Foundations of Real Estate DevelopmFinancing

A Guide to Public-Private Partnerships

America’s landscape is undergoing a profound transformation as demand grows for a differkind of American Dream--smaller homes on smaller lots, multifamily options, and walkable neighborhoods. This trend presents a tremendous opportunity to reinvour urban and suburban areas. But in a time of fiscal austerity, how do we finance redevelopmneeds? In*Foundations of Real Estate DevelopmFinance: A Guide for Public-Private Partnerships*, urban scholar Arthur C. Nelson argues that efficiredevelopmdepends on the ability to leverage resources through partnerships. Public-private partnerships are increasingly important in reducing the complexity and lowering the risk of redevelopmprojects. Although planners are an integral part of creating these partnerships, their training does generally not include real-estate financing, which presents challenges and imbalances in public-private partnership.

This is the first primer on financing urban redevelopmwritten for practicing planners and public administrators. In easy-to-understand language, it will inform readers of the natural cycle of urban development, explain how to overcome barriers to efficiredevelopment, what it takes for the private sector to justify its redevelopminvestments, and the role of public and nonprofit sectors to leverage private sector redevelopmwhere the market does not generate sufficirates of return.

This is a must read for practicing planners and planning students, economic developmofficials, public administrators, and others who need to understand how to leverage public and non-profit resources to leverage private funds for redevelopment.