Before any land development project starts, understanding its feasibility should be your first concern.
Developing an accurate pro-forma is a crucial step in any real estate feasibility study. Not only will it help you with cash flow analysis, but the feasibility study will help you secure approvals from your Partners, Management, Financial Institutions, and Investors. But knowing how to prepare a pro-forma is only the first step. A pro-forma is only as good as its data. So let Terra Novo’s experience in understanding the development process create your projects pro-forma with numbers you can count on. Let’s face it, if your project is not feasible you need to find out at this stage of the game.