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Market analysis about developer HOT 1 OPEN

udst avatar udst commented on July 20, 2024
Market analysis

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waddell avatar waddell commented on July 20, 2024

Market analysis here refers to the first phase of real estate feasibility analysis, in which developers scan a large market area for potential development sites, looking at factors that can provide an initial indication of where development might be feasible, before starting to do pro forma analysis on a subset of parcels. In terms of how this might be implemented in the new developer model, it might be a preliminary process to screen parcels for ones that meet a set of basic criteria which we would still need to determine. This would filter out parcels that don't meet the initial screening from further consideration.

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