Finance is essential to the real estate project development sector's
success. However, there is still an enormous gap in the real estate
sector. What seems to be required is a model that could guide managers
in securing real estate project development finance.
Findings have shown that no comprehensive framework is presently
available. This book presents a toolkit to support real estate managers
in securing real estate project development finance. The book will help
managers to understand the different financing options and criteria
required by financiers. The study includes case studies from developed
and emerging economies, including Germany, the United Kingdom, the
United States of America, China, Nigeria, and South Africa. The author
concludes that the dominant challenges common to managers in both
economies are access to land, collateral, and rising interest rates.