American's landscape is undergoing a profound transformation as demand grows for a different kind of American Dream--smaller homes on smaller lots, multifamily options, and walkable neighborhoods. This trend presents a tremendous opportunity to reinvent our urban and suburban areas. But in a time of fiscal austerity, how do we finance redevelopment needs? In Foundations of Real Estate Development Finance: A Guide for Public-Private Partnerships, urban scholar Arthur C. Nelson argues that efficient redevelopment depends on the ability to leverage resources through partnerships. Public-private partnerships are increasingly important in reducing the complexity and lowering the risk of redevelopment projects. Although planners are in integral part of creating these partneships, their training does generally not include real-estate finacing, which presents challenges and imbalances in public-private partnership.

Foreword by Christopher B. LeinbergerPrefaceAcknowledgmentsIntroduction: The Future of America Is Redevelopment, and the Future of Redevelopment Is Public-Private Partnerships1 The Cycle of Development, Optimal Redevelopment, RedevelopmentGoals and Benefits, and Barriers to Redevelopment2 Implementation of Redevelopment Plans and the Role of Public-Private Partnerships3 Real Estate Finance and Development Basics4 Survey of Public-Private Partnership Tools and the Role of PublicPatient Equity to Leverage Private Real Estate DevelopmentConclusion: America's Progress Depends on Redevelopment through Public-Private PartnershipsAppendix A: Workbook User GuideAppendix B: Simplified Depreciation Periods for Land UsesNotesReferencesIndex