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Building a Career in Real Estate Development

Real estate development is often described as the engine that propels growth in the real estate industry. Real estate developers purchase real estate, make improvements to the existing structures or build new ones and sell the property at a profit. That is why all successful real estate developer must be able to recognize opportunities for making money as well as predicting trends. Adam Hochfelder is one of New York’s most admired real estate executives whose reputation is built on the hallmarks his clients and partners have come to rely on. Here Mr. Hochfelder breaks the key steps for starting a career in real estate development. Read more...

Adam Hochfelder

Adam Hochfelder was born in 1971 and was brought up on Long Island, in Old Westbury, New York. He attended the University of Pennsylvania's Wharton School of Business, from which he graduated in 1993. Mr. Hochfelder began his professional career while still in university, after his sophomore year, when he took on an internship position at Newmark and Co, a major real-estate services company . In 1996, Mr. Hochfelder co-founded Max Capital Management Corp and began building his commercial real-estate portfolio, that reached up to seven million square feet, measuring up to holdings of some of the most prominent real-estate magnates. In 1998, Adam Hochfelder was one of the youngest people ever selected to serve on the Real Estate Board of New York. Thanks to Adam Hochfelder’s exceptional business management skills, his real estate investment firm in NYC reached over $3 billion in assets under management. Under Mr. Hochfelder’s stewardship, the firm added some major acquisition

Adam Hochfelder talks about the earnings of a real estate career

Original Article This is a true paradise for those involved in the real estate business because they always have the opportunity to trade, sell or rent real estate properties. Now is a good time to be in the real estate business, and Adam Hochfelder reveals that smart investments in real estate can return even triple. It is also not that difficult to realize that real estate agents receive a nice percentage of selling a property, and this amount usually adds up to more than a few average salaries. One of the most important and basic services that a real estate agent performs is helping people buy and sell homes. As experts in the process of buying and selling the property, real estate agents and managers facilitate the transactions, the searching, and with that save clients time, trouble and money. Just like in any other profession you need to understand and constantly upgrade your knowledge on the industry.

BiggerPockets, the new home for Adam

BiggerPockets, one of the biggest real estate communities on the internet, is excited to have the Whiz-Kid from New York, Adam Hochfelder. Here is his profile -  https://www.biggerpockets.com/users/AdamHochfelder