Creative Capital Podcast 116: Uncharted Territory in Development with Michael Holman

<p><span style="font-weight: 400;">Michael Holman is a VP at Overland Group, Inc., a vertically integrated real estate firm specializing in the</span> <span style= "font-weight: 400;">development, construction, and management of real estate assets. Michael oversees the development</span> <span style="font-weight: 400;">and capital market efforts at Overland. He specializes in the development and financing of multifamily,</span> <span style="font-weight: 400;">mixed-use, and storage assets across the western US. He is actively overseeing the development and</span> <span style="font-weight: 400;">financing of over $160 million worth of real estate assets and has millions more in the pipeline. Michael has managed the development of some extremely complex projects. His development experience includes rezones, re-plats, land assemblages, HOA creation and extinguishments, easement</span> <span style= "font-weight: 400;">creation and abandonments, multiple TIC owners, and much more across multiple projects. His quick</span> <span style="font-weight: 400;">rise to leading developments is because of his ability to put together first-class development teams,</span> <span style="font-weight: 400;">foresee problems, and provide strong leadership.</span></p> <p> </p> <p><span style="font-weight: 400;">In this episode, Michale talks about everything you need to know about new developments, from its definition to its deal structure to its average returns. Michael also shares the pros and cons of new developments and the factors he and his company consider when developing properties in a particular location. Michael and I will also share our thoughts on the current real estate market and where we think the market is heading. I learned a lot in this episode, and I am sure you will too! Listen in!</span></p> <p><br /> <br /> <br /></p> <p><strong>[00:01 - 08:48] Introduction  </strong></p> <p> </p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">An overview of the episode</span></li> <li style="f