What is redevelopment?
Repositioning or converting an existing structure, often with new entitlements. It sits between acquisition and ground-up development: existing cash flow can cushion risk, but the redeveloper inherits the building’s problems.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.