We analyze market conditions and demographic trends to determine demand, pricing, and project viability. This includes reviewing comps, supply pipelines, absorption, and key demographic indicators to establish realistic assumptions and support accurate underwriting.

​We assess zoning regulations to determine what can be built on a site and its true development potential. Our review covers allowable FAR, use restrictions, height and setback rules, and applicable overlays to clarify buildable area and reduce entitlement risk.

We prepare streamlined construction cost estimates and development budgets incorporating hard and soft costs, contingencies, and timeline assumptions. By integrating these into project cash flows, we help clients understand total costs, evaluate feasibility, and anticipate capital needs.

We develop tailored financing strategies that identify the most effective mix of debt and capital sources for each project. This includes evaluating traditional loans, construction and bridge financing, mezzanine debt, as well as grants, municipal bonds, and other public or specialty funding programs. By modeling these options and stress-testing key metrics such as DSCR, LTV, and coverage ratios, we help clients structure a capital stack that maximizes feasibility, efficiency, and long-term project performance.

We create detailed cash flow models that forecast development, operations, and exit performance. By incorporating revenue assumptions, costs, timelines, and financing inputs, we deliver clear pro formas supported by scenario and sensitivity analysis.

We build clear, transparent equity waterfall models, including preferred returns, IRR-based promotes, GP/LP splits, and capital account tracking. These frameworks help align investor incentives and clarify return outcomes across different exit scenarios.