Summary
Commercial and Residential Units: Explanation of handling commercial and residential units when developing and selling properties. Includes details on how to account for leasing or selling portions.
Unit Management Strategy: Key consideration that only units to be leased should be entered. Examples provided for mixed-use scenarios (e.g., 8 residential leased, 2 sold).
Cost and Revenue Calculations: Discussion on sales calculation methods (manual or average cost per gross floor area - GFA) and how they link to project dashboards.
Revenue Insights: Includes key financial metrics like vacancy rate percentage, operating expenses, effective gross revenue (EGR), and sales commission triggers.
Sale Timing: Emphasis on planning sale periods (e.g., July 27 - December 27) and their impact on project scheduling.
Insights Based on Numbers
- Effective Gross Revenue (EGR): Highlights the importance of calculating operating expenses against EGR.
- Project Timeline: Details specific sale periods for commercial units (July to December).
- Vacancy Rate: Indicates its significant role in financial forecasting.