pro forma

Isaac Kremer/ July 3, 2024/ / 0 comments

A summary of an economic analysis of the costs and value of a proposed real estate development; typically includes land costs, hard costs, soft costs, equity, and sales price or amount of the permanent financing. See also life-cycle costing. 2. a set of assumptions and calculations that projects the financial return that a proposed real estate development is likely to create; this document is used commonly when seeking financing, attracting partnerships, or presenting a project to investors. (Kremer, 2025)

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About Isaac Kremer

IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.

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