1. What is the difference between a spec real estate developer and a build-to-suit client?
2. Why do so many participants in the BE want to become developers?
3. Define ‘synergy.’
4. Why would a bank not want to loan a developer to purchase bare land or loan for soft costs necessary to perform a feasibility study?
5. Why does a construction loan cost 1–2% more in interest than a permanent loan?
6. Which firm would likely realize the largest profit potential, an at-risk developer or a fee developer?
7. The word ‘pro forma’ sounds similar to the word ____________.