Condo/Town home Development Proforma

[Jonathan Orr]

I have an opportunity for a development project that would better fit a condo/townhome project rather than traditional Multifamily. I wanted to know if anyone has a underwriting for condominium or townhome development? I have a few excel models, but wondering if anyone else has a model they prefer? This would be my first townhome project so open to different underwriting. I have the Adventures in CRE for their condo development model but would like a model that goes into a bit more detail in determining cost on a per sq ft basis. Thinking I may need to build a model.

Thanks BP!