CategoryHierarchies.com

"Real Estate Development" under the hierarchy of "Real Estate Financing" refers to the process of creating and improving properties for the purpose of selling or renting them at a profit. It encompasses various activities such as identifying suitable land, obtaining necessary permits, coordinating with architects, engineers, and contractors, overseeing construction, and managing the property until it is ready for occupancy. This process requires significant financial resources and expertise in real estate financing to secure funding, manage cash flow, and maximize returns on investment. Therefore, it is closely related to "Real Estate Financing" while also being connected to "Real Estate" and "Real Estate Brokerage" as the properties involved in development are typically bought, sold, or leased through these channels.