Real estate development refers to the process of improving land or building structures on it for the purpose of using it for commercial or residential purposes. This can include buying land, obtaining financing, designing and planning, obtaining necessary permits and approvals, and overseeing the construction of buildings or other improvements. Real estate developers may also be involved in the leasing or selling of the finished properties. Real estate development services typically involve a wide range of activities that are necessary for the successful completion of a real estate project. These services may include: • Site selection and acquisition: Finding the right location for a project and negotiating the purchase or lease of the land. • Financing: Obtaining funding for the project through a variety of sources, such as banks, private investors, or government grants. • Design and planning: Working with architects, engineers, and other professionals to design the project and create detailed plans and blueprints. • Permitting and approvals: Navigating the complex process of obtaining all necessary permits and approvals from local government agencies. • Construction management: Overseeing the construction of the project, including coordinating the work of contractors and ensuring that the project is completed on schedule and within budget. • Leasing and marketing: Helping to find tenants or buyers for the completed properties and negotiating leases or sales contracts. • Property management: Managing the day-to-day operations of the completed properties, including collecting rent or other income, maintaining the properties, and addressing any issues that may arise. Overall, real estate development services are aimed at turning land into profitable and desirable properties, making it a great investment. AKBI Development offers expertise and experience in developing residential and commercial projects. We are experienced with laws and regulations of various states and have successfully completed projects in Illinois, Florida, New Jersey, North Dakota, Minnesota, Connecticut and can assist you in any manner and on any size projects.