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Multifamily Feasibility Runs on Absorption and Developer's Cap Rate
Two pro forma inputs decide whether a multifamily project actually pencils — how fast it leases up, and whether the developer's cap rate beats the market by enough to justify the construction risk.
The Pro Forma Is Where Multifamily Development Actually Happens
How feasibility decides whether a multifamily project moves forward — site selection, density calculations, impact fees, absorption risk, and the developer's cap rate.