Planning & Development
What is Pro Forma (Development)?
A development pro forma is the financial model of a real estate project: land and construction costs, financing, revenue from sale or lease, and the returns that result. It is the spreadsheet a deal lives or dies by.
In practice
Feasibility platforms attach live pro formas to massing options so design decisions immediately show their financial consequences — add a floor, see the return change.
Tools for Pro Forma
Deepblocks
AI-powered highest-and-best-use analysis: zoning, massing and financials for any US parcel in minutes.
Penciler
UrbanSim tool that auto-generates building options on a site and compares program and financial feasibility for multifamily deals.
Archistar
Find highest & best use of any site
Related terms
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