Frederick Goethals.← Back to selected work
Case 01 / Development feasibility

Multifamily Underwriting

A complete value-add acquisition model connecting property assumptions, renovation strategy, debt, operating performance, exit value, and investor returns.

319Representative units
30.7%Modeled levered IRR
1.92xModeled equity multiple
7Decision sensitivities
Selected model views

Inside the model.

The finished model turns a large set of assumptions into a clear investment-committee view: where returns come from, which assumptions matter most, and where the proposed plan has the least room for error.

Illustrative portfolio example. Property, client, and source identifiers have been removed.

Discuss a similar project