Real estate development case competition for students from the top undergraduate real estate programs. The Challenge will gather 16 teams comprised of the next generation of real estate leaders together with judges and sponsors representing leading real estate firms. The case will be a development project which incorporates all aspects of development from financing to design. Each participating team will be comprised of four undergraduate real estate students and a faculty or staff advisor.
Real Estate Competition - Campus Finalist Oscar Haman
Based on the 4th annual Cornell International Real Estate Competition.
A potential recommendation for a buy or pass of mezzanine debts
Completing this case involved:
- Using the lien on a mezzanine debt in order to take equity interest of the owner's properties
- Computing an amortisation schedule in order to determine the financial capabilities of the owner
- Analysing the post GFC conditions of the U.S economy and real estate market
- Conducting a DCF to determine exit selling price of the properties
- Providing relevant renovations to the properties in order to main standard of Class A classification
The evolution of the workspace concept and environment was connected with the evolution of the human society and economy models through the history.
Today our society is based on knowledge and the workspace concept needs to evolve accordingly.
McDonalds is a global leader in the fast food industry with over 68 million customers globally. It has seen impressive financial growth since starting as a small barbecue restaurant in the 1940s. Today it has annual revenues of over $27 billion. McDonalds focuses on uniform menus customized to local preferences and has a vision of being customers' favorite place to eat. It uses forecasting and budgeting techniques to adapt to changing market conditions and customer demands. McDonalds also implements management accounting systems like ERP and activity-based costing to monitor performance and control costs across its global operations.
- Emaar Properties PJSC is the largest real estate developer in the United Arab Emirates, established in 1997 with capital of AED 1 billion.
- Its main activities include property investment and development, property management services, and investing in sectors like education, healthcare, retail and hospitality.
- In 2013, its revenue came primarily from real estate (55.65%), leasing and related activities (30.36%), and hospitality (13.99%). The majority (89%) of its revenue was from domestic markets in the UAE.
The purpose of this paper is to outline the events that happened in that era such that we can find Leader’s impact, significant events, innovations. These findings will help us better understanding the era from 1371 AD to 1720 AD.
This site development plan shows a vegetable garden and a fruit garden separated by a road. The plan labels two areas as gardens on either side of a centrally located road.
The document provides an overview of McDonald's business including their vision, mission, values, strengths, weaknesses, opportunities, threats, product life cycle, competitive dimensions, product range, plant layout, service process design, inventory, and transformation process. McDonald's aspires to end hunger globally by providing low-cost, high-quality food. Their strengths include largest market share and ability to adapt menus to local tastes, while weaknesses are negative publicity around unhealthy food and low-paying jobs.
2018 Villanova Real Estate Challenge (2nd Place) - University of Southern Cal...LuisGonzalez1382
A real estate development proposal prepared by four (4) select USC Marshall undergraduate real estate finance students for Brandywine Realty Trust (NYSE: BDN).
Participating schools listed below:
California Polytechnical State University, Colorado State University, Drexel University, Florida State University, Georgetown University, Lehigh University Monmouth University, New York University, Ohio State University, Penn State University, Rutgers University, Temple University, University of North Carolina Chapel Hill, University of Pennsylvania, University of Southern California, University of Wisconsin, Villanova University and Virginia Commonwealth University
Real Estate Competition - Campus Finalist Oscar Haman
Based on the 4th annual Cornell International Real Estate Competition.
A potential recommendation for a buy or pass of mezzanine debts
Completing this case involved:
- Using the lien on a mezzanine debt in order to take equity interest of the owner's properties
- Computing an amortisation schedule in order to determine the financial capabilities of the owner
- Analysing the post GFC conditions of the U.S economy and real estate market
- Conducting a DCF to determine exit selling price of the properties
- Providing relevant renovations to the properties in order to main standard of Class A classification
The evolution of the workspace concept and environment was connected with the evolution of the human society and economy models through the history.
Today our society is based on knowledge and the workspace concept needs to evolve accordingly.
McDonalds is a global leader in the fast food industry with over 68 million customers globally. It has seen impressive financial growth since starting as a small barbecue restaurant in the 1940s. Today it has annual revenues of over $27 billion. McDonalds focuses on uniform menus customized to local preferences and has a vision of being customers' favorite place to eat. It uses forecasting and budgeting techniques to adapt to changing market conditions and customer demands. McDonalds also implements management accounting systems like ERP and activity-based costing to monitor performance and control costs across its global operations.
- Emaar Properties PJSC is the largest real estate developer in the United Arab Emirates, established in 1997 with capital of AED 1 billion.
- Its main activities include property investment and development, property management services, and investing in sectors like education, healthcare, retail and hospitality.
- In 2013, its revenue came primarily from real estate (55.65%), leasing and related activities (30.36%), and hospitality (13.99%). The majority (89%) of its revenue was from domestic markets in the UAE.
