MAC Development Corp.

MAC deals with development efforts to develop a 41-acre site near Chicago. Reviews two years of effort and shows the remaining issues of: 1) win city approval for development and tax reductions, 2), which the bank credit agreements, including the search for a buyer for the first lot, and 3) the agreement of a final purchase price with the seller. Including color exhibits.

MAC deals with development efforts to develop a 41-acre site near Chicago. Reviews two years of effort and shows the remaining issues of: 1) win city approval for development and tax reductions, 2), which the bank credit agreements, including the search for a buyer for the first lot, and 3) the agreement of a final purchase price with the seller. Including color exhibits.
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from
Richard G. Hamermesh
Source: Harvard Business School
24 pages.
Release date: 01 March, 2002. Prod #: 802140-PDF-ENG
MAC Development Corp. HBR case solution