Description

Event Details:

• Dates: June 02, June 04, June 06 2025 (3 sessions)

• Time: 8:30 – 11:00 AM PST  (7.5 Total Hours)

• Location: Live Video Conference

This specialized course delves into the intricacies of proforma modeling for strata developments, equipping you with the skills to construct and analyze financial models that capture the distinct aspects of for-sale condominium projects. Through a combination of theoretical principles and practical application, you will learn to analyze and develop the  proforma of strata development across the project stages, from initial feasibility to final project delivery.

Key Learning Outcomes:

• Understand the Unique Financial Dynamics of Strata Developments:
• • Comprehend the financial structure and revenue recognition specific to condominium projects.
  • Analyze the impact of pre-sales, deposit structures, and phased completions on cash flow.

• Develop Comprehensive Sales Revenue Projections:
  • Assess market demand and pricing strategies for strata units.
  • Incorporate absorption rates and sales velocity into revenue forecasts.

• Evaluate Development Costs and Project Budgeting:
  • Detail hard and soft costs associated with strata developments.
  • Implement contingency planning and cost management strategies to maintain budget integrity.

• Explore Financing Mechanisms and Capital Structuring:
  • Investigate financing options tailored to strata projects, including construction loans and buyer financing arrangements.
  • Understand the role of equity partners and investor expectations in strata developments.

• Conduct Sensitivity Analysis and Risk Management:
  • Perform scenario analysis to understand the impact of market fluctuations on project viability.
  • Identify and mitigate risks related to sales, construction, and market dynamics.

• Master Advanced Excel Modeling for Strata Projects:
  • Build detailed proforma models incorporating unit mix, pricing, and sales schedules.
  • Utilize advanced Excel techniques to create dynamic and user-friendly financial models.

• Communicate Financial Insights Effectively:
  • Prepare comprehensive financial reports and presentations for stakeholders.
  • Articulate the financial rationale behind development decisions to investors, lenders, and partners.

Who Should Attend:

• Real estate developers specializing in multifamily strata projects.
• Financial analysts and consultants focusing on condominium developments.
• Investment professionals seeking to deepen their understanding of strata development economics.

Prerequisites:

• A foundational knowledge of real estate development processes and financial principles.
• Proficiency in Microsoft Excel or similar spreadsheet software.

Course Format:

• Interactive lectures led by industry experts.
• Hands-on modeling sessions with real-world case studies.
• Collaborative group discussions and Q&A segments to address specific challenges and scenarios.

Certificate:

Participants will receive a Certificate of Completion upon finishing the course.

Continuing Education Credits:

This course may be eligible for Continuing Education credits—contact us if you require supporting documentation.