1. For all but the largest of developers, the marketing and leasing of the project will be through an external broker. Given their special knowledge of the target market, it would be most beneficial for the developer to bring the broker into the development process during which of the following stages?
Design
Financing
Construction
Operation
2. In which stage of real estate development is amount of cumulative investment at the lowest level? Question options:
Construction
Lease-up & Tenant Finishes
Land Optioning & Assembly, Permitting, & Development Design
Stabilized Operation