Open pksohn opened 7 years ago
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.
Need more clarification.
From Discourse:
Idea is to filter parcels with some initial, crude metrics to scale the problem down before running it through the core calculations.