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...
Owner’s Representative Scope of Services

Owner’s Representative Scope of Services

An owner’s representative’s scope of services may cover all phases of the project’s development or be limited to select parts of the process. This is usually determined by the capabilities that the developer’s team brings to the project and their...
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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