The purpose of this paper is to outline the events that happened in that era such that we can find Leader’s impact, significant events, innovations. These findings will help us better understanding the era from 1371 AD to 1720 AD.
This site development plan shows a vegetable garden and a fruit garden separated by a road. The plan labels two areas as gardens on either side of a centrally located road.
The document provides an overview of McDonald's business including their vision, mission, values, strengths, weaknesses, opportunities, threats, product life cycle, competitive dimensions, product range, plant layout, service process design, inventory, and transformation process. McDonald's aspires to end hunger globally by providing low-cost, high-quality food. Their strengths include largest market share and ability to adapt menus to local tastes, while weaknesses are negative publicity around unhealthy food and low-paying jobs.
2018 Villanova Real Estate Challenge (2nd Place) - University of Southern Cal...LuisGonzalez1382
A real estate development proposal prepared by four (4) select USC Marshall undergraduate real estate finance students for Brandywine Realty Trust (NYSE: BDN).
Participating schools listed below:
California Polytechnical State University, Colorado State University, Drexel University, Florida State University, Georgetown University, Lehigh University Monmouth University, New York University, Ohio State University, Penn State University, Rutgers University, Temple University, University of North Carolina Chapel Hill, University of Pennsylvania, University of Southern California, University of Wisconsin, Villanova University and Virginia Commonwealth University
The document outlines a development plan for The Square at Broadway Place, a mixed-use development in downtown Los Angeles. The plan proposes a three-phase development that will include retail, office, hotel, and residential units totaling over 1,000 units. Phase 1 will include a boutique hotel, apartments, and retail delivered by 2013. Phase 2 will include 340 apartments and retail delivered by 2016. Phase 3 will include additional residential and retail delivered by 2018. The development aims to capitalize on the revitalization of the South Park neighborhood while mitigating risk by leveraging existing structures and a staggered development approach.
The document outlines key strategies for redeveloping a riverfront site in Monona, Wisconsin into a market-ready project. The strategies include building a foundation for success through sustained planning, having the courage to seize opportunities, creatively gaining site control, establishing a strong yet adaptable vision, understanding market conditions, setting targets and metrics, utilizing a public-private partnership approach, and creating a predictable process. The site faces challenges like private ownership and lack of prior investment, but has assets like riverfront access and proximity to downtown Madison. The vision is to create an urban waterfront destination focused on recreation and gathering.
This document provides an overview of commercial real estate market conditions in Atlantic Canada in Q2 2016. It notes that office and industrial vacancy rates varied across major markets like Halifax, Moncton, and St. John's. Limited new construction and a relatively small number of buyers kept regional office markets quiet. For industrial, construction slowed in Halifax's Burnside area as vacancy rose above 15%. The multi-residential sector saw some large transactions and rent increases in most markets year-over-year. Private equity also became more active in retail markets.
Wheels of Progress: Downtown Planning 2.0 Beyond the VisionOHM Advisors
The document outlines a Downtown Advance plan for Wooster and Medina, Ohio to guide redevelopment. For Wooster, the plan identifies redevelopment opportunities through community engagement and market analysis. It recommends projects like streetscape improvements, converting alleys to greenspace, and developing a downtown park. For Medina, the plan conducted outreach and identified target redevelopment sites. The market assessment found demand for apartments and office space. The plan recommends developing these sites to advance the cities' goals and catalyze continued private investment downtown.
International Cities and Towns Presentation - Gerard Carlyon 2017Gerard Carlyon
Attached is a presentation I gave to the 2017 International Cities and Towns Conference in Melbourne on Mackay. The city has rebounded strongly from the mining downturn and is now growing strongly again and poised for an exciting near term future.
This document provides an overview and analysis of a proposed mixed-use development project called LOGAN in the Wallingford neighborhood of Seattle, Washington. It summarizes that LOGAN would include 184 residential units, 62,000 square feet of office space, 4,000 square feet of retail, and generate a 12% levered internal rate of return for the developer. The development strategy involves rezoning the site, securing a lead office tenant, and developing the property in phases to mitigate market risks given current market conditions in Wallingford.
Developing northern australia faciltiating development in a transitioning m...Gerard Carlyon
It was a great privilege to speak at the Developing Northern Australia Conference in Alice Springs about the strength of the Mackay economy and some of the initiatives we've deployed to encourage local economic development.
This document provides a proposal for a new hotel mall building project in Addis Ababa, Ethiopia. It was prepared by Global Development Research and Environmental Project Privet Conseults Private LIMITE Company on behalf of the project promoter, Gereb Weynat General Trading PLC. The proposal includes an executive summary, background information on the promoter and the need for the project, analyses of the market and technical aspects, and discussions of the project's financials, socioeconomic and environmental impacts, and organizational management. The proposed project is a 2B+G+16 modern hotel mall development on 20,000 square meters of land in Bole Subcity that will accommodate 350 customers and create over 400 temporary and 90 permanent jobs
How Cincinnati Addresses Urban RevitalizationThe Port
The Redevelopment Authority presented our urban revitalization work at the Council of Development Finance Agencies Urban Finance Forum in Cleveland on June 7, 2018.
