04 ยท Integrated real estate
Mixed-Use
underwriting model.
A consolidated model that preserves the operating logic, timing, and valuation method of each component.
Model purpose
The model separates each use enough to underwrite it accurately, then combines them into one capitalization, cash flow, and decision framework.
01
Designed for
- Residential and retail
- Office and hospitality
- Multi-phase districts
- Adaptive reuse
02
Core inputs
- 01Component-specific operating assumptions
- 02Shared costs and allocation rules
- 03Development and delivery phasing
- 04Lease-up or sellout schedules
- 05Construction and permanent debt
- 06Component exit assumptions
03
Decision outputs
- Component and consolidated cash flow
- Phased capital requirement
- Cross-use sensitivity analysis
- Blended project returns