New Home Insights Podcast Episode 59: Steve Benson and (Land) Banking on the Future
4 snips
Dec 10, 2021 Steve Benson, CEO of Essential Housing, provides land banking services for builders. The podcast explores the basics and benefits of land banking, the underwriting process for selling lots to builders, evaluating risks in real estate deals, the importance of builder partners and trust, strategic versus tactical approach to land banking, understanding entitlement risk in real estate projects, and predictions for the current market and the impact of the housing recession and COVID-19.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 3min
The Basics of Land Banking and its Evolution
03:11 • 15min
The Underwriting Process and Building Relationships
18:00 • 8min
Evaluating the Risk of Being Wrong about Absorption, Sales Pace, and Price in Real Estate Deals
26:29 • 2min
The Importance of Builder Partners and Trust
28:01 • 5min
Strategic versus Tactical Approach to Land Banking
32:58 • 8min
Understanding Entitlement Risk in Real Estate Projects
41:27 • 2min
Predictions for the Current Market and the Impact of the Great Housing Recession and COVID-19
43:02 • 12min