The Developing Leaders Institute (DLI) held its third class on December 11th: Market Analysis & Application which focused on how to analyze a market—its product, relative location, supply and demand—and how those factors affect the viability of a potential project or real estate transaction. John Restrepo, Principal of RCG Economics, started off the class by detailing the analysis process relative to the three basic scenarios that come into play: a site in search of a use, a use in search of a site, and looking at real estate as an investment opportunity.
While Mr. Restrepo helped the class to understand the macro-economic trends that can affect a particular market, Dan Doherty, Executive Vice President and Industrial Broker at Colliers International, focused on the micro-economic factors that brokers deal with on a daily basis.
Both Mr. Restrepo and Mr. Doherty are experts in their fields and used multiple real-life examples to illustrate the advantages of fully understanding your market.
Thomas & Mack Development Group sponsored December’s class and was represented by David Strickland.
DLI Class Member
Samantha Coronado, Commercial Sales Executive
First American Title Insurance Company
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