Eastown and Westown are two major mixed-use development projects in Cairo being developed through a partnership between Solidere and SODIC. The projects will include commercial, residential, retail, and leisure spaces in east and west Cairo. They aim to open the first phase by end of 2010 and promote the projects' quality infrastructure, designs, and business opportunities to attract investors, residents, and businesses. Competition in the Cairo real estate market is increasing, so Eastown and Westown will need to speed up their marketing to attract demand before the market slows down or corrects.
Here are the key points relating the Economic Development Strategy to where development should be focused in Greater Downtown Waco given its large size:
- Focus initial catalytic projects in areas that will have the biggest impact, such as near existing assets like Heritage Square and City Hall. Smaller pilot projects can activate underutilized spaces.
- Prioritize areas with potential for high density, mixed-use development within walking distance of the core downtown and transit stops. This will support an 18-hour live-work-play environment.
- Direct growth along transit corridors to key activity centers like Baylor University, the Zoo, and the Waterfront to leverage planned transit investments and connect these destinations.
- Target entrepreneurial retailers/restaurants to
Here are some key considerations for organizing the City to help implement and incentivize place-based development:
1. Establish a dedicated development department or authority within the City structure that is focused solely on facilitating development projects from start to finish. This centralizes expertise.
2. Provide this group with dedicated funding sources and the ability to assemble land, write down deals, and offer targeted incentives to get priority projects off the ground. Land assembly and incentives are critical tools.
3. Engage in comprehensive planning for priority areas to establish a shared vision and guidelines for the types and intensities of development desired, along with supporting infrastructure needs. This provides predictability and coordination.
4. Proactively market sites and opportunities to
Here are the key points relating the Economic Development Strategy to where development should be focused in Greater Downtown Waco given its large size:
- Focus initial catalytic projects in areas that will have the biggest impact, such as near existing assets like Heritage Square and City Hall. Smaller pilot projects can activate underutilized spaces.
- Prioritize areas with potential for high density, mixed-use development within walking distance of the core downtown and transit stops. This includes areas near Baylor and along major corridors leading to other activity centers.
- Leverage Greater Downtown's assets like the Baylor campus, libraries, parks and open spaces by concentrating new development in surrounding areas to create active hubs connected by improved pedestrian and transit infrastructure.
case study of World Trade Park, jaipur, rajasthan & Logix City Centre Noida.simrandeo3
The document provides details about two case studies of mixed-use commercial developments: the Logix City Center in Noida, India and the World Trade Park in Jaipur, India. For the Logix City Center, floor plans and specifications are given for the proposed 1.7 million square foot development containing retail space, office towers, and a hotel. An analysis of the site and project is also included. For World Trade Park, information is given about its unique architectural design and facilities as a high-end shopping destination, including details about its layout, nearby attractions, and features.
Keppel Corporation - Briefing to Analysts on Vietnam Property KeppelCorporation
This document provides an overview of Vietnam Property, a real estate developer in Ho Chi Minh City, Vietnam. It summarizes the company's strong foundations as one of Vietnam's pioneer real estate investors with a diverse portfolio established since 1995. The company's growth strategy focuses on expanding its breadth and depth in the residential and commercial sectors across prime districts in Ho Chi Minh City. It highlights several ongoing and completed residential and commercial projects.
This document provides summaries of 14 investment opportunities in real estate development and other sectors in Kenya. The projects range in cost from $4 million to $8.6 billion and include proposals for residential and commercial real estate developments, infrastructure projects, a coal mining concession, a national lottery license, and manufacturing partnerships. Details such as development costs, ownership stakes being offered, targeted returns on investment, and project timelines are provided for each opportunity.
CBRE's latest real estate and retail insights points out why Residential Real Estate again becomes more attractive to Vietnamese investors as other alternatives offer limited returns
The Circus Residence is a 15-floor mixed-use development located in the central business district of Ulaanbaatar, Mongolia. It will feature two floors of commercial space and 13 floors of residential apartments. The project is being developed by Asia Pacific Investment Partners, Mongolia's leading real estate developer, and is projected to yield 12% annually upon completion in 2017. It offers affordable luxury apartments in a highly desirable central location close to amenities.
The document discusses the top real estate trends for the UAE in 2014 as identified by Jones Lang LaSalle. The key trends include avoiding another property bubble in Dubai through more measured development, the return of major mega-projects, future areas of growth, limited impact of Expo 2020 in 2014, varied approaches to real estate financing, a two-speed investment market, increased corporate activity driving workplace transformation, more hotel investment sales, sustainability moving from talk to action, and improved valuation and measurement standards. The trends are expected to have differing impacts across major UAE real estate markets like Dubai and Abu Dhabi.
