Real Estate & Hotel Development
Site, structure and capital. How a hospitality asset is conceived, underwritten and brought into existence before a single guest arrives.
Discipline
Development is the moment where land, capital and an operating idea are resolved into one buildable position. The work runs from site selection and highest-and-best-use through programme, cost, debt structure and exit.
Method
- Site and market feasibility
- Programme and key-count strategy
- Development cost and capital stack
- Underwriting: cash flow, IRR, equity multiple, DSCR
- Scenario analysis and exit modelling
