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With The Right Focus, Get Your Project’s Team, Velocity & Pro Forma Where They Need To Be.

Commemorating The Labor That Goes Into Being A Developer.

Commemorating The Labor That Goes Into Being A Developer.

On this Labor Day the Owner’s Representatives at DAE Group would like to celebrate the special kind of “labor” that goes into being a developer of a real estate project … such as the personal control it takes to deal with never-ending change order requests or the stamina required to cope with neighborhood groups. For details read the blog.

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Soft Costs In Construction

Soft Costs In Construction

Soft costs are any costs that are not considered direct construction costs or “hard costs.” These costs typically are associated with non-tangible items, such as design, fees, taxes, and insurance. Soft costs can be a significant part of a project’s budget. Types of...

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Hard Costs In Construction

Hard Costs In Construction

Hard costs are often referred to as “brick-and-mortar costs,” and refer to any costs associated with the physical construction of the building or project,Under any equipment used, and any labor associated with the construction of the project. Because hard costs are...

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Pro Forma Real Estate

Pro Forma Real Estate

A real estate “pro forma” is a look into the future for a particular piece of property. Investors use “pro formas” as a tool to make assessments about a project’s anticipated use, its anticipated costs, its anticipated revenues and its anticipated cash flows and...

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What is Pre-Construction, and why is it important?

What is Pre-Construction, and why is it important?

Basics of Pre-Construction Owner’s representatives are involved in all phases of a project’s development, or they can be brought in at specific times to do specific tasks within the development of a project such as constructability reviews or forensic accounting. Here...

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Pro Forma Budget Explained

Pro Forma Budget Explained

What does Pro Forma Mean? Pro forma is a Latin term meaning “for the sake of form.” What is a Pro Forma Budget? In real estate, a pro forma budget often takes on the “form” of Excel spreadsheet cash flow projections. They are used by developers, investors, brokers,...

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