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
The document outlines a development plan for The Square at Broadway Place, a mixed-use development in downtown Los Angeles. The plan proposes a three-phase development that will include retail, office, hotel, and residential units totaling over 1,000 units. Phase 1 will include a boutique hotel, apartments, and retail delivered by 2013. Phase 2 will include 340 apartments and retail delivered by 2016. Phase 3 will include additional residential and retail delivered by 2018. The development aims to capitalize on the revitalization of the South Park neighborhood while mitigating risk by leveraging existing structures and a staggered development approach.
The document outlines key strategies for redeveloping a riverfront site in Monona, Wisconsin into a market-ready project. The strategies include building a foundation for success through sustained planning, having the courage to seize opportunities, creatively gaining site control, establishing a strong yet adaptable vision, understanding market conditions, setting targets and metrics, utilizing a public-private partnership approach, and creating a predictable process. The site faces challenges like private ownership and lack of prior investment, but has assets like riverfront access and proximity to downtown Madison. The vision is to create an urban waterfront destination focused on recreation and gathering.
This document provides an overview of commercial real estate market conditions in Atlantic Canada in Q2 2016. It notes that office and industrial vacancy rates varied across major markets like Halifax, Moncton, and St. John's. Limited new construction and a relatively small number of buyers kept regional office markets quiet. For industrial, construction slowed in Halifax's Burnside area as vacancy rose above 15%. The multi-residential sector saw some large transactions and rent increases in most markets year-over-year. Private equity also became more active in retail markets.
Wheels of Progress: Downtown Planning 2.0 Beyond the VisionOHM Advisors
The document outlines a Downtown Advance plan for Wooster and Medina, Ohio to guide redevelopment. For Wooster, the plan identifies redevelopment opportunities through community engagement and market analysis. It recommends projects like streetscape improvements, converting alleys to greenspace, and developing a downtown park. For Medina, the plan conducted outreach and identified target redevelopment sites. The market assessment found demand for apartments and office space. The plan recommends developing these sites to advance the cities' goals and catalyze continued private investment downtown.
International Cities and Towns Presentation - Gerard Carlyon 2017Gerard Carlyon
Attached is a presentation I gave to the 2017 International Cities and Towns Conference in Melbourne on Mackay. The city has rebounded strongly from the mining downturn and is now growing strongly again and poised for an exciting near term future.
This document provides an overview and analysis of a proposed mixed-use development project called LOGAN in the Wallingford neighborhood of Seattle, Washington. It summarizes that LOGAN would include 184 residential units, 62,000 square feet of office space, 4,000 square feet of retail, and generate a 12% levered internal rate of return for the developer. The development strategy involves rezoning the site, securing a lead office tenant, and developing the property in phases to mitigate market risks given current market conditions in Wallingford.
Developing northern australia faciltiating development in a transitioning m...Gerard Carlyon
It was a great privilege to speak at the Developing Northern Australia Conference in Alice Springs about the strength of the Mackay economy and some of the initiatives we've deployed to encourage local economic development.
This document provides a proposal for a new hotel mall building project in Addis Ababa, Ethiopia. It was prepared by Global Development Research and Environmental Project Privet Conseults Private LIMITE Company on behalf of the project promoter, Gereb Weynat General Trading PLC. The proposal includes an executive summary, background information on the promoter and the need for the project, analyses of the market and technical aspects, and discussions of the project's financials, socioeconomic and environmental impacts, and organizational management. The proposed project is a 2B+G+16 modern hotel mall development on 20,000 square meters of land in Bole Subcity that will accommodate 350 customers and create over 400 temporary and 90 permanent jobs
How Cincinnati Addresses Urban RevitalizationThe Port
The Redevelopment Authority presented our urban revitalization work at the Council of Development Finance Agencies Urban Finance Forum in Cleveland on June 7, 2018.
Eastown and Westown are two major mixed-use development projects in Cairo being developed through a partnership between Solidere and SODIC. The projects will include commercial, residential, retail, and leisure spaces in east and west Cairo. They aim to open the first phase by end of 2010 and promote the projects' quality infrastructure, designs, and business opportunities to attract investors, residents, and businesses. Competition in the Cairo real estate market is increasing, so Eastown and Westown will need to speed up their marketing to attract demand before the market slows down or corrects.
Here are the key points relating the Economic Development Strategy to where development should be focused in Greater Downtown Waco given its large size:
- Focus initial catalytic projects in areas that will have the biggest impact, such as near existing assets like Heritage Square and City Hall. Smaller pilot projects can activate underutilized spaces.
- Prioritize areas with potential for high density, mixed-use development within walking distance of the core downtown and transit stops. This will support an 18-hour live-work-play environment.
- Direct growth along transit corridors to key activity centers like Baylor University, the Zoo, and the Waterfront to leverage planned transit investments and connect these destinations.
- Target entrepreneurial retailers/restaurants to
Here are some key considerations for organizing the City to help implement and incentivize place-based development:
1. Establish a dedicated development department or authority within the City structure that is focused solely on facilitating development projects from start to finish. This centralizes expertise.
