The heart of any development project is the economic model that predicts future performance. Typically, this consists of a proforma that integrates hard and soft costs, financing alternatives and cost of capital, projected income and expense streams, debt service, distribution of income and reversion calculations into a reliable model that accurately analyzes alternate scenarios and has the capability of backsolving for a predetermined yield.

While we're proficient in using industry-standard "canned" solutions, we believe that every project has enough internal differentiation that a hand-crafted, project-specific proforma yields a more client-oriented testbed for economic analysis, and is more capable of adapting to the inevitable changes that occur over the pre-development life of a project.

It's the management of these changes, in a project-specific manner, that provides the continuous and internally consistent data stream to enable finely calibrated decisions by the development team. We call this service proforma management.