WHAT YOU WILL LEARN
- Pre-Development Strategies
- Contract Structure
- Retaining Consultants
- Financing Structures
- Construction
- Management
During This Academy You Will Learn:
- 1. Developer (Owner)
- 2. Architect
- 3. General Contractor
- The difference between each of these roles in the development process
- How the Architect, General Contractrator and the Developer work together
- The Responsibilities of the Developer
ABOUT SCOTT KRONE
FOUNDER AND DIRECTOR OF DEVELOPMENT
Mr. Krone is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology. While obtaining his degree, he also worked as a Project Manager for Optima, Inc. During his time at Optima, Krone’s responsibilities included such notable projects as the 400 unit Cormandel in Deerfield, IL, the 40 unit HedgeRow in Winnetka, IL, and the 51 unit Optima Center Wilmette in Wilmette, IL.
In 2012, Krone founded Coda Management Group – a firm who specializes in managing real estate assets. Since its inception, Coda has manages a wide range of real estate including single and multi-family homes, retail, commercial warehouse and self-storage and multi-use flex athletic spaces. Currently, the platform of investments is in excess of $55 million.
In 1998, Krone founded Coda, an award winning Design + Build | Sustainability | Consulting firm. Since its inception, Coda has won numerous design/build awards including the international Green GOOD Design Award in 2010, Best of Houzz 2014 and 2015, and Design Evanston Award. Their work has been featured in notable publications as Dream Homes – Chicago, Midwest Luxury Homes, Crate & Barrel 2010 Best Catalogs, NBC TV Show Taste, and national ACE Hardware Commercials.
In addition, Krone has authored High Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowner’s seeking to incorporate green technology into their home.
Krone resides in Wilmette, IL, with his wife and three children.
Pre-Development
- Part 1 – Identify a Property
- Part 2 – Entitlements/Municipality
- Part 3 – Preliminary Proforma
Pre-Development
- Part 1 – Identify a Property
- Part 2 – Entitlements/Municipality
- Part 3 – Preliminary Proforma
Financing
- Part 7 – Capital Stack
Financing
- Part 7 – Capital Stack
Contract
- Part 4 – Letter of Intent
- Part 5 – Contract
Contract
- Part 4 – Letter of Intent
- Part 5 – Contract
Construction
- Part 8 – Permit Process
- Part 9 – Construction Process
Construction
- Part 8 – Permit Process
- Part 9 – Construction Process
Consultants
- Part 6 – Retailing Consultants
Consultants
- Part 6 – Retailing Consultants
Management
- Part 10 – Transition to Management
Management
- Part 10 – Transition to Management
Pre-Development
- Part 1 – Identify a Property
- Part 2 – Entitlements/Municipality
- Part 3 – Preliminary Proforma
Pre-Development
- Part 1 – Identify a Property
- Part 2 – Entitlements/Municipality
- Part 3 – Preliminary Proforma
Contract
- Part 4 – Letter of Intent
- Part 5 – Contract
Contract
- Part 4 – Letter of Intent
- Part 5 – Contract
Consultants
- Part 6 – Retailing Consultants
Consultants
- Part 6 – Retailing Consultants
Financing
- Part 7 – Capital Stack
Financing
- Part 7 – Capital Stack
Construction
- Part 8 – Permit Process
- Part 9 – Construction Process
Construction
- Part 8 – Permit Process
- Part 9 – Construction Process
Management
- Part 10 – Transition to Management
Management
- Part 10 – Transition to Management