2. Provide this group with dedicated funding sources and the ability to assemble land, write down deals, and offer targeted incentives to get priority projects off the ground. Land assembly and incentives are critical tools.
3. Engage in comprehensive planning for priority areas to establish a shared vision and guidelines for the types and intensities of development desired, along with supporting infrastructure needs. This provides predictability and coordination.
4. Proactively market sites and opportunities to
Here are the key points relating the Economic Development Strategy to where development should be focused in Greater Downtown Waco given its large size:
- Focus initial catalytic projects in areas that will have the biggest impact, such as near existing assets like Heritage Square and City Hall. Smaller pilot projects can activate underutilized spaces.
- Prioritize areas with potential for high density, mixed-use development within walking distance of the core downtown and transit stops. This includes areas near Baylor and along major corridors leading to other activity centers.
- Leverage Greater Downtown's assets like the Baylor campus, libraries, parks and open spaces by concentrating new development in surrounding areas to create active hubs connected by improved pedestrian and transit infrastructure.
case study of World Trade Park, jaipur, rajasthan & Logix City Centre Noida.simrandeo3
The document provides details about two case studies of mixed-use commercial developments: the Logix City Center in Noida, India and the World Trade Park in Jaipur, India. For the Logix City Center, floor plans and specifications are given for the proposed 1.7 million square foot development containing retail space, office towers, and a hotel. An analysis of the site and project is also included. For World Trade Park, information is given about its unique architectural design and facilities as a high-end shopping destination, including details about its layout, nearby attractions, and features.
Keppel Corporation - Briefing to Analysts on Vietnam Property KeppelCorporation
This document provides an overview of Vietnam Property, a real estate developer in Ho Chi Minh City, Vietnam. It summarizes the company's strong foundations as one of Vietnam's pioneer real estate investors with a diverse portfolio established since 1995. The company's growth strategy focuses on expanding its breadth and depth in the residential and commercial sectors across prime districts in Ho Chi Minh City. It highlights several ongoing and completed residential and commercial projects.
This document provides summaries of 14 investment opportunities in real estate development and other sectors in Kenya. The projects range in cost from $4 million to $8.6 billion and include proposals for residential and commercial real estate developments, infrastructure projects, a coal mining concession, a national lottery license, and manufacturing partnerships. Details such as development costs, ownership stakes being offered, targeted returns on investment, and project timelines are provided for each opportunity.
CBRE's latest real estate and retail insights points out why Residential Real Estate again becomes more attractive to Vietnamese investors as other alternatives offer limited returns
The Circus Residence is a 15-floor mixed-use development located in the central business district of Ulaanbaatar, Mongolia. It will feature two floors of commercial space and 13 floors of residential apartments. The project is being developed by Asia Pacific Investment Partners, Mongolia's leading real estate developer, and is projected to yield 12% annually upon completion in 2017. It offers affordable luxury apartments in a highly desirable central location close to amenities.
The document discusses the top real estate trends for the UAE in 2014 as identified by Jones Lang LaSalle. The key trends include avoiding another property bubble in Dubai through more measured development, the return of major mega-projects, future areas of growth, limited impact of Expo 2020 in 2014, varied approaches to real estate financing, a two-speed investment market, increased corporate activity driving workplace transformation, more hotel investment sales, sustainability moving from talk to action, and improved valuation and measurement standards. The trends are expected to have differing impacts across major UAE real estate markets like Dubai and Abu Dhabi.
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
2. TEAM MEMBERS
2 | the mercado
ALEKSANDR DRABOVSKIY
Team Captain | Design Strategist
SARINA STRICKLAND
Analytic Expert
MARK MUÑOZ
Writer | Master Researcher
LUIS GONZÁLEZ
Director of Finance
3. OVERVIEW OF PHILADELPHIA MARKET
MARKET ANALYSIS
02 05
PROJECT STRATEGY
EXECUTIVE SUMMARY
01 04
PRESENTING HIGHEST AND BEST USE
DEVELOPMENT PROPOSAL
03 13
EVALUATING RISKS AND OPPORTUNITIES
STRATEGY EXECUTION
04 19
ANSWERING CRITICAL THINKING
QUESTIONS
FINANCIAL IMPLICATIONS
05 23
AGENDA
4. 030201
PROJECT OBJECTIVE
increase
shareholder
WEALTH
through a long
term development
approach
strengthen
Brandywine
portfolio by
providing BEST IN
CLASS real estate
service and
UNIFY local
communities:
center city &
university city
STRATEGIES
SUMMARY
Zion Capital is pleased to present its land play recommendation for 2120 Market Street: the mercado,
(“THE SUBJECT”). Occupying a site area of 30,500 square feet with a potential maximum density of
788,000 square feet (CMX-5) within the heart of the Philadelphia’s up and coming Market West District, the
mercado offers a unique opportunity to create a destination oriented multi-family, retail, hotel mixed-use
development connecting Center City to University City.
