What Is Preliminary Underwriting? We like to think of “underwriting” as the analysis and vetting of a prospective project – all the backroom work that needs to be completed before hefty sums of money and time are invested in a …
Purpose of Cash Flows? Having started my career as a financial analyst, I ran a lot of pro forma models and most were “static” one-pagers. And by static, we are generally talking about revenue and cost projections, but absent any …
What Does “Land Residual” Mean? During the land acquisition process or in the financial analysis, “land residual” is a commonly heard term. In essence, the land residual is tantamount to meaning the as-is value of the land in its current …