Published September 10th, 2010 by editor
The Qualities of a Winning Real Estate Development
On April 10, 2008, a real estate development team had won big bucks in a competition held by the George Washington University Real Estate Investment and Development Organization. The team had met the qualifications laid down by the organization enumerated as: creativity, economic feasibility, and design.
The team had shown great development plans because of the approached plan of “quadruple bottom line” as said by Margaret McFarland, Director of the Colvin Institute and the Masters of Real Estate Development program. The “quadruple bottom line” as stated consisted of four major characteristics. These are financial practicality, environment sustainability, community cohesion and beautiful design.