4 | the mercado
6. SITE LOCATION & PHILADELPHIA
Market Street
West district
transit score
100
bike score
98
13%
9%
34%
44%
High School or Less
Some College
Bachelor's Degree
Advanced Degree
6th
largest
metro city in
US
1/2 mile to
City Hall
education attainment
7. 1,568,000
total population of Philadelphia 17%
Population growth
rate in Center City
from 2010 to 2016
$41,000
$71,000
Median household income
in Philadelphia 33
Median age
133,000
total population of Center City
years old
Median household income
in Center City
51% of all jobs in
the city are in the
greater Center City
and University
Center, which are
leading the growth
44% of the Center City population
has achieved advanced degrees,
compared to 10% of the total
Philadelphia population
DEMOGRAPHICS
7 | the mercado
8. Cost of Debt: 3.95%
Cost of Equity: 4.70%
Projected Office Absorption: 415K SF
Projected Office Deliveries: 480K SF
Development Boom: $15Bn+
• Comcast: $1.5Bn
• 30th St Station: $6.5Bn
• Schuylkill Yards: $3.5Bn
• uCity Square: $1Bn
• Penn Pavilion: $1.5Bn
• Navy Yard: $1Bn+
Ordinance 1130: 10-year real estate tax abatement
PAJCTC: $1,000 per-job tax credit
FINANCIAL MARKET INFORMATION
8 | the mercado
9. BRANDYWINE REALTY
PIPELINE
Under Construction
• Schuylkill Yards
• Drexel Square Park
• North Gulph Road - King of
Prussia
• Lancaster Ave 426 – Devon
• Metroplex II/III
Under Construction:
• Comcast Technology Center
• 30th Street Station District
• uCItySquare
• Liberty on the River
• Penn Medicine Pavilion
• Navy Yard
• East Market
• Fashion District of
Philadelphia
• Penn’s Landing
• SLS Philadelphia Hotel
• W Hotel & Element by Westin
• Aramark Headquarters
PHILADELPHIA
MARKET PIPELINE
DEVELOPMENT PIPELINE
9 | the mercado
10. The U.S. must add 4.6 million new apartments by 2030 to meet rising demand.
Philadelphia needs to add 38,407 apartments
MARKET ANALYSIS
From 2010 to 2016
Center City,
Philadelphia
experienced a 17%
growth rate in
population
1,016 Class A
multifamily units
were added in the
past year.
Next year, 1,421
Class A units will
be delivered to the
submarket.
Philadelphia must continue to add new apartment supply in
order to meet the growing demand, but Philadelphia needs
apartments at all price points, not just high end
10 | the mercado
11. 6.8%
RESIDENTIAL
10.9%
OFFICE
22% 1.7%
HOTEL RETAIL
CITY CENTER MARKET CONDITIONS
11 | ZION CAPITAL
• 918 unit absorption
• 1016 units delivered
• - 40,500 SF
absorption
• Zero deliveries
in 12 months
• $770M sales in
12 months
• Modest estimated
supply growth.
• 11,000 rooms in
market
• Three future luxury
class deliveries
• 894,000 SF Peak
absorption
• Zero deliveries in
12 months
$144.62
vacancy vacancy vacancy vacancy
revPAR
$2,535
rent
$48.00rent
$33.00rent
14. BIG - Vancouver
How can we
re-energize urban
Mixed-Use?
INSPIRATION
14 | the mercado
15. We aim to create a convenient interconnected community
between University City and Center City through our
amenities and prime location. the mercado features lively
retail, a destination urban park, and attainable housing to
revitalize the community.
COMPLIMENTARY USES
PROPERTY USES
15 | the mercado
15% 27% 33% 20% 5%
Retail Micro Std. Resi Hotel Parking
Site Plan
,
INCLUDING 37, MODERATLY
AFFORDABLE UNITS
777
TOTAL
UNITS
16.
17. COMMON LIVINGROOM
TYPICAL BEDROOM
COMMON DINNING
ROOM
• Gym
• Courtyard park
• Parking
• Common kitchen
• Rooftop dog-run
• 24 /7 Concierge
MICRO DOESN’T MEAN
YOU’RE MISSING OUT
MICRO UNITS
17 | the mercado
• Game room
• Premier rooftop bar
• Casual dining and
brewery
• Indego bikes on-site
• Indoor pool
18. RETAIL MULTIFAMILY HOTEL
• Primary location
• Adding an extended
stay concept hotel.
Benefiting from
amenities and retail
89,000 SF 356,000 SF
• Mix of standard units
and micro-units.
• 10% AFFORDABLE
dedicated to moderate
income
• Designated
subterranean parking.
• All-inclusive amenities
122,000 SF
• Urban landscape
complimenting retail.
• 360-degree roof top
bar and restaurant.
