Fundamentally, real estate development coordinates construction companies and end users that use the developed properties that are being erected. A real estate developer like Andrew Bradfield of New York coordinates the functions of the construction contractor to accompany the requisites of the the end users that will be inhabiting the facilities. Abilities in both the businesses of real property and building construction are desired to warrant that the buildings being produced will sufficiently cater to the companies that lease them.
Frequently, developers also function as property managers and maintain the properties they manage so companies can focus on their core business activities. By coordinating building contractors and the end users the real estate developer assists to control cost overhead and improve efficiencies, making the entire process most effectual for all the parties involved.
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