FOLIO Ontology

Real Estate Developer

IRI:
https://folio.openlegalstandard.org/R9M22nIQgd72E0PSrkHmrxX
Preferred Label Property Developer
Alternative Labels
Real Estate Entrepreneur

Definition

A Real Estate Developer is a professional or company that acquires land, finances real estate deals, builds or renovates properties, and arranges for their sale or lease. This role involves various stages of development, including market research, site selection, obtaining permits, and managing construction projects.

Examples

  • A commercial real estate developer renovates an old warehouse into office spaces and leases them to businesses.

Class Relationships

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Class Hierarchy Visualization

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Additional Information

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