• Sustainable
ASSET TYPES
18 | the mercado
20. High-Level Steps to Execution:
1. Form joint venture with a multi-family operator to ensure project success
and maintain flexible exit
2. Complete entitlement and pre-development for Phase 1
3. Draw necessary funds from single asset construction loan
4. Begin Phase 1 construction
5. Complete Phase 1 construction and Phase 2 pre-development
6. Maintain flexibility with Phase 2 site and consider options for development
or disposition
EXECUTION & DEVELOPMENT TIMELINE
20 | the mercado
Pre-Development (6)
Construction (18)
Lease-Up (10) Stabilized Revenue
Approvals
Pre-Development (20)
Proposed Construction (18+)Approvals
3 MOToday 6 MO 9 MO 12 MO 15 MO 18 MO 21 MO 24 MO 27 MO 30 MO 33 MO 36 MO 39 MO
Phase 1
the mercado
Phase 2
21. PHASE ONE – 500,000 SF
• JV Partnership
• Residentially focused development
including:
i. 540 Micro-units
ii. 237 Market size units
iii. 10% moderately affordable
units
• Hotel featuring 109 keys
• 89,000 SF retail
• Creating a new life with panoramic
views
PROJECT PHASING
TODAY 2021 20352018
PHASE 2 EXECUTION Completion of 2035 planCONSTRUCTION OF the
mercado, PHASE 1
21 | the mercado
22. TODAY 2021 20352018
Exit:
• Disposition
Hold Option 1:
• Ground Lease to Developer
Hold Option 2:
• Commence Ground-Up Development
• Maximize FAR
• Join neighboring parcels
PHASE 2 EXECUTION Completion of PHL 2035
plan
CONSTRUCTION OF the
mercado, PHASE 1
PHASE TWO – 798,000 SF
PROJECT PHASING
22 | the mercado
PHASE ONE – 500,000 SF
• JV Partnership
• Residentially focused development
including:
i. 540 Micro-units
ii. 237 Market size units
iii. 10% moderately affordable
units
• Hotel featuring 109 keys
• 89,000 SF retail
• Creating a new life with panoramic
views
24. Sources of Capital
Land Cost: $20.8M
Construction Cost: $289.3M
TOD Bonus: $3.1M
Total Basis: $313.2M
Construction Loan Amount: $230.2M
Total Equity Contribution: $83M
• JV Partner Contribution: $41.5M
• Brandywine Contribution: $41.5M
Revolving Loan Amount: $143.8M
Total Equity Contribution: $72.2M
• JV Partner Contribution: $36.1M
• Brandywine Contribution: $36.1M
$75M
PROPERTY
VALUE
Total Uses
$313 M
SOURCES OF CAPITAL
24 | the mercado
25. Sources of Capital
Land Cost: $20.8M
Construction Cost: $289.3M
TOD Bonus: $3.1M
Total Basis: $313.2M
Construction Loan Amount: $230.2M
Total Equity Contribution: $83M
• JV Partner Contribution: $41.5M
• Brandywine Contribution: $41.5M
Revolving Loan Amount: $143.8M
Total Equity Contribution: $72.2M
• JV Partner Contribution: $36.1M
• Brandywine Contribution: $36.1M
$75M
PROPERTY
VALUE
Total Uses
$313 M
Total Uses
$216 M
USES OF CAPITAL
25 | the mercado
27. TODAY SCENARIO ONE SCENARIO TWO SCENARIO THREE
Current As-Is Base Case Opportunistic
30,500 SF 468,308 SF 594,470 SF Additional 797,530 SF
Total: Total SF: 468,308 SF
Yield on Cost: 5.94%
Return on Cost: 98.16%
Additional FFO: $0.04
Total SF: 594,470 SF
Yield on Cost: 7.33%
Return on Cost: 90.19%
Additional FFO: $0.05
27 | the mercado
ALTERNATIVES
29. $313M
Total Phase 1 Cost
90.1%
Return on Cost , over
20-year hold
11.2%
Yield On Cost
$0.05
Additional FFO
1.39 Million SF
Maximum allowable development with bonuses
PROJECT SUMMARY
29 | the mercado
36. Appendix
CMX-4 & CMX-5 Definition
Zoning Code QuiCk RefeRenCe guide
Quick Reference Guide
ZONING DISTRICT TYPICAL PLAN/BUILDING FORM TYPICAL BUILDING DIMENSIONAL STANDARDS
Description: Center City commercial mixed use
Uses permitted as of right: Household Living; Group Living; Personal Care
Home; Single-Room Residence; Passive Recreation; Active Recreation; Family
Day Care; Group Day Care; Day Care Center; Educational Facilities; Fraternal
Organization; Hospital;Libraries and Cultural Exhibits; Religious Assembly; Safety
Services; Transit Station; Utilities and Services, Basic; Wireless Service Facility;
Wireless Freestanding Tower; Building or Tower-Mounted Antenna; Business and
Professional Office; Medical, Dental, Health Sole or Group Practitioner; Government
Office; Building Supplies and Equipment; Consumer Goods (except Drug
Paraphernalia and Guns); Food, Beverages, and Groceries; Pets and Pet Supplies;
Sundries, Pharmaceuticals, and Convenience Sales; Wearing Apparel and
