Why would a developer be willing to manage a completed project even after it has been sold?
A)The developer knows the project better than other management companies and,therefore,could manage the property more efficiently
B)The developer could profit from the lucrative management fees being charged by management companies
C)Knowledge of the tenant's needs and the current leasing market might give the developer better insight with respect to future developments
D)All of the above

Question

Quizplus · Accepted Answer

All of the above reasons are valid and could motivate a developer to manage a completed project even after it has been sold. For instance, the developer has the advantage of possessing more knowledge of the property and its tenants than other management companies, which allows them to manage the property more efficiently. In addition, the developer could profit from the lucrative management fees being charged by management companies. Furthermore, having knowledge of the tenant's needs and the current leasing market could give the developer better insight with respect to future developments.

Why Would a Developer Be Willing to Manage a Completed