United States alone, more than 70% of total energy use comes from buildings. That's why green building has become such a hot topic among architects and developers: It offers solutions to some of the problems facing today's real estate industry—and it can help your business save money too! Green building is becoming increasingly popular among home buyers as well as businesses looking to relocate or build new offices. In fact, many states have even passed legislation requiring commercial buildings over a certain size be certified under one or more sustainable design standards by 2020. What is Green Real Estate? Green real estate is a green building that aims to reduce its impact on the environment. Green real estate is als...

Real Estate Development: From Concept to Completion

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  Introduction Real estate development is the process of converting raw land into finished properties. It's a complex process that requires careful thought, planning, and execution. In this article, we'll look at what developers do, why they do it, how they pay for it, and more. What and how much does a builder or developer pay for land? If you're a builder or developer, the cost of land is a major component of the overall cost of construction. Land is a finite resource and its price often reflects how much people are willing to pay for it. You can purchase land from private sellers or from government agencies (such as state and local governments). What are the three basic types of real estate development? ·         Residential development: Residential real estate includes single-family homes, townhouses and condominiums. It also includes multi-unit apartment buildings that can range from three stories to more than 20 stories tall. · ...