Proforma in CRE

This course will cover the pro forma as your road-map to making informed feasibility decisions on development projects and tracking from commencement to completion. Participants will be led through the step by step construction and manipulation of an industry-accepted commercial office and residential investment pro forma.

COURSE CONTENT

  • Identify the relevant project data required to begin crafting a pro forma
  • Assess/Estimate Cost Inputs:
  • Project Revenue Inputs:
  • Build Operating Cost Statement:
  • Build Cash Flows
  • Valuation
  • Sensitivities Analyses
  • Project Sign offs:
  • Development Management:
  • Assess/Estimate Cost Inputs:
  • Project Revenue Inputs:
  • Condo Fees and Taxes
  • Build Cash Flows
  • Valuation
  • Sensitivities Analyses
  • Project Sign offs

KEY LEARNING OUTCOMES

How to undertake due diligence and assess in detail the feasibility and valuation of a commercial and residential development project pre and post construction by building and using an XL pro forma that accounts for:

  • Land and related cost
  • Zoning and Site Plan
  • Design
  • Timing
  • Construction
  • Soft Costs
  • Financing
  • Leasing
  • Cash flows – Development and Operating
  • Operating statements
  • Valuation methods and investment strategy
  • Partnership models
  • Sensitivity analyses at multiple data points
  • Tracking from commencement to completion

How to construct a pro forma to provide:

  • Both detailed analyses and quick sensitivity analyses
  • Structuring to provide for partnership models and hurdles
  • Assessing financing alternatives
  • Understanding the impact of key variables on overall costs, revenues and returns
  • Identify common misses and errors
  • Understanding the key differences between a commercial leasing project and a residential condo project pro forma

INSTRUCTOR

  • Andrew Kidd, Senior Vice President, Development, NorthWest Healthcare Properties REIT

COURSE FEES

  • REALPAC Member Company*: $895.00
  • Non-Member Company: $995.00

*To determine if your company is a REALPAC Member, click here.

CANCELLATION POLICY

REALPAC reserves the right to cancel course offerings based on low attendance numbers for 100% refund on registration fees only. Participant cancellations must be received in writing, at least five business days prior to the event for a 75% refund. Substitutions are permitted.