The Role of a Real Estate Developer
Before we move ahead, let us first understand the definition of a real estate developer. In simple terms, a real estate developer is a professional individual who works in the property development industry. Said person has a role in working closely with their clients and others within the industry to effectively manage the process of developing and selling real estate.
To become a real estate developer, you must gain experience in the field and create a strong network of contacts. They also hold the responsibilities for managing tasks in the process of real estate and then selling it to their clients. The developer might purchase land, assist with financial matters related to the real estate transaction, communicate with builders to design and construct buildings on that piece of property and determine how to market that property to their clients.
As such, you can say that these real estate developers are some of the few professionals in the real estate market that take on some of the most risks in their work process as they are they people who get to decide on how to effectively invest in different properties and then develop it into something else – some of which include residential development or commercial buildings.
Moreover, there are some real estate investors who specialize in certain portions of their development process. An example can include a developer who might be focusing on looking and investing in land or even coordinating with the contractors to make buildings on properties.
On the other hand, there are also those professionals who focus on the entire process from beginning to end – working on getting permits, making marketing efforts, and overseeing the entire construction process. In fact, you can get further insights on real estate developers by looking at the work done by the professionals at Nomad Capital.
As a revered real estate investment, development, and promotion company, Nomad Capital’s main focus revolves around acting as local development partners for international institutional investors who are looking to establish a presence in Portugal.
The company was founded in 2018 by Alexandre Mansour, who was originally the Managing Partner at the French Desk Capital Management in New York City. It was initially founded as a Spinoff of Optylon Group, a company set up in 2014 by Mansour and his other work partners.
The senior management team of the company helps create some of the best concepts for projects, considering asset and marketing potentials. Starting from a preliminary study of the project guidelines in terms of construction areas, typologies, architecture, etc., and then develops the business models that are mainly aimed towards the serviced residential and branded residencies concepts.
Since its establishment, the company has also supported the sourcing, development, marketing, and other aspects of high-end resorts and residential projects. Nomad Capital markets its projects directly to its consumers through online and digital platforms or an international network of brokers and agents. Subsequently, the company is able to handle most of the elements of the value chain of the development, from the market and financial studies to architectural and engineering projects.
