Advanced Development Practices On-demand Course

Advanced Development Practices is a sequel to the Essentials of the Development Process and builds on the concept of a Development Matrix where the seven stages of Real Estate Development are combined with the eight Tasks required in each stage to produce a 56-cell matrix.

This survey course focuses on the eight Tasks in each stage of the real estate development process. Each Task is really a category of tasks that must be completed in order to create value throughout the development process. Each Stage of Development begins with the Acquisition Task and ends with the Disposition Task. In between, the developer must address and complete the following Tasks: Finance, Market Studies and Marketing Strategy, Environmental, Approvals and Permits, Improvements, and Transportation and Accessibility. In reality these Tasks are completed in various orders and usually they are done simultaneously. The order of the Tasks presented in this course is arbitrary, and most tasks interact with each other to some extent and the completion of individual task is dependent on the completion of other Tasks. This course broadly describes the Tasks and the sub-tasks from a developer’s point of view. Students are not expected to be experts in all of these tasks, but they are expected to understand and appreciate what needs to happen for a successful development, i.e. one that creates value in excess of the costs needed to create value.

Learning Objectives

  • Define and explain the eight sets of tasks that are required in each stage of development.
  • Define and explain at least two sub-tasks in each major task set.
  • Understand why each task must be address even if the developer decides to undertake multiple stages of development.

If you would like to purchase an individual course module instead of the full course, visit the individual course page.

Tuition & Register

Payment for a NAIOP on-demand course entitles access for one person only to the course and all materials.

Course Tuition

Member TypeUSDCAD
Member$795$1,040
Nonmember$995$1,300
Developing Leader$595$780
Student Member$95$125
Student Nonmember$145$190


How to Register

  • Register online: Click on the green Register button. You will need to log in or create a free account in order to see the Register button.
  • Fax: Complete the registration form for US  or for Canada  and fax to 703-904-7003
  • Mail: Send check payments to: NAIOP, CL500060, PO Box 5007, Merrifield, VA 22116-5007
  • Register over the phone/questions: 800-666-6780

Confirmation

All registrations processed online receive an automatic order confirmation and receipt. If you register via fax, mail, or phone, a receipt must be requested by contacting education@naiop.org.

Login instructions to access the on-demand course are sent under separate cover . If you do not received the login instructions, please check your spam folder. If the login email is still not there, please contact the NAIOP Education Department.

Cancellation Policy

No refunds will be issued.

Key:

Complete
Failed
Available
Locked
ADPOD Module 1 - Acquisitions
Module 1 - Acquisitions Class Recording
Open to view video.
Open to view video. This session begins with a brief review of the Development Matrix and then focuses on the five sub-tasks in the Acquisition Task category. A review of various acquisitions strategies is presented using two class exercises.
Module 1 - Acquisitions Presentation
Open to download resource.
Open to download resource.
ADPOD Module 2 - Financing
Module 2 Financing Class Recording
Open to view video.
Open to view video. This module addresses the need for accurate financial projections and record keeping as well as the accumulation of debt and equity capital for the real estate development. The special skills address the sources and uses of funds in a development, and estimating construction loans.
Module 2 Financing Presentation
Open to download resource.
Open to download resource.
Module 2 Class Exercise - Loan Tables
Open to download resource.
Open to download resource.
Module 2 Class Exercise - AirPark One - Sources & Uses of Funds
Open to download resource.
Open to download resource.
Module 2 Assignment - Market Absorption Table - Review in Module 3
Open to download resource.
Open to download resource.
ADPOD Module 3 - Market Studies and Strategies
Module 3 Market Studies and Strategies Class Recording
Open to view video.
Open to view video. This session discusses the need for accurate and thoughtful market forecasts and projections and then emphasizes the need for a coherent marketing strategy to capture the market opportunities. The special skills outlines estimation techniques for projected rental rates and absorption.
Module 3 Market Studies and Strategies Presentation
Open to download resource.
Open to download resource.
Module 3 Class Exercise - Market Analysis Tables
Open to download resource.
Open to download resource.
ADPOD Module 4 - Environmental Tasks
Module 4 - Environmental Tasks Class Recording
Open to view video.
Open to view video. This module discusses environmental challenges in terms of environmental studies; sustainability certifications; surface, sub-surface and atmospheric characteristics of the site; and possible historical and cultural restrictions on a site. Evaluating potential environmental concerns is demonstrated through two class exercises.
Module 4 - Environmental Tasks Presentation
Open to download resource.
Open to download resource.
Module 4 Case Study - Greenstaxx Oaktree
Open to download resource.
Open to download resource.
ADPOD Module 5 - Approvals and Permits
Module 5 Approvals and Permits Class Recording
Open to view video.
Open to view video. This module emphasizes the need for developers to obtain permits and approvals that are specific to the stage of development that is being undertaken. The special skills focus on deciphering local approval codes and timelines. Students are also expected to provide examples of approvals and permits they have encountered.
Module 5 Approvals and Permits Presentation
Open to download resource.
Open to download resource.
ADPOD Module 6 - Improvements
Module 6 Improvements Class Recording
Open to view video.
Open to view video. This module emphasizes that all improvements must be planned, designed, engineered, constructed, maintained, and renovated or replaced. Each stage of development requires improvements to be addressed in a different way. The special skills section compares design-bid-build and design/build models, and promotes student discussion with two class exercises.
Module 6 - Improvements Presentation
Open to download resource.
Open to download resource.
ADPOD Module 7 - Transportation and Accessibility
Module 7 Transportation and Accessibility Class Recording
Open to view video.
Open to view video. This module discusses location, location, and location issues in terms of off-site transportation systems and on-site accessibility requirements. The special skills section discusses how a developer gets paid including a simple promotion strategy.
Module 7 Transportation and Accessibility Presentation
Open to download resource.
Open to download resource.
ADPOD Module 8 - Sales and Disposition Tasks
Module 8 Sales and Disposition Tasks Class Recording
Open to view video.
Open to view video. This module discusses the disposition tasks that include the seller’s due diligence, sales contracts, pre- and post-closing conditions, and seller-financing opportunities. Various sales contracts are presented, with a discussion of strategies using two class exercises.
Module 8 Sales and Disposition Tasks Presentation
Open to download resource.
Open to download resource.
End of Course Items
ADPOD Exam - Required for Certificate Candidates
30 Questions  |  5 attempts  |  24/30 points to pass
30 Questions  |  5 attempts  |  24/30 points to pass If you are a NAIOP certificate candidate, the test is required. You must get 24 out of 30 questions correct in order to pass the test. You have five attempts to pass the test.
ADPOD Skipping the Exam Acknowledgement
Agree to terms to continue.
Agree to terms to continue. If you are not planning on taking the test, please click the Read Terms button. Then you will be able to complete the Evaluation and print your transcript.
ADPOD Evaluation
7 Questions
ADPOD Transcript
16.00 PDH, AIA Learning Units credits  |  Certificate available
16.00 PDH, AIA Learning Units credits  |  Certificate available