Accessories; Animal Services; Assembly and Entertainment (except Amusement
Arcade, Casino, and Pool or Billiards Room); Nightclubs and Private Clubs;
Building Services; Business Support; Prepared Food Shop; Take-Out Restaurant;
Sit Down Restaurant; Financial Services (except Personal Credit Establishments);
Funeral and Mortuary Services; Maintenance and Repair of Consumer Goods;
On-Premise Dry Cleaning; Marina; Non-Accessory Underground Parking; Personal
Services (except Body Art Services); Fortune Telling Service; Radio, Television,
and Recording Services; Visitor Accommodations; Commissaries and Catering
Services; Personal Vehicle Repair and Maintenance; Personal Vehicle Repair Sales
and Rental; Gasoline Station; Vehicle Equipment and Supplies Sales and Rental;
Moving and Storage Facilities; Artist Studios and Artisan Industrial; Research and
Development; Community Garden
Uses requiring special exception approval: Non-Accessory Above-ground
Structured Parking
Max. Occupied
Area
Buildings ≤ 5 stories
with 1 or more
dwelling units:
90%; Others:
100%
Min. Front Yard
Depth
N/A
Min. Side Yard
Width
If used: Buildings
≤ 4 stories with 3
or fewer dwelling
units: 5’; Others:
8’
Max. FAR
500%; 750% for
certain lots within
University City
FAR Map; up
to 700% with
bonuses.
Description: Center City core commercial mixed use
Uses permitted as of right: Household Living; Group Living; Personal Care Home; Single-
Room Residence; Passive Recreation; Active Recreation; Family Day Care; Group Day
Care; Day Care Center; Educational Facilities; Fraternal Organization; Hospital;Libraries
and Cultural Exhibits; Religious Assembly; Safety Services; Transit Station; Utilities and
Services, Basic; Wireless Service Facility; Wireless Freestanding Tower; Building or
Tower-Mounted Antenna; Business and Professional Office; Medical, Dental, Health Sole
or Group Practitioner; Government Office; Building Supplies and Equipment; Consumer
Goods (except Drug Paraphernalia and Guns); Food, Beverages, and Groceries; Pets
and Pet Supplies; Sundries, Pharmaceuticals, and Convenience Sales; Wearing Apparel
and Accessories; Animal Services; Assembly and Entertainment (except Amusement
Arcade, Casino, and Pool or Billiards Room); Nightclubs and Private Clubs; Building
Services; Business Support; Prepared Food Shop; Take-Out Restaurant; Sit Down
Restaurant; Financial Services (except Personal Credit Establishments); Funeral and
Mortuary Services; Maintenance and Repair of Consumer Goods; On-Premise Dry
Cleaning; Marina; Non-Accessory Underground Parking; Personal Services (except
Body Art Services); Fortune Telling Service; Radio, Television, and Recording Services;
Visitor Accommodations; Commissaries and Catering Services; Personal Vehicle Repair
and Maintenance; Personal Vehicle Repair Sales and Rental; Gasoline Station; Vehicle
Equipment and Supplies Sales and Rental; Moving and Storage Facilities; Artist Studios
and Artisan Industrial; Research and Development; Community Garden
Uses requiring special exception approval: Non-Accessory Above-ground Structured
Parking
Min. District Area N/A
Max. Occupied
Area
Buildings ≤ 5 stories
with 1 or more
dwelling units:
90%; Others:
100%
Min. Side Yard
Width
Buildings ≤ 4 stories
with 3 or fewer
dwelling units: 5’;
Others: 8’
Max. FAR
1200%; 1600%
for certain lots
within Center
City/ University
City FAR Map; up
to an additional
800% with
bonuses
Commercial Districts
CMX-4*
CMX-5*
FAR
= 500%
of lot area
Max. height 65’
if 100% lot coverage
Bonus FAR =
Up to 700% Lot
Area
*See §14-702(1):
Floor Area Bonus Summary
Lot
Line
Building Setback:
*See §14-701(5):
Bulk and Massing Controls
FAR = 1200% or 1600%
for certain lots within
Center City/University City.
See Table §14-701-3
Bonus FAR =
Up to 800% Lot Area
*See §14-702(1)
Floor Area Bonus Summary
Lot
Line Building Setback:
*See §14-701(5)
Bulk and Massing Controls
41. Appendix
Construction Timeline
Pre-Development (6)
Construction (18)
Lease-Up (10) Stabilized Revenue
Approvals
Pre-Development (20)
Proposed Construction (18+)Approvals
3 MOToday 6 MO 9 MO 12 MO 15 MO 18 MO 21 MO 24 MO 27 MO 30 MO 33 MO 36 MO 39 MO
Phase 1
the mercado
Phase 2