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Developers are among the most entrepreneurial of the real estate career paths. They acquire land and prepare it for development, or acquire the site, as well as oversee the construction process. Developers specialize in residential or commercial development, and within these they specialize by property size and type. Today's home builders are getting larger, working on a regional and national basis. Larger home builders have a number of specialists within a firm. Outside the firm, they are affiliated as subcontracting consultants, specializing in land acquisition and market analysts, financing developments, project managers and marketing sales staff, to name a few. Developers who went through a period of over building in the late 1980's and early 1990's are now actively engaged in a burgeoning suburban office and industrial markets.
For more information about residential development, see the National Association of Home Builders, NAHB, as well as the Multi-Housing Council.
For more information about commercial development opportunities and trends see the Urban Land Institute, ULI, the National Association of Industrial and Office Properties, NAIOP, the Corporate Real Estate Network, CoreNet, and the International Council of Shopping Centers, ICSC.
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