Construction Fundamentals for Development Professionals

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March 31
United States
ULI Learning


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This course is being offered on demand.

Although construction is one of the most important facets of real estate development and redevelopment, this complex process is often not well understood by real estate professionals.

This webinar will provide you with a strong foundation in all the essential elements of any construction project. You’ll leave with a solid understanding of construction contracts, contract pricing, and considerations in hiring construction professionals. In addition, you’ll learn the basics of building systems, delivery methods, construction sequencing, building materials, and types of construction.

This comprehensive webinar covers it all and digital materials include an extensive appendix of construction-related documents. Don’t miss this unique opportunity to expand your knowledge of the construction process.

Principal Instructor

Alan RazakAlan Razak
AthenianRazak, LLC
Philadelphia, PA

Alan Razak is Principal of AthenianRazak LLC, a Philadelphia-based real estate services company that consults on, creates, and manages real property. Alan has more than 35 years of commercial real estate experience, encompassing development and project management, finance, architectural design, and consulting. His diverse real estate background includes managing the development process, both as owner and on a consulting basis as owner’s representative, and project types including residential, office and commercial, as well as specialized expertise in data centers and other highly technical facilities.

Prior to merging with Athenian Properties in 2011 to form AthenianRazak, Alan founded and led Razak Company, which was responsible for the development of projects such as Main Line Jaguar Land Rover, Pembroke North Condominium, 5035 Ritter Road for the AOPC, and the Curtis Institute of Music’s Lenfest Hall. Razak Company also performed real estate consulting assignments for clients including Swarthmore College, the Rock School of Dance, Vanguard Group of Mutual Funds, and many others.

Prior to forming Razak Company in 2003, Alan was a Principal with Radnor Advisors, Inc., which was subsequently purchased by Insignia/ESG. In this role, he coordinated the marketing and service delivery to data center and high technology clients worldwide and managed the Philadelphia office’s real estate consulting group. During the early 1990s, Alan focused on international real estate and technical consulting services for government and domestic financial institutions. For much of the 1980s, he was a Partner at Rouse and Associates (now Liberty Property Trust), where he managed development of a 400,000 sf Washington, D.C. office building project and Rouse’s 20-acre Penn’s Landing urban multiuse project on Philadelphia’s waterfront

Alan began his career as an architect, and for purely sentimental reasons maintains his status as a registered architect in Pennsylvania. Alan has served on the Central Philadelphia Development Corporation’s Board of Directors, and is a member of the Urban Land Institute, where he wrote and currently teaches several workshops for real estate practitioners internationally. He holds a B.S. in Arts and Design from MIT, a Master of Architecture from the University of Washington, and an MBA with a concentration in real estate from Wharton.

Registration Fee

ULI Member: $395
Nonmember: $525
Govt./nonprofit Members: $350
Govt./nonprofit Nonmembers: $465

Registration fee includes digital materials and 60 day access to on demand webinars for registrants.


Program Highlights

  • Learn how the complex, multidisciplinary construction process works.
  • Meet the wide range of players and find out who does what and when.
  • See why construction requires masterful collaboration, coordination, and communication.
  • Examine components by function and construction method. How to select and hire the right contractor.
  • Learn how to manage the contractor once construction begins.
  • How to price and put together the best construction contract to protect your interests.
  • Identify all the key players in the construction process.
  • What to expect in terms of who actually does the work.
  • How a general contractor buys out a job.