What problem does it solve?
Ground-up real estate development analysis from site acquisition through stabilization, delivering explicit budgets, schedules, and risk assessments to guide decision-making.
Core Features & Use Cases
- Build complete development budgets (land, hard costs, soft costs, contingency, construction interest)
- Model lease-up schedules with absorption, concessions, TI, and leasing commissions
- Calculate yield on cost, development spread, and profit on cost
- Structure construction financing (LTC, interest reserve, draw schedules)
- Analyze permanent financing take-out scenarios and DSCR/LTV constraints
- Stress test scenarios to validate feasibility and exit strategy
- Compare build-vs-buy economics and assess entitlement risk
Quick Start
Provide project inputs (land cost, hard costs, NOI, and rent assumptions) and run the Development Budget workflow to generate a pro forma.