ULI Minnesota: Development Proforma Workshop for the Public Sector (2 Day Event)

When

2021-02-24 - 2021-03-03

Choose Your Calendar

    Where

    ZOOM
    This workshop is sold out, please email [email protected] to be added to the waitlist for a possible future proforma workshop. ULI Minnesota, with the knowledge of local member experts, is offering a Development Proforma Workshop to raise awareness and build the capacity of local government staff.

    Pricing

    Pricing Members Non-Members
    Private $60.00 $80.00
    Public/Academic/Nonprofit $50.00 $70.00
    Retired $60.00 N/A
    Student $60.00 $80.00
    Under Age 35 $60.00 $80.00
    This workshop is sold out, please email [email protected] to be added to the waitlist for a possible future proforma workshop.
     

    Agenda

    Times displayed in 

    2021-02-24T14:00:00 - 2021-02-24T16:00:00
    America/Chicago
    ULI Minnesota: Development Proforma Workshop for the Public Sector - DAY 1
    2021-03-03T14:00:00 - 2021-03-03T16:00:00
    America/Chicago
    ULI Minnesota: Development Proforma Workshop for the Public Sector - DAY 2
    This workshop is sold out, please email Rachel Keenan to be added to the waitlist for a possible future proforma workshop.
     
     
    Development Proforma Workshop
     
    ULI Minnesota, with the knowledge of local member experts, is offering a Development Proforma Workshop to raise awareness and build the capacity of local government staff.  The workshop goals include:
    • Increase understanding of the parameters needed to successfully finance a development
    • Outline impacts of local policies and partnerships
    • Provide city/county staff with knowledge to better negotiate developments
    • Provide staff with knowledge to help support projects with policy leaders
    This two day training will specifically focus on the basic parameters included within a development proforma and outline how each product type has varying proforma components.  The workshops will be formatted to allow interaction and discussion with key members of the real estate industry and will include take away proforma samples, definition of key terms, and principles to consider when evaluating development proposal.
     
    Content experts include:
    • Connor McCarthy, United Properties
    • Tony Kuechle, Doran Companies
    • Stephanie Hawkinson, City of Edina
    • Nolan Wall, City of Vadnais Heights.
    4 Hours of AICP credits have been applied for!
     
    Workshop Agenda and Dates:
     
    Session 1:  Wednesday, February 24, 2021
    2:00 – 4:00 PM CST, via Zoom
    •  Introduction
    • Key Drivers of Financial Feasibility
    • Interactive Review of Development Proformas
    • Preparation for Session 2
    Session 2: Wednesday, March 3, 2021
    2:00 – 4:00 PM CST, via Zoom
    • Proforma Impacts due to Development and Policy Variables
      •  Investor demands, cap rates, interest rates, rental rates, and construction costs
      • Density, parking, affordability mandates, design standards, zoning restrictions
    • Public Partnership Investment Impacts
      • Key gap offsets
      • TIF, Tax Abatement, Bonding, Density Bonus, Waive Fees, State, County and Regional funding
    • Wrap up:  Development Proforma Key Principles 

    Speakers