FEATURE FRIDAY

With Deepblocks, you can export a CSV of the back-of-the-envelope development assumptions and integrate it into your pro forma.

There is nothing like building your own real estate development pro-forma. Everyone has their flavor, from simple sketches to elaborate forty-tab masterpieces. A pro-forma is a perspective on the assumptions of the local market.

Why is the back-of-the-envelope used before building a pro-forma?

In school, I learned to first build a simple back-of-the-envelope (BOE) return on cost (ROC) analysis to compare across new development products. At Deepblocks, we integrated the ROC with a 3D model to filter construction options. For preliminary feasibility, a BOE is simple and gets the job done.

Our customers agree, however, they’ve always wanted to integrate assumptions from Deepblocks into their internal pro-forma. 

Deepblocks launches functionality to export development assumptions.

For the first time, you can export a CSV of all the development assumptions and integrate it into your pro-forma. Assumptions include financials, programmatic areas, unit mix, construction costs, operating expenses, vacancies, and more. 

Get in touch if you